Quote:
Originally Posted by ADL Colin
Yeah I have some Tiff.
I'm hot on Caterpillar right now. massive infrastructure spending plans by US, China, Germany and probably more. In addition when economy reinflates mining and energy should get a boost and that is good for CAT too (mining equipment, etc etc).
6% of these infrastructure plans should go toward equipment purchase and rentals. CAT has big market share. It's a lot of dough when you work out the numbers.
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great buy, they send out a profit warning, will take a year or two before those stocks pick up again. Markets will fall another 20-40% ( thats my personal prediction )