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Update: Caterpillar's Strong Q3 Drives Shares Higher
- CAT beat consensus on the top and bottom lines.
- The strong performance is in line with our expectations.
- We noted that CAT could impress shareholders and prove Jim Chanos wrong, but note the valuation could be stretched.
- Famed Short Seller Hates Caterpillar, I Don't
- Why Caterpillar Is A Good Investment Now