I know the old industrials may not be the most favored group of stocks around here, but Caterpillar seems intriguing. It has a solid dividend and only trades at 15 times earnings. There is a definite need for infrastructure investment in the US over the coming decade. Also a lot of their equipment will be needed for mining needed resources needed in EVs. Sure they have a lot of short term headwinds with china and the supply chain but these should pass in the next few quarters. Would you invest?
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