CAT Rips Higher on Capacity Bet
Caterpillar is rallying violently on news of a $1B North Carolina manufacturing expansion, a capacity bet that signals confidence in equipment demand, with volume staying normal which suggests conviction rather than a crowded trade unwinding.
Sources: https://www.equipmentfa.com/news/42019/caterpillar-to-invest-1b-in-north-carolina-to-expand-cat-compact-man
Sources
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