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 ...

Avalon_Studio/E+ via Getty ImagesBusiness Overview/Investment Thesis Caterpillar is a leading company within the industrial equipment/manufacturing space. Caterpillar is the world's largest manufacturer of heavy equipment and holds 16.3% of total global market share. $CAT Total Global Market Share (Per Statista) $CAT Global Market Share (Statista) The investment thesis around Caterpillar has three components: 1/ Caterpillar should benefit as the United States continues to invest in revitalizing its infr ...

Caterpillar (CAT -1.50%) just delivered one of the best earnings reports in the industrial sector this earnings season. As the chart below demonstrates, its stock price continues to rise. However, the question now is what will make the stock a buy for investors. Here's what you need to know.Three things to make Caterpillar a buyThere are three key answers to this question, and I will flesh them out below:A lower stock price because Caterpillar's valuation is starting to look stretched.An improvement in earn ...

Caterpillar (CAT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this construction equipment company have returned +10.3%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Manufacturing - Construction and Mining industry, which Caterpillar falls in, has gained 10.6%. The key question now is: What ...

Investors are back to looking at value stocks as many see high-flying growth as a bubble poised to burst. Even index investors focused on benchmarks like the S&P 500 are increasingly wary of the risks associated with a handful of stocks carrying the rest. That’s why value stocks represent a dual benefit: they help diversify away tech and growth risk, and, as the name implies, many are on-sale value buys since they’ve gone overlooked for so long.Of course, value traps abound when looking at value stocks. Tha ...

Key PointsCaterpillar hit a peak and may correct to lower levels, but this is a buy-the-dip opportunity. Strength in critical segments and end-market normalization in others sets the business up for growth later in the year.Analysts favor the stock and support the price action; the new high target was set after the release and would be a new all-time high. 5 stocks we like better than CaterpillarCaterpillar NYSE: CAT stock surged more than 5% following its Q4 release, extending the 2023 rally to 100% and th ...

Caterpillar Inc. (CAT) reported adjusted earnings per share of $5.23 in the fourth quarter of 2023, which beat the Zacks Consensus Estimate of $4.75 by a margin of 10%. The bottom-line figure marked a 35.5% year-over-year improvement.Favorable price realization and manufacturing costs, largely reflecting lower freight and improved performance in the Energy & Transportation segments, mainly led to the improvement in CAT’s earnings for the quarter. While the Construction Industries segment reported higher sal ...

Caterpillar Inc. (NYSE:CAT) Q4 2023 Earnings Call Transcript February 5, 2024 8:30 AM ET Company Participants Ryan Fiedler - VP of IR Jim Umpleby - Chairman and CEO Andrew Bonfield - CFO Conference Call Participants Rob Wertheimer - Melius Research Michael Feniger - Bank of America Tami Zakaria - JPMorgan David Raso - Evercore ISI Nicole DeBlase - Deutsche Bank Mig Dobre - Baird Jerry Revich - Goldman Sachs Angel Castillo - Morgan Stanley Chad Dillard - Bernstein Steve Volkmann - Jefferies Kristen Owen - Op ...

Key TakeawaysCaterpillar reported fourth-quarter adjusted earnings per share of $5.23, well ahead of Wall Street's expectations for $4.75.Revenue in the quarter increased 3% to $17.1 billion, led by a 12% increase in the company's energy and transportation business.The company expects Q1 revenue to be broadly similar to what was posted in the first three months of 2023.Company shares rose as high as $334.87 early Monday, an all-time intraday high.Shares in Caterpillar (CAT) hit fresh all-time highs in early ...

We enter a new week with the feeling that something like a storm has just passed: the last week of trading brought us a slew of monthly and weekly jobs numbers, as well as a majority on the “Magnificent 7” stocks having reported quarterly earnings. (For a little perspective here, Zacks Director of Research Sheraz Mian recently commented that without the “Mag 7,” calendar Q4 earnings growth would be negative thus far. And this is with only six of these seven companies having yet reported; NVIDIA [(NVDA) ] is ...