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Caterpillar shares 'back on track' for price gains, Barron's says
Caterpillar is "reasonably priced" given signs of recovery in its end markets, and the stock looks "back on track" for price gains, Barron's contends in a cover story. The publication argues that "perhaps no company in the U.S. is better positioned for the president's policy wish list," adding that expectations for EPS doubling by 2020 are "starting to look conservative.