Get Ready For Positive Caterpillar News, Say Analysts – ValueWalk Premium

Get Ready For Positive Caterpillar News, Say Analysts

At the start of March short sellers in Caterpillar Inc (NYSE:CAT) stock such as Jim Chanos of Kynilos Associates, a group noted by their particularly thick skin, were found licking their wounds. Chanos shorted the stock in 2012 in part on the thesis that China, a big market for Caterpillar's heavy equipment purchases, would fall into troubled times. That negative catalyst didn't happen. The stock moved higher to $110 in 2014 and then bottomed . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0