Heavy Equipment Gears Up for Investors
Posted by nahets on July 2, 2008
Some big time heavy equipment companies are making some promising investments. Deere (DE) is raising dividends, expanding stock buyback, and investing on worldwide demands. Caterpillar (CAT) allies with Navistar International (NAVZ) to build commercial trucks and forecasts big profit. Oskhosh (OSK) is close to a breakthrough on the military Humvee. But despite these growths, stocks are still trading well below their highs for this year . . .
Source: David Roeder. Chicago Sun-Times. “Heavy equipment in high gear.”
