Caterpillar Ignites Fear For Equipment Stocks

There are certain things we have gotten used to counting on each spring: the season changes and the weather warms, baseball games bring fans to the stadiums, the economy weakens, and investors “sell in May and go away.” The old Wall Street adage “sell in May and go away” refers to the seasonal tendency of stocks’ performance to weaken in the spring until the fall. In recent years, this spring slide in the stock market was driven by the arrival of a spring soft spot in the economy.

Andrew Wilkinson submits: Caterpillar, Inc. (CAT) – Caterpillar call options are in high demand this afternoon with shares of the machinery maker rising nearly 3.00% during the first half of the session to hit an intraday- and new all-time high of $96.35. Shares are currently up 2.5% to stand at $95.92 as of 12:45pm in New York.

Shares of Caterpillar (CAT) have been steadily rising as infrastructure projects around the world have increased sales.  After seeing net income drop by more than 60% from 2007 through 2009, investors are now enjoying a rebound in earnings – primarily driven by emerging market demand.

Zacks.com submits: Big Lots Inc. (BIG), which operates as a broad line closeout retailer in the United States, posted better-than-expected first-quarter 2010 results on May 27, 2010, buoyed by strong sales and effective inventory management, prompting management to raise the outlook.

By Margin of Safety Equity Research:This article is a continuation of our head-to-head series, in which we compare the investment merits of competitors across our spectrum of wide-moat stocks. Caterpillar Inc. (CAT) Introduction

By Jim Van Meerten: There are so many sound worldwide stocks that are just waiting in the wings and waiting for the economy to take a turn. In my opinion one of the best among them is Caterpillar (CAT). No mater where you go in the world you are bound to see the yellow equipment with the big CAT logo on the side. Sales in Europe and China are slightly down but they are still buying in the emerging markets.

By Mercenary Trader: By Mike McDermott A disappointing earnings announcement from Caterpillar Inc. (CAT) this morning is weighing on today’s market.

A disappointing earnings announcement from Caterpillar Inc. (CAT) this morning is weighing on today’s market.