Key PointsYou can see the writing on the wall pointing to what could be coming soon for construction stocks, particularly those enabling the infrastructure and energy industry to build itself out. Analysts at Goldman see a manufacturing boom, where MasTec stock will likely be called upon to help accommodate rising demand.Analysts know this and are currently screaming at you via their price targets and EPS projections.5 stocks we like better than NVIDIAAs everyone focuses on technology stocks and artificial ...

One Wall Street analyst is calling the top on heavy equipment makers, and investors are heeding the call. Shares of Caterpillar (CAT -2.22%) traded down about 3% on Tuesday afternoon after the stock was downgraded to in line from outperform.Souring on the sector after a nice run higherCaterpillar makes big, expensive machines used in construction, infrastructure development, and mining. Its products are ubiquitous and essential to the global economy, but sales tend to surge and fall along with current econo ...

Evercore ISI downgraded the machinery sector this morning, including blue-chip giant  Caterpillar Inc (NYSE:CAT), which it cut to "in line" from "outperform." The firm cited the stocks' high valuation after a period of outperformance over the past two years, and raised CAT's price target to $338 from $321. At last glance, Caterpillar stock was down 1.9% at $315.87. The stock hit a Feb. 5 post-earnings record high of $334.87, and is starting the week fresh off four-straight weekly gains. Since last February, ...

Investors might not be thinking of certain stocks and could miss some interesting names that look to be on the upswing after underperforming during the current bull run that began in spring 2023. These sleeper stocks appear to have finally turned a corner, bounced off their bottom and are trending higher thanks to positive catalysts, including strong financial results, positive forward guidance, stock buybacks and dividend payments. These are the stocks that analysts are furiously rerating as we move throug ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 1-768 CATERPILLAR INC. (Exact name of Registrant as specified in its charter) Delaware 37-0602744 (State or other jurisdiction of incorpor ...

There are no prizes for guessing the main reason for the 3% decline in Caterpillar's (CAT -2.73%) share price to late afternoon today. Higher-than-expected inflation data dampened hopes for an early interest rate cut, and that's not good news for highly cyclical stocks like Caterpillar.Caterpillar's cyclicityThe company is often seen as highly sensitive to the economy due to its exposure to construction (an activity that decreases as the cost of borrowing rises), mining (industrial metals rely on the econom ...

As of last November, the Biden administration had disbursed $306 billion of the more than $850 billion in Infrastructure Investment and Jobs Act funds. Moreover, the think tank reported, “80% of all competitive funding (was) still left to be awarded.” Nonetheless, Caterpillar’s (NYSE:CAT) impressive fourth-quarter results, reported on Feb. 5, indicate that infrastructure stocks can benefit from Washington’s infrastructure spending spree. Also importantly, the price-earnings ratios of many firms in the secto ...

25 March 2022, Mecklenburg-Western Pomerania, Rostock: Caterpillar's marine engine plant. Photo: ... [+] Bernd Wüstneck/dpa-Zentralbild/ZB (Photo by Bernd Wüstneck/picture alliance via Getty Images)dpa/picture alliance via Getty ImagesCaterpillar CAT (NYSE: CAT) recently reported its Q4 results, with revenues falling marginally short but earnings beating the street estimates. There are near-term concerns for the company with volume as well as order backlog shrinking. We believe that CAT stock is now fully v ...

Photographer: Michael Nagle/Bloomberg© 2023 Bloomberg Finance LPThe next week is options expiration (OPEX) week which has been bearish in the month of February. This suggests a pullback next week. Sentiment is becoming a bit too bullish, and divergences are appearing. However, there have been a number of positive momentum developments that have been overriding bearish signals. One of positive seasonal development is the bullish effect of the week before the President’s Day holiday. The bullish evidence out ...

AleMasche72 Introduction The industrial sector presents a unique landscape for investors, marked by its inherent cyclicality and sensitivity to the broader economic environment. This sector's performance is closely tied to economic expansion and contraction trends, making it more resilient and adaptable. Companies that navigate these cycles effectively stand out within such a context, demonstrating solid operational capabilities, strategic planning, and financial robustness. These attributes make certain pl ...