After raising estimates on Monday, Manitowoc Company (MTW) jumped quite a bit and this should cause others in the same field to jump also. Last summer Cramer recommended Caterpillar Inc (CAT) and Terex Corp (TEX) also and both are doing good business. He wanted to reiterate his buy call on these, but the money is in a stock that hasn't been tapped yet, H&E Equipment (HEES). This company came public two months ago, they rent, sell, and maintain heavy equipment for construction. While H&E Equipment maintains a lot of debt they did the IPO to help on capacity. If you missed the jump on Manitowoc Company, Caterpillar Inc, or Terex Corp get in now on H&E Equipment. Will H&E Equipment help in the rebuild after Katrina? Cramer says look at H&E Equipment to get business. Will these companies continue to do well with the current status of the housing market? There may be a small slowdown but other areas of business such as commercial and government work will help them continue to do well. Do negative assets cause concern with these companies? Cramer thinks they could easily clear things up by issuing primary stock and raising huge money just like Google (GOOG) did recently.
