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Caterpillar: A Rebounding Economy Play

As the U.S. and global economies start to recover, a rebound in construction and agricultural equipment will be good news for Caterpillar. Add to that a further weakening in the U.S. dollar and a possible second fiscal stimulus package and shares of CAT should risel.

GDP contracts less than expected

The U.S. economy shrank at a lower-than-expected rate in the second quarter, indicating that the worst economic crisis since the Great Depression is...

Caterpillar disappoints badly

Caterpillar Inc. (CAT) today reported its first quarterly loss in 16 years. The heavy equipment manufacturer said the worst economic crisis since the...