October 13, 2008

Values in Industrial Stocks

Seeking Alpha has an article that discusses two stocks that appear to be undervalued: Caterpillar and Deere. From the article:

"Citigroup analyst David Raso set a price target of $65 for Deere (currently at $38) and $72 for Caterpillar (currently at $43)."

Both stocks also pay a dividend, which at least for the moment appear to be safe.

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