$58.20 -0.74 (-1.26%)
12/3/2009 4:01 PM

Caterpillar, Inc. (CAT)

CAPS Rating: 4 out of 5

The company is engaged in construction & mining equipment, diesel & natural gas engines and industrial gas turbines in its size range. It operates in 3 principal lines of business: Machinery, Engines and Financial Products.

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Member Avatar kstoltz (< 20) Submitted: 2/21/2009 3:04:56 PM : Outperform Start Price: $26.39 CAT Score: +77.03

Rabidly, pointlessly oversold at this point. Plenty of cash to cover the dividend, and this is before it began job cuts and retrenching for what will be admittedly a difficult year. However, this has been news for several months now. The drop down from the $40s to the low $30s made sense given the lower prospects, but now it's being priced on fear: as if construction will not return for years.

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