3 Reasons to Buy Caterpillar
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and technology and media editor/analyst Andrew Tonner discuss topics across the investing world.
In today's edition, Brendan and Andrew discuss the bull case for Caterpillar. Caterpillar's stock was one of the top performers on the Dow this year before falling in the past month or so. Brendan thinks this decline pushes the stock into "cheap" territory, and he is also enthusiastic about the company's stronger push into the mining equipment segment, which has been booming. A recovering commercial and residential market in the U.S. should help Caterpillar at home as well.
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At the time this article was published Andrew Tonner has no positions in the stocks mentioned above.Brendan Byrnesowns shares of Caterpillar. The Motley Fool has no positions in the stocks mentioned above.Motley Fool newsletter services recommendCummins. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.