Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Two weeks following a rally inspired by Caterpillar's
So what: Investors can thank Deere
Now what: Skeptics will rightly point out that RSC merely rents equipment made and sold by Deere and Caterpillar. But increasing sales at both companies suggests overall demand for heavy equipment, which in turn should be good news for renters. Do you agree? Would you buy shares of RSC Holdings at current prices? Please weigh in using the comments box below.
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