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Oakmark’s Bill Nygren sold Caterpillar shares: here’s why

Oakmark's Bill Nygren sold Caterpillar shares: here's why

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Caterpillar Inc (NYSE: CAT) reported market-beating quarterly results last Friday. On a year-over-year basis, the construction and mining equipment company noted a 28.9% growth in revenue and a massive 200% increase in net profit.

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