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 ...

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 ...

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 ...

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 ...

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 ...

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%, ...

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 ...

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 ...

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 ...

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 ...