Two Dow components, Boeing and Caterpillar, released earnings today. What are they saying about the economy and what's next for the stock?
It's a tale of two components.
Caterpillar and Boeing, two Dow Jones Industrial Average components, both reported their third-quarter earnings on Wednesday. Boeing beat Wall Street estimates and its shares are now at all-time highs. But Caterpillar's shares are taking a hit after disappointing analysts.
What are they saying about the economy and what's next for the stock?
On CNBC's Street Signs' Talking Numbers segment, First Asset Investment Management portfolio manager John Stephenson looks at the fundamentals of the two companies. Talking Numbers contributor Richard Ross, Global Technical Strategist at Auerbach Grayson, looks at the charts of both Boeing and Caterpillar.
Which one, if any, is the one to buy? Watch the video above to see what the fundamentals and technicals say about the two stocks.
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