Caterpillar: A Rebounding Economy Play

Updated

The U.S. and global economies are starting to recover, and that's good news for Caterpillar (CAT), hence I'm reiterating my buy rating for the company's shares, first recommended on April 13, 2009 at a price of $33.02. If you bought CAT in April 2009, you're up a smart 75%.

Advertisement