Caterpillar (CAT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Buybacks can provide a nice confidence boost for investors, indicating that the company is utilizing excess cash and can help put in a floor for shares.
Citi analyst Kyle Menges launched coverage of several U.S. machinery stocks. He has a Buy rating on Caterpillar stock, and a Hold rating on Deere's.
Seeing Machines Limited (AIM: SEE) has signed a new master licence and marketing agreement with global mining equipment giant Caterpillar Inc (NYSE:CAT, ETR:CAT1), securing a $16.5 million upfront payment. This renews a previous deal for the company's in-cab Guardian driver monitoring tech set to expire in August and extends the collaboration between the two companies for another five years.
Norway's largest pension fund KLP said on Wednesday it will no longer invest in Caterpillar Inc because of risk that equipment sold by the U.S. group to Israel is used to demolish Palestinian homes and infrastructure, including in the Gaza war.
Dividend stocks have historically outperformed non-dividend payers. Companies with a long history of raising dividend payouts have sound businesses with solid capital management.
In the most recent trading session, Caterpillar (CAT) closed at $330, indicating a +0.66% shift from the previous trading day.
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In the most recent trading session, Caterpillar (CAT) closed at $325.14, indicating a +0.85% shift from the previous trading day.
Caterpillar (CAT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Caterpillar has a growth opportunity from the energy transition and the growth of its services revenue. Infrastructure spending and mining capital investment are vital drivers for Caterpillar's end demand.