Caterpillar And Our Patience Test - Hold
The market has lost its direction with Caterpillar's stock price for more than a year, which is always a blessing for patient investors like myself. We will remain patient. We see several uncertainties unfolding in the near future, which could trigger a correction and create better entry points. Looking forward, the brightest spot is the robust commodity markets. But other segments may have peaked, such as oil and gas, residential construction, and expenditures in China.