Caterpillar Inc. (CAT): Has Its Stock Bottomed?

Going forward
I still haven’t bought Caterpillar Inc. (NYSE:CAT) stock, but it’s definitely high on my watch list. It offers a wide economic moat with its dealer network, brand name, and reputation for high quality machinery. It gives investors a way to play the global economic rebound, if and when that takes place. When emerging markets – notably China, India, and Africa – pick up steam the upswing on building infrastructure will boost sales quickly for Caterpillar. In addition to that, when demand for Caterpillar’s products picks up in the mining sector, it could mean the company’s best days are ahead of it, and that its current stock price could be a steal for long-term investors.

The article Has Caterpillar’s Stock Bottomed? originally appeared on

Motley Fool contributor Daniel Miller has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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