Joe Terranova's Top 3 Trades

Published Thu, Nov 3 2011 6:03 PM EDTUpdated Fri, Sep 13 2013 4:33 PM EDT

Drew Sandholm

Now is the time to put some trades on and be in the marketplace, trader Joe Terranova said Thursday. Following are his top trades:

Caterpillar : During the company's earnings conference call last week, CEO Douglas Olberhelman said its global story remains intact. Its mining equipment business, in particular, is doing well. Terranova is bullish on the farming and mining equipment maker, as well as the mining business in general.

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