10 Best Stocks for 2012: The Results Are In

Find out how our experts' picks fared in last year's contest

      View All  
10 Best Stocks for 2012: The Results Are In

trans 10 Best Stocks for 2012: The Results Are InNo. 8: Caterpillar

CAT 10 Best Stocks for 2012: The Results Are InQ4 Return: 5%
Total Return: 2%
InvestorDan Burrows

Caterpillar (NYSE:CAT) was the third-to-worst pick heading into the fourth quarter and remains there now that the final three months have come and gone. The construction equipment maker had a tough year in the wake of the global slowdown.

Dan Burrows remains as bullish as ever on the stock in the long term, but things aren’t looking much brighter for 2013, either. In late October, Caterpillar followed up a disappointing full-year 2012 forecast with news that it expects around the same in 2013.

Heck, the company even made headlines by lowering its 2015 forecast because it expects “fairly anemic and modest growth” until then.

In the end, despite several bright spots throughout the year, CAT is definitely not a Top Stock of 2012  …  and is an underdog for the new year as well.


Article printed from InvestorPlace Media, http://investorplace.com/2013/01/10-best-stocks-for-2012-the-results-are-in/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.