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Catepillar (CAT) looks like a cheap stock but...

 Jan 30, 2009 03:03 PM UTC
Warren_buffett
Return Risk
-9.46% HIGH
Associate
Symbol Sentiment Start Return Closed
CAT n/a
MTW n/a

Graphic_arrow1 Via Retirerichblog.com - Stock picks:  

At $30, Catepillar is an accidently high yielder (5% dividend) but this segment is declining like crazy. 20,000 job cuts at CAT with $21 billion in debt (it's market cap is only $18 billion!), I would stay away but historically the company has always been run with high debt. -Financials. Reading Manitowoc's(MTW) earning report, they are cutting 22% jobs and the CEO warns he does not see the recovery of crane market for at least two years! -Stock Article Link

Sell Block - Cramer's for CAT


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