Fast Money 360: Carter Worth And Scott Nations Are Bearish On Caterpillar (CAT)

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Stephen Volkmann said on CNBC's Fast Money 360 that Caterpillar Inc.
CAT
is going to continue to have double digit top line growth in the next couple of years. He believes that this company has a great potential, because of its presence in both emerging and developed markets. Carter Worth is a seller of Caterpillar (
CAT
), because all the good news are already reflected in the price. He added that CAT moved too far too fast from $63 to $80. Scott Nations is also bearish on Caterpillar Inc.
CAT
going into earnings. He noted that Caterpillar's (
CAT
) options are pretty expensive. Caterpillar Inc. (
CAT
) is going to report earnings on October 21st. It dropped 2.11% on Tuesday, and closed at $78.55.
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Posted In: CNBCLong IdeasShort IdeasFast MoneyMediaTrading IdeasConstruction & Farm Machinery & Heavy TrucksIndustrialsStephen Volkmann
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