Caterpillar(CAT)
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Are Industrial Products Stocks Lagging Caterpillar (CAT) This Year?
Zacks Investment Research· 2024-04-02 14:46
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Caterpillar (CAT) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Caterpillar is one of 222 individual stocks in the Industrial Products sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring ...
Caterpillar Inc. (CAT) Hit a 52 Week High, Can the Run Continue?
Zacks Investment Research· 2024-04-02 14:16
Have you been paying attention to shares of Caterpillar (CAT) ? Shares have been on the move with the stock up 7.4% over the past month. The stock hit a new 52-week high of $367.93 in the previous session. Caterpillar has gained 23% since the start of the year compared to the 11.8% move for the Zacks Industrial Products sector and the 22.5% return for the Zacks Manufacturing - Construction and Mining industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises ...
Why Caterpillar (CAT) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-01 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Caterpillar (CAT) . This company, which is in the Zacks Manufacturing - Construction and Mining industry, shows potential for another earnings beat.When looking at the last two reports, this construction equipment company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 13.04%, ...
Caterpillar: Buy, Sell, or Hold?
The Motley Fool· 2024-03-24 05:05
Blue chip powerhouse Caterpillar (CAT -1.77%) boasts a 29-year track record of increasing dividend payouts, a testament to its robust business and cash management. Today, the stock is trading near all-time highs after a strong year.However, its strong performance also means the stock trades near a high valuation. With the stock near its peak, is this still a good buying opportunity today? Let's delve deeper to understand the business before deciding if Caterpillar belongs in your portfolio.Caterpillar is a ...
Wall Street's Favorite Long-Term Stocks? 3 Names That Could Make You Filthy Rich
InvestorPlace· 2024-03-22 02:14
The S&P 500 is up almost 10% this year, as a dovish Fed and tech sector enthusiasm brighten the outlook for all stocks, including some of the favorite long-term stocks that have been ignored amidst the growth stock rally.The stocks picked on this list are all dividend payers. Two stocks are Dividend Kings, and one is a Dividend Aristocrat. There are very few stocks in the world that can boast these dividend credentials. Plus all three are diversified legacy companies, which means less volatility and risk. E ...
3 Industrial Stocks Leading the Way in This ETF Breakout
MarketBeat· 2024-03-21 10:13
Key PointsIndustrial stocks have been leading the way lately; macroeconomic trends identified by Wall Street justify a higher ceiling ahead.Three stocks are at the top of the list, all riding the same trend in their own way.Analysts love them, and institutions keep buying them through price target boosts.5 stocks we like better than JPMorgan Chase & Co.Hopping on the next market trend is easier said than done. However, there is one simple and logical way to find the next winning sector in the market. By tra ...
Here is What to Know Beyond Why Caterpillar Inc. (CAT) is a Trending Stock
Zacks Investment Research· 2024-03-18 14:05
Caterpillar (CAT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this construction equipment company have returned +7.8% over the past month versus the Zacks S&P 500 composite's +1.8% change. The Zacks Manufacturing - Construction and Mining industry, to which Caterpillar belongs, has gained 7.3% over this period. Now the key question is: Where could the stock be head ...
Caterpillar Stock Has 14% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-03-14 20:03
After a 51% rise in the stock price over the last year, Caterpillar (CAT 0.01%) investors have had a great year. However, management's guidance and Wall Street's analyst consensus suggest it may be about to pass a cyclical peak in earnings and cash flow.Wall Street estimates and cyclical upsidesFor example, the Wall Street consensus calls for Caterpillar's sales to grow by less than 1% in 2024 and its earnings per share to be $21.27 compared to $21.21 in 2023. Those kinds of estimates usually spell trouble ...
Caterpillar: A Free Cash Flow Focus With Growth Through The Out-Year
Seeking Alpha· 2024-03-14 18:46
AleMasche72 Remember that little old regional banking crisis in March 2023? The S&P 500 bottomed out precisely a year ago as of this writing. March 13th of last year was a period of systemic problems across cyclical areas of the market. While banks were the focus, many Industrials sector firms were seen as susceptible to a global economic slowdown, too. Alas, the crisis was short-lived, and the SPX has returned 36% in the last 52 weeks. Among the outperformers over the past 12 months has been Caterpilla ...
Billionaire Bill Gates Has Over Half of His $42 Billion Portfolio Invested in These 3 Dividend Stocks
The Motley Fool· 2024-03-10 18:50
Do billionaires like dividend stocks? Absolutely. Just take a look at the holdings of famous billionaire investors such as Warren Buffett and Ken Griffin. They're loaded with dividend stocks.Bill Gates stands out as another great example. Although he doesn't manage a public company or hedge fund like Buffett and Griffin do, he's donated a boatload of money to the Bill & Melinda Gates Foundation Trust. And over half of this charitable foundation's $42 billion portfolio is invested in these three dividend sto ...