Bill Gates Owns These 3 Stocks: Should You?
According to its latest 13F filing with the Securities and Exchange Commission, the Bill & Melinda Gates Foundation Trust holds significant positions in Caterpillar (NYSE: CAT), Ecolab (NYSE: ECL), and UPS (NYSE: UPS). Given that Warren Buffett is a trustee of the foundation, it's definitely worth retail investors' time to look at the Trust's portfolio and consider taking some cues from it. Therefore, let's examine those three industrial stocks to see if they're good values to purchase today.
This massive manufacturer of construction, mining, transportation, and energy equipment is definitely in recovery mode in 2021. Its retail sales growth is trending upward and the reduction in dealer inventory of $1.1 billion in the fourth quarter was far better than management's expectations for a decline of $700 million. (Caterpillar sells through independent dealers, so when those dealers' inventories decline significantly, it implies they will start ordering more equipment again soon.)
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Source Fool.com
