Caterpillar Offering Decent Risk/Reward For Longs Here
Caterpillar Inc. (NYSE: CAT) famous for its yellow construction equipment announced second quarter earnings last week that led to a roughly 5% sell-off in the stock last Friday, July 21. Equipment sales in Asia and Latin America were solid but higher input costs (steel and other raw materials) weighted on the bottom line. And […]
Deere and Caterpillar Still Attractive
While today's broader tape is trading fairly boring for our taste we decided to spend some time looking into the industrial sector. We are believers of longer-term emerging market growth, where housing, roads, and agricultural demand should be strong for years to come. As such Deere & Company (DE) and Caterpillar (CAT) both still look […]