Reading Caterpillar's (CAT)
release and listening to the call, I get the sense of management
basically shrugging its shoulders and saying "heck if we know" when it
comes to the year ahead. I can't blame them in the least, as listening
to all manner of conference calls this earnings season has turned up a
wide array of feelings, impressions and outlooks for the
economy both now and for the rest of 2013. For better or worse, the
near-term outlook for Caterpillar is likely to be dominated by commodity
price trends, while the long-term value seems only so-so right now.
Please click below to continue:
Commodity Prices And China Make Caterpillar A Yo-Yo
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