Thierry Martin
07-19-2005, 12:38 PM
Here is an article posted by MarketWatch
NEW YORK (MarketWatch) -- Caterpillar Inc. shares surged 4% early Tuesday, with traders attributing the move to Wall Street commentator Jim Kramer's recommendation to investors to buy the stock ahead of earnings due later this week. Kramer said on CNBC television that he expects Caterpillar has had a "blowout" quarter. The stock could be viewed as an oil play, since Caterpillar provides equipment to oil companies, he said. Caterpillar is expected Thursday to report earnings of $1.01 a share, up from 78 cents a share in the same period a year ago, according to analysts polled by Thomson First Call. Revenue is projected at $8.3 billion, up from $7.1 billion. Shares were last trading up 4% at $52.85.
http://biz.yahoo.com/cbsmb/050719/6f3c7dc181584df590f961749b05390d.html?.v=1
NEW YORK (MarketWatch) -- Caterpillar Inc. shares surged 4% early Tuesday, with traders attributing the move to Wall Street commentator Jim Kramer's recommendation to investors to buy the stock ahead of earnings due later this week. Kramer said on CNBC television that he expects Caterpillar has had a "blowout" quarter. The stock could be viewed as an oil play, since Caterpillar provides equipment to oil companies, he said. Caterpillar is expected Thursday to report earnings of $1.01 a share, up from 78 cents a share in the same period a year ago, according to analysts polled by Thomson First Call. Revenue is projected at $8.3 billion, up from $7.1 billion. Shares were last trading up 4% at $52.85.
http://biz.yahoo.com/cbsmb/050719/6f3c7dc181584df590f961749b05390d.html?.v=1