FAT CAT
Caterpiller split in July and has continued to increase in price. Sure, they are expected to help in the tramatic rebuild from Katrina....but they also have my X approval by incorporating Fuel Cells into their growth plan.
Some interesting notes in their newsa is that one of their managers was appointed to the EPA.
They also issued $250 million in new debt....possible bond buy?
They have an enterprise value of $60.41 billion and a market cap of $37.5 billion. Seems like a good deal.
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