BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Caterpillar is poised to break out]]>http://www.bloggingstocks.com/2009/08/12/caterpillar-is-poised-to-break-out/http://www.bloggingstocks.com/2009/08/12/caterpillar-is-poised-to-break-out/http://www.bloggingstocks.com/2009/08/12/caterpillar-is-poised-to-break-out/#commentsFiled under: ,

I'm reiterating my Buy rating for Caterpillar (NYSE: CAT), first recommended on April 13, 2009 at a price of $33.02. If you purchased CAT at that time, you're up a solid 41%.

Back in April, I put CAT in the not-for-the-squeamish category, due to the uncertain timetable for the U.S./global recoveries: the upside was always there, but so was the potential for a 30% hair cut.

Continue reading Caterpillar is poised to break out

Caterpillar is poised to break out originally appeared on BloggingStocks on Wed, 12 Aug 2009 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>agriculture equipmentAgricultureEquipmentcaterpillarconstructionrecovery stocksRecoveryStocksWed, 12 Aug 2009 16:20:00 EST<![CDATA[On the block: Ritchie Brothers Auctioneers (RBA)]]>http://www.bloggingstocks.com/2008/07/07/on-the-block-ritchie-brothers-auctioneers-rba/http://www.bloggingstocks.com/2008/07/07/on-the-block-ritchie-brothers-auctioneers-rba/http://www.bloggingstocks.com/2008/07/07/on-the-block-ritchie-brothers-auctioneers-rba/#commentsFiled under: , , , ,

"The agriculture, mining and oil and gas businesses are booming globally, and mining firms have been plagued by a lack of available earth-moving and subsurface mining equipment," notes Paul Tracy.

To benefit from this trend, the editor of The StreetAuthority Market Advisor recommends Ritchie Brothers Auctioneers (NYSE: RBA), the "largest auctioneer of used industrial and agricultural equipment in the world."

"The prices of wheat, soybeans, corn and other basic food commodities are surging to new multi-year highs. There are two main drivers of this trend: rising consumption of agricultural commodities in emerging markets and increased consumption of crops for biofuels production.

"The developing world is also driving demand for petroleum products and other raw materials. A building boom in China, for example, is driving demand for steel, copper and aluminum used in building construction.

"One problem holding back these industries in recent years is a shortage of equipment. Mining firms have been plagued by a lack of available earth-moving and subsurface mining equipment. And agricultural products producers need tractors, combines and other equipment that are in short supply globally to efficiently run their farms.

Continue reading On the block: Ritchie Brothers Auctioneers (RBA)

On the block: Ritchie Brothers Auctioneers (RBA) originally appeared on BloggingStocks on Mon, 07 Jul 2008 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>agriculture equipmentAgricultureEquipmentauctioneersearth moving equipmentEarthMovingEquipmentfarmingindustrial equipmentIndustrialEquipmentminingmining equipmentMiningEquipmentpaul trachPaulTrachrbaritchie brothers auctioneersstreetauthority market advisorStreetauthorityMarketAdvisorthestockadvisors.comMon, 07 Jul 2008 13:40:00 EST<![CDATA[CNH Global (CNH) makes a strong 'Case' for its products]]>http://www.bloggingstocks.com/2007/10/30/cnh-global-cnh-makes-a-strong-case-for-its-products/http://www.bloggingstocks.com/2007/10/30/cnh-global-cnh-makes-a-strong-case-for-its-products/http://www.bloggingstocks.com/2007/10/30/cnh-global-cnh-makes-a-strong-case-for-its-products/#commentsFiled under: , , ,

With the markets in a choppy/consolidation mode (or perhaps worse), it's best to consider including a few defensive stocks in your portfolio. CNH [Case New Holland] Global (NYSE: CNH) is worth an evaluation.

CNH is the second biggest manufacturer of agricultural equipment behind Deere (NYSE: DE), and also is a major manufacturer of construction equipment.

Like Deere, CNH is riding the global agricultural wave: emerging market development is increasing demand for agricultural products as food and as energy. (Example: corn for ethanol.)

Further, CNH has established brands in Case and New Holland, a reliable distribution network, and demonstrated marketing proficiency. Further, continued, strong demand for agriculture and construction equipment in Latin America represents a solid revenue tailwind.

The downside points? Above-average debt and a slowing domestic (Europe) market for Amsterdam-based CNH are on analysts' radar screens, but those are not large enough to offset the company's solid operational prospects, moving forward.

(Note: Technical analysis agnostics stop reading here; all others continue.)

Technically, CNH's chart looks good. The stock's only serious breach of its 50-day moving average occurred during the August 2007 market sell-off, and CNH has been above its 200-day moving average for about a year.

Stock Analysis: CNH Global is a moderate-risk stock not suitable for low-risk investors. With a p/e of 30, CNH is selling for an above-average price, hence investors should wait for a pull-back to $58-$60 before purchasing shares, if the market presents the opportunity. Sell / Stop Loss: $39.

CNH Global (CNH) makes a strong 'Case' for its products originally appeared on BloggingStocks on Tue, 30 Oct 2007 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>agricultureagriculture equipmentCNHGlobalconstructionconstruction equipmentDeereemerging marketsTue, 30 Oct 2007 16:30:00 EST