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Can Caterpillar's $72B Backlog Save Its Stock From a 10% Slump?

Source: 247wallst.com

Corporate EarningsCompany Fundamentals
Can Caterpillar's $72B Backlog Save Its Stock From a 10% Slump?

Caterpillar is scheduled to report third-quarter results before the market opens on October 29. Its shares have fallen 15.4% over the past month, while a record backlog is cited as the bull case; the article provides no earnings figures or guidance.

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