Caterpillar Is 2013’s Right Place, Wrong Time Stock – Brighter Days Ahead
Search for good Caterpillar (CAT) news and we come up empty. Each quarter’s earnings report has been a downbeat event, significantly missing analysts’ reduced estimates and leading to the snowball effect of reduced future projections.
Small wonder CAT’s stock price pattern looks miserable. Its -6% decline this year puts it in the 30th spot among the DJIA’s 30 stocks this year. As the leading “Dow dog,” Caterpillar needs 35+% outperformance just to catch up with the market.
Here’s why Caterpillar could see brighter days ahead…
This article is published on Forbes.com
