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Monday, April 24, 2017

Why Caterpillar is Gaining (It’s Not Just France)

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Caterpillar (CAT) did something for the first time since 2012 today–it reported a rise in retail sales, and that, together with the French election, is helping to boost its shares today.

In a regulatory filing today, Caterpillar reported that retail sales worldwide rose 1% during the three months ended in March. If this continues, shares of Caterpillar could break $100, contends Bespoke Investment Group:

April 24, 2017 at 10:39PM

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from Ben Levisohn

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