Caterpillar shares high-risk

02 February 1999

Caterpillar shares ‘high-risk’

SHARES in Caterpillar look like a high-risk investment, reports the Lex column of the Financial Times.

The worlds biggest maker of heavy earthmoving equipment is facing a series of problems.

The poor state of farming is one, as is the state of a number of its key markets such as Brazil and Asia.

The column suggests that Caterpillar “might just get away” with a 15% earnings decline but pitfalls could pull earnings lower.

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