In the following video, Blake Bos describes the important opportunities for Caterpillar in today's market.
- With the acquisition of Bucyris, Caterpillar has a dominant position in the mining equipment market. Look for growing earnings from this segment as integration goes forward.
- While the recovering American economy is giving earnings a short-term boost, growth in international markets such as China and India will be important for Caterpillar's long-term prospects.
- Caterpillar has a competitive advantage in its dealer, parts, and logistics services, which contributed roughly half of all of the company's revenues and should continue to make important contributions to the company's ongoing financial success.
Check out the video for more details.