“The biggest thing that has allowed the company to outperform not only in November, but over the last couple months, is that the company has followed a trend in many of the industrial stocks, which is to go more towards emerging and developing markets,” Rayle told CNBC.
Rayle added that Caterpillar’s outperformance could also be attributed to the firm’s acquisition of Bucyrus International.
Boeing's “787 [Dreamliner]—that’s why the stocks have held off,” Hamilton said. “So there’s a little bit of uncertainty surrounding [the stock].”
Going forward, however, Hamilton said Boeing stock is a "great buy."
Scorecard—What They Said:
- Hamilton's Previous Appearance on CNBC (Nov. 18, 2010)
- Rayle's Previous Appearance on CNBC (Aug. 20, 2010)
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Rayle does not own shares of CAT. Hamilton does not own shares of BA.