The upcoming third quarter isn't likely to be a vintage one for Caterpillar (NYSE: CAT). The company's headwinds have been growing, and a combination of industry dynamics and macroeconomic difficulties threatens its near-term outlook. Let's take a look ahead at why it's set to be a tricky period for the company.
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It's clear that the construction segment of the business is the largest profit generator, but the change in profit -- the key swing factor in determining the stock's prospects -- was pretty much split among the three equipment segments in 2018.