Caterpillar (CAT) Earnings Preview & Top Industrial Stock Picks

Oppenheimer has a perform rating on CAT with no price target. Steve Volkmann and Kristen Owen preview Caterpillar's (CAT) earnings. They talk about how CAT's 4Q earnings estimates came in at $3.95 for adjusted EPS and $15.89 in revenue. They then go over the macroeconomic factors that will impact CAT. They also note that Oppenheimer top industrial picks include Bently Systems (BSY), CNH Industrial (CNHI), Johnson Controls (JCI). Finally, they mention the outlook for industrial stocks. Tune in to find out more about the stock market today.