Caterpillar (CAT) Looks Like A Buy After Earnings

China growth fears spurred a short-lived risk aversion wave on Wall Street last week, but like all of the recent sell-offs, this one was also short-lived and welcomed by bargain buyers. Corporate earnings are now at the center of attention as investors are reading beyond the quarterly numbers in search of insights about the global economic outlook ahead of Friday’s much-awaited U.S. GDP report [for more market news and analysis subscribe to our free newsletter ]. Amid the ongoing tug of war between the bulls and bears, mining and construction equipment manufacturer Caterpillar ( CAT ) presents an intriguing opportunity at the moment that warrants a closer look from traders looking to get a piece of the bull market. See the full story here → Related Posts: Dow Commodity Highs: 2007 vs. 2013 Caterpillar (CAT) Poised To Rebound Off 200-Day Moving Average A Deeper Look At China’s Commodity Industry
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