Caterpillar Crushes Earnings: Time to Buy?

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Industrials editor Brendan Byrnes discusses why he was impressed with Caterpillar's earnings beat. The industrial equipment company both beat earnings projections and raised full-year guidance, a positive sign from a company regarded as a bellwether of the economy. Caterpillar's CEO is bullish on the company's future prospects, and Brendan agrees.  

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Andrew Tonner has no positions in the stocks mentioned above. Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend FedEx. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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