December 14, 2012
In the video below, Fool analysts Andrew Tonner and Brendan Byrnes discuss two top industrial stocks, Deere (NYSE: DE ) and Caterpillar (NYSE: CAT ) , and which one might be the better buy.
Brendan says Deere is a little more expensive in terms of PE, but he likes Caterpillar's growth prospects better. The company has a lot of room to expand in China if it can do so wisely.
A rebound for commodity prices, combined with the return of the housing and construction market could both serve as catalysts for Caterpillar. So, while he would not bet against Deere, Brendan likes Caterpillar better in terms of its current value and growth prospects.
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