A Caterpillar 12M Grader on display in Lexington, Kentucky, the US. Picture: BLOOMBERG/LUKE SHARRETT
A Caterpillar 12M Grader on display in Lexington, Kentucky, the US. Picture: BLOOMBERG/LUKE SHARRETT

Kwame Antwi from KOA Capital chose Caterpillar Inc as his stock pick of the day.

Caterpillar is one of the companies that we’ve been looking at recently and is one of those companies that have suffered quite significantly. But we think that it has got good cash on the balance sheet and is very well poised to benefit from the upside.”

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