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Caterpillar Posts Strong Fourth-Quarter Results; Sees Global Economic Acceleration in 2012

publication date: Jan 26, 2012
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Caterpillar posted excellent fourth-quarter results and guided to a 2012 that was much better than investors were expecting. We continue to believe that the global economic environment remains conducive to expansion. Caterpillar now looks fairly valued after converging to our fair value estimate.


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