Friday, March 4, 2016

Another CAT call

Caterpillar was a 2015 Dividend Machine.  In fact, I was so enamored with CAT's fundamentals that I profiled it twice in 2015.   Cost basis for those buys are $79.94 on March 9, 2015 and $85.30 on June 29, 2015. 

Clearly the 2015 portfolio has suffered and CAT is one of the reasons.    However, I believe it will claw back to life.  Headwinds such as the strong dollar and global contraction make predicting when that will occur a total guessing game. 

In between waiting to get back to better revenue and EPS growth, I see opportunities to make income.  For instance, look at this call that I sold today.

M* TheMoneyMadam