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Thursday, December 29, 2011

Caterpillar (CAT) stock predictions 2012

Caterpillar (CAT) stock predictions 2012 : Caterpillar's(CAT) the kind of stock that hedge fund managers love to go short or long depending upon whether Europe or China has had a stich of positive or negative news. Caterpillar does have power to do $12 in earnings, but the slowdown in Chinese construction, the tightening of rates in emerging markets, the inability of the United States to jumpstart its housing market and, of course, Europe, combined to almost cut that projection in half.

I think the company can earn $7 if all goes well and it should get a 12x multiple for the high-quality company it is. All that said, if Europe takes another leg down or China doesn't cut rates fast enough you will see $6 and a 12x multiple. All depends on the ECB and the Chinese central bank and neither is all that trustworthy. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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