Caterpillar(CAT)
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3 Dow Stocks to Buy Now: Q2 Edition
InvestorPlace· 2024-04-16 19:17
Let’s be real – the narrative for Dow stocks to buy now tends to be one of relative safety. What are the chances that the 30 companies of the Dow Jones Industrial Average will be the most exciting ideas of any given year? I’d say quite low.However, circumstances can always change, as we’ve seen in the geopolitical environment. Following Iran launching missiles against Israel in retaliation for allegedly bombing its embassy in Syria, the world is on edge regarding Israel’s likely response. What adds to the c ...
Caterpillar: A Good Business At An Awful Price
Seeking Alpha· 2024-04-16 09:21
MikeyGen73 Growth prospects The chart below shows how uninspiring Caterpillar's (NYSE:CAT) earnings growth is in the next 3 years according to analysts' expectations. As seen, its EPS is projected to grow at a compound annual growth rate ("CAGR") of 3.3% between FY 2024 and FY 2026. This translates to an EPS of $21.2 in 2024 to 23.36 in 2026. Then in 2027, a sizable decline is expected to bring its EPS back to $17.16. Seeking Alpha I may not completely share the above consensus view (my growth projections a ...
7 Must-Buy Stocks Whenever the Market Falters
InvestorPlace· 2024-04-12 12:07
The stock market has enjoyed a good run to start the year. The S&P 500 and Nasdaq Composite are both up by roughly 10% year-to-date. However, these indices are likely to face resistance soon.Stocks don’t continue to march up higher. They will face resistance and go through corrections. A correction occurs when a stock, index, or fund loses at least 10% of its value from its peak. Assets only exit their corrections after claiming fresh all-time highs.Corrections and market downturns can feel intimidating whe ...
Caterpillar (CAT) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-04-11 22:51
Caterpillar (CAT) closed the most recent trading day at $371.98, moving -0.02% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.74%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq added 1.68%.The construction equipment company's stock has climbed by 8.95% in the past month, exceeding the Industrial Products sector's gain of 3.51% and the S&P 500's gain of 0.8%.The investment community will be paying close attention to the earnings performance of C ...
Caterpillar Inc. to Announce First-Quarter 2024 Financial Results on April 25
Prnewswire· 2024-04-11 13:05
IRVING, Texas, April 11, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release first-quarter 2024 financial results at 5:30 a.m. CDT on Thursday, April 25. The full text of the release will be available at investors.caterpillar.com/financials/quarterly-results or on PR Newswire at approximately 5:30 a.m. CDT. The release will be furnished to the U.S. Securities and Exchange Commission (SEC) via a Current Report on Form 8-K in compliance with applicable SEC rules. Teleconference and webcast access:A ...
Caterpillar Inc. Maintains Dividend
Prnewswire· 2024-04-10 13:34
IRVING, Texas, April 10, 2024 /PRNewswire/ -- The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to maintain the quarterly dividend of one dollar and thirty cents ($1.30) per share of common stock, payable May 20, 2024, to shareholders of record at the close of business on April 22, 2024. Caterpillar has paid a cash dividend every year since the company was formed and has paid a quarterly dividend since 1933. Caterpillar has paid higher annual dividends to shareholders for 30 consecutive yea ...
52-Week High Danger Zone: 3 Stocks to Sell Before the Bubble Bursts
InvestorPlace· 2024-04-08 20:05
“Let your winners run.” That’s the advice I gave two months ago in arguing for investors to not take profits on winning investments even if they seem like overvalued stocks. Doing so undercuts your portfolio’s returns. I stand by that advice. But as they also say, never say never.By and large I am a buy-and-hold investor. I’m willing to let languishing stocks languish (ask me about my Warner Bro Discovery (NASDAQ:WBD) investment!) while letting more successful investments like Exxon Mobil (NYSE:XOM) keep gr ...
Why Caterpillar Stock Is Up Today
The Motley Fool· 2024-04-05 18:40
Progress Rail Services is going to Canada.An effort by Caterpillar (CAT 2.79%) to help the railroad industry stem its emissions got a boost Friday, and its stock price is going along for the ride. Shares of the heavy equipment manufacturer were up by 3% as of 2 p.m. ET after Canadian National Railway (CNI 0.39%) announced the purchase of its first hybrid mainline locomotive.Charging into a new marketCaterpillar is best known for its massive construction and mining machines, but for nearly a decade, it has a ...
Are You Looking for a Top Momentum Pick? Why Caterpillar (CAT) is a Great Choice
Zacks Investment Research· 2024-04-05 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Caterpillar (CAT) is an Incredible Growth Stock: 3 Reasons Why
Zacks Investment Research· 2024-04-02 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...