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S&P 500: 1,340.35 Change: -0.84%
Joewallstreet
P&P Score: 89.75 | Points: 10.36 | Accuracy: 50.00 | Average Pick Score: -3.70   Annual Return: N/A  
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Commentary
BUY: CATERPILLAR INC (CAT) Rating: 3
Start Price: $35.46
Points: +166.04
Created: 05/28/2009
CAT is a major player in the industrial machinery sector with 75% of its business in foreign markets. CAT will make a nice longer term recovery and could hit a price of $50 in or by the next 18 mos. CAT is a buy at $30-31, given current pullback in late 5/09.

1 Comment(s):

Author Joewallstreet     Date 2010-01-11 22:22:44
CAT gapped up in today;s trade. This company remains in a good position to profit from developments in 2010. Expect a high of $70-75 per share this year.
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