Caterpillar: A Buy on Further Weakness? [View article]
I assume readers know CAT's fundamentals, which are weak in the face of a weak economy. Yes, a weak dollar helps CAT exports when there is export demand, but with most economies in the tank, how much will a weak dollar help CAT's exports?
Also, please note my links to a more fundamental story at Thestreet.com and here on SA.
I don't see how a week dollar can help CAT as long as its domestic market is so weak. I don't buy the "glimmers of hope."
Caterpillar: A Buy on Further Weakness? [View article]
Caterpillar: A Buy on Further Weakness? [View article]
Also, please note my links to a more fundamental story at Thestreet.com and here on SA.
I don't see how a week dollar can help CAT as long as its domestic market is so weak. I don't buy the "glimmers of hope."