Caterpillar’s Sales in China Offset Slowdown in U.S., Benefits Industrial ETFs
August 28, 2008 at 13:00 PM EDT
As we know, China is in the midst of a building boom that’s been digging up potential for a number of exchange traded funds (ETFs), and industrials are no exception. Heavy equipment maker Caterpillar (CAT) is expecting record sales this year, as demand in China and other emerging economies offset weakness here at home, reports [...]