Caterpillar Keeps Climbing Even on a Downgrade

Tropenmuseum, part of the National Museum of World Cultures [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]This Cat apparently does have nine lives, and it’s already used seven of them. After six consecutive quarters in which Caterpillar’s earnings failed to meet plummeting expectations, Cat’s stock started to die each time then took a dead-cat bounce back to life. After its seventh quarterly fail in October, it only climbed higher. Yet, no […]

The post Caterpillar Keeps Climbing Even on a Downgrade appeared first on The Great Recession Blog.