Staying on the Sidelines


Chris Laudani

 | Aug 21, 2014 | 11:00 AM EDT
  • Comment
  • Print Print
  • Print

Caterpillar (CAT) shares are trading just 4 points from the stock's 52-week high, but the company's sales are a total disaster. The stock is short-seller favorite, but it has outperformed the S&P 500 and is up almost 20% year to date. What the heck is going on?

Going into the second quarter, investors were excited. The stock was up 35% from the December lows and analysts were expecting a strong quarter. Then, on July 24, the excitement turned to horror as the company missed on revenue and management slashed forward guidance. Investor reaction was immediate. The stock fell almost 10% as investors dumped their shares....614 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money trading floor.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. Staffed with nearly 3 dozen investing pros, money managers, journalists and analysts, Real Money gives you a flood of opinions, analysis and trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please Login
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.