Today's Big 3 focuses on companies building physical and digital infrastructure. Caterpillar (CAT) hit its all-time high after announcing new company technologies, while Apple (AAPL) and Quanta Services (PWR) remained muted this morning.
Caterpillar's stock performs well, despite a challenging macroeconomic environment and manufacturing recession. The company's profitable growth strategy, including expanded offerings and services, positions it well for long-term success, generating significant free cash flow. Despite a slight decline in sales and operating profit in Q2, Caterpillar's robust dividend and share repurchase program make it attractive to investors.
Deere's investors experienced poor returns YTD because of struggles in the farming machinery manufacturing industry. In the meantime, Caterpillar kept soaring and yielding high returns. In this article, I tackle the issue of the valuation gap between Deere and Caterpillar to explain why it is so and what to expect in the next few years.
Caterpillar is rolling back some of its DEI policies following an internal review, with senior leaders required to approve participation in external surveys and speakers.
Caterpillar, Johnson Controls, and Quanta Services will benefit as a lower interest rate helps a rebound in manufacturing-demand growth.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
The Federal Reserve finally acted and the markets are rejoicing.
Caterpillar's Dynamic Energy Transfer system can transfer energy to large trucks on mining sites, even during motion, boosting machine uptime and efficiency.
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
In the closing of the recent trading day, Caterpillar (CAT) stood at $347.96, denoting a +0.77% change from the preceding trading day.
Bill Gates is among the most well-known and closely-followed businessmen in the world.
Caterpillar has paid and raised its dividend for 31 consecutive years. Alphabet's newly issued dividend is structured for future increases.