Why Caterpillar's Q3 Earnings Beat Was Just the Start of the Good News

In this Market Foolery podcast segment, host Chris Hill is joined by Motley Fool investor at large Tim Hanson to talk about construction equipment stalwart Caterpillar (NYSE: CAT), which turned in a strong earnings report and raised guidance again. After a dismal five years or so, U.S. housing is booming, and some of its investments are finally paying off. This Dow stock is up around 50% this year. So how is the valuation today?

A full transcript follows the video.

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Source: Fool.com