Wednesday, April 13, 2016

Why Caterpillar Stock Can Rise Further

Almost every oil related stock got beaten up in 2015, but as you can see below, Caterpillar, Inc (NYSE:CAT) has bounced back strongly in recent weeks. Moreover, other industrial stocks with heavy energy exposure, such as Dover Corporation (NYSE:DOV) and Emerson Electric (NYSE:EMR), have followed suit. Can the rally continue? Let's take a look at three reasons why it can.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED