Wednesday, April 29, 2009

Some recovery/infrastructure plays

Caterpillar sold all of 5 Cat excavators in China in January. Now Caterpillar says business in China is screaming.

Doesn't that mean they are now selling 600 a month?
http://www.reuters.com/article/marketsNews/idINN2942127020090429?rpc=44

And if CAT is doing that business, how about these as a cheap derivative play on the construction recovery?

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