Caterpillar stock is a top pick on my watch list, but I haven't purchased it yet. Many of Caterpillar's peers are painting a picture concerning investors. Caterpillar's Q2 report is delicate and could lead to high volatility if the company fails to meet high expectations.
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The U.S. desperately needs better infrastructure, which, if addressed soon, could create a massive boom in infrastructure stocks. Right now, we're in bad shape.
Caterpillar's (CAT) Q2 results are likely to reflect the impacts of a y/y decline in volumes, which is expected to have been partially offset by favorable price realization and manufacturing costs.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Caterpillar (CAT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
If all the major news agencies have their fingers on the pulse of monetary policy, it's coming – interest rate cuts, that is. According to The Wall Street Journal, Federal Reserve officials will meet soon to discuss a potential September reduction in the benchmark interest rate.
Caterpillar (CAT) reachead $341.72 at the closing of the latest trading day, reflecting a -0.82% change compared to its last close.
Caterpillar (CAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.
With multiple interest rate cuts on the horizon, now's the time to rotate back into infrastructure stocks. Low borrowing costs following rate reductions foster a positive financial landscape for funding expansive infrastructure projects.
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On July 18, Bespoke data revealed a shift in the S&P 500: while the top ten stocks fell 5.6%, the remaining 490 rose 3.7%, highlighting a market-broadening trend. Caterpillar stands out, boasting improved profitability, steady service revenue, and strategic tech integrations. Its diverse market exposure bolsters resilience. Despite global challenges, CAT's robust free cash flow, consistent dividend growth, and strong dealer network make it a solid investment. I remain bullish on its long-term prospects.