Caterpillar (CAT)

A good, well-run company. Well-positioned for a recovery in the economy, drilling activity and any areas where their machinery is sold. Would prefer to play it through a Canadian company such as Tormont or Finning because of currency risk.

Are just opening, large new facilities in India.Should be a strong market, down the road.They have recurring revenue through leasing equipment.55% of their sales come internationally.A good play on a weak US dollar.

Has strong recurring revenues because of their leasing sector.