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Caterpillar Building on Stronger Sales |
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| Jun 21, 2010 03:00 PM UTC |
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Via BloggingStocks:
Filed under: Caterpillar (CAT), Deere and Co (DE), Stocks to Buy  Someone has to build the foundation for an economic recovery, and Caterpillar (CAT) has all the right tools to do so.As the economy continues to recover and governments and corporations begin to rebuild, investment in heavy machinery is picking up. On Friday, Caterpillar reported that the company's machine sales rose worldwide for the first time since late 2008, growing 11% from the same year-ago period ending in May. Asian sales led the way with an increase of 38%, but North America wasn't too far behind with gains of 15% over last year. Unfortunately, sales in Europe declined by 8%. Continue reading Caterpillar Building on Stronger Sales Caterpillar Building on Stronger Sales originally appeared on BloggingStocks on Mon, 21 Jun 2010 10:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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