Caterpillar (CAT) is among Cowen's best ideas for 2023. Matt Elkott discusses machinery and transportation stocks. He discusses finding opportunities in infrastructure and mining stocks. Some of the stocks he highlights include Deere & Co. (DE), Greenbrier (GBX), and Cummins (CMI). He also talks about how the view on fossil fuels and the markets have changed and how this impacts machinery and transportation stocks. Tune in to find out more about the stock market today.
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