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Strong Revenue Trends And Better Prospects Make Caterpillar Stock A Good Pick
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Despite its comparatively higher valuation, we think Caterpillar stock is currently a better pick than Cummins stock. CAT stock is trading at 2.3x trailing revenues compared to 1.1x for CMI stock. Although both the companies have seen a rise in revenue over the recent past, Caterpillar has fared...
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