Get Ready For Positive Caterpillar News, Say AnalystsMark Melin
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 . . .
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