CAT

Seeking Income: 5 Better Options than Caterpillar

Caterpillar has a lot more long-term upside potential, but we sold 100% of our Caterpillar shares this morning for a gain of +110% after owning them for 19 months. Before describing the 5 better income-producing investments, we review why we sold our shares of Caterpillar. Our 5 better options than Caterpillar for income-seeking investors are organized from least to most risky, but they’re all attractive, in our view.

Trump to Attack Amazon, Boost Caterpillar

Donald Trump has taken a stance on a variety of economic issues including foreign currency devaluation, corporate tax rates, corporate inversions, overseas cash balances and H1B visas. Some of his positions are exactly right, while others are questionable at best.  However ALL of Trump’s positions are very strategic and politically motivated. Further, Trump’s stance on these issues will undercut a headline-grabbing company that doesn’t like him anyway (Amazon), and boost a conservative-leaning company that provides a lot of middle-class jobs (Caterpillar).