Heavy equipment maker Caterpillar, Inc. (CAT) looks to have managed through a tough period and is poised for future wins.
In the latest trading session, Caterpillar (CAT) closed at $392.39, marking a +0.32% move from the previous day.
Caterpillar is breaking records in sales and profitability metrics.
Caterpillar (CAT) shares rose more than 3% to a record high Thursday as reports of fresh Chinese stimulus efforts drove a wider market rally.
The latest trading day saw Caterpillar (CAT) settling at $378.25, representing a -1.99% change from its previous close.
Zacks.com users have recently been watching Caterpillar (CAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Caterpillar Inc. NYSE: CAT is the leading manufacturer of heavy machinery, equipment, and vehicles for construction and mining. It operates in the industrial products sector, competing with heavy machinery makers Deer & Co. NYSE: DE, CNH Industrial N.V.
Jerry Castellini, CastleArk Management president and CIO, joins CNBC's 'Power Lunch' to discuss three stocks: Caterpillar, Las Vegas Sands, and Estee Lauder.
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.