Should You Buy Caterpillar Stock At $200 Levels?

Caterpillar recently reported its Q2 results, which were largely in-line with the Trefis estimates. The company reported sales of $12.9 billion, up 29% y-o-y, and it was comfortably above our forecast of 12.1 Bil and 12.6 Bil consensus estimates. The sales growth was visible across all the segments.