Opinions Jim Huang
CaterpillarCATBUY ON WEAKNESSMar 07, 2013
Stock price when the opinion was issued
As of Jun 05, 2026. Market Open.
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Has seen many upgrades. Their earnings were out of control. They have $60 billion in backlog orders, and revenues up over 20%. Loves it.
Kevin Simpson
Equipment dealers are a great place to be -- pass through inflation very well, good plays on mining and global growth. TIH and FTT have the same type of chart, but not so much with WJX.
Technically, over its skis. So don't buy here. But the theme has legs for the next 3-5 years. FTT is a better deal (but at a lower level as well).
All 3 of the Top Picks today involve taking a bit of money away from the infrastructure plays.
This name plus WMT have been using AI the most and for the longest. Has autonomous and semi-autonomous machines. For those machines that have drivers, they just launched a CAT-AI system -- like having a friend and a coach in the cab. AI is being used for predicting and for supply chains.
His 12-month price target is $750. Buy 1/3 here, another ~$645, and the final 1/3 ~$605. Yield is 0.89%.
Kim Bolton
China’s economy has been slowing over the last couple of years and, in fact it bottomed last summer. Now it is coming back but the issue is, how quickly. His take is that it will be in the 7.5 %-8% range so the growth rate for this company will be slower. Has exposure to the housing market in the US as well, which is doing very well. Good name to own but be careful picking your entry point.