Saturday, July 5, 2014

CAT - A good Bet?

My comments on the article -
http://seekingalpha.com/article/2299955-caterpillar-an-excellent-bet-on-restructuring-effort

Great information and well written. I had recommended this stock when it broke the 90 consolidation. This stock has a potential of going all the way to 120. IT has now reached 110 levels. I like this stock. Great move upside especially in good markets.

Now the other perspective to consider is the overall market. Everything seems to be overvalued like the stock market, the housing sector... will be interesting to see how much and how longer this is going to be sustainable.