Wednesday, March 10, 2010

Della Farrell 3/10/2010


Caterpillar Inc. is a corporation that provides construction, mining and farming equipment. They run through three departments the manufacturing the machinery, the manufacturing of engines and their financial operations such as CAT Insurance. Since March 2009 CAT stock has soared despite the recession. This week CAT has closed at 59.18 a dip in the high point of 60.34 that was seen in January yet better then the 33.99 that was seen in last June. But other then the month of June CAT was risen steadily and appears to be a stable investment with benefits. I believe investing in CAT is a safe but not profitable choice. Their stock appears to be conservative and in order to make any real money a person would have to invest an enormous sum of money. CAT doesn't really meet the ideal projection I had for my investments, it's too slow.

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