Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Caterpillar Inc (NYSE: CAT) manufactures heavy equipment that builds the world's infrastructure.
In the closing of the recent trading day, Caterpillar (CAT) stood at $629.77, denoting a +1.97% move from the preceding trading day.
Caterpillar (CAT) shares rose 58% over the past year. Tariffs curbing cheap Chinese imports boosted domestic demand for Caterpillar equipment. General Motors (GM) stock climbed 53% over the past year. A 25% duty on imported trucks shielded GM models like the Chevrolet Silverado.
Caterpillar Inc. (CAT) Presents at CES Las Vegas Prepared Remarks Transcript
Caterpillar is diving deeper into incorporating AI and automation into its fleet of construction machinery through a partnership with semiconductor giant Nvidia.
Caterpillar (CAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Caterpillar Chief Executive Officer Joe Creed, who joined the company in 1997, succeeds D. James Umpleby III who will retire effective April 1.
In the closing of the recent trading day, Caterpillar (CAT) stood at $616.1, denoting a +2.96% move from the preceding trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Caterpillar delivered a 69% YoY return, outperforming the DJIA, SPY, and XLI, driven by data center infrastructure demand. I downgrade CAT to "Hold," as the stock now trades near intrinsic value and technicals suggest a consolidation phase ahead of Q4 earnings. CAT's Energy & Transportation segment led growth, with a $2.4 billion backlog increase and robust power-generation sales for AI-driven data center buildouts.
EL, CAT and SPGI use strong moats to fend off rivals and deliver consistent returns amid market shifts.