Caterpillar(CAT)

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These 2 Industrial Products Stocks Could Beat Earnings: Why They Should Be on Your Radar
Zacks Investment Research· 2024-01-19 14:51
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.The ability to identify stocks that are likely to top ...
Caterpillar Demonstrates Viability of Using Hydrogen Fuel Cell Technology for Backup Power at Microsoft Data Center
Prnewswire· 2024-01-19 13:30
Demonstration marks significant progress toward providing data centers with reliable and sustainable backup power with hydrogen technology IRVING, Texas, Jan. 19, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced the success of its collaboration with Microsoft and Ballard Power Systems to demonstrate the viability of using large-format hydrogen fuel cells to supply reliable and sustainable backup power for data centers. The demonstration provided valuable insights into the capabilities of fuel cel ...
3 Stocks aiming at a sudden rally on a weaker dollar
MarketBeat· 2024-01-17 12:55
Key PointsThe FED's potential rate cuts for 2024 could drive the dollar index lower; this is what could happen if that's the case. Following this macro strategy around exports from the U.S. could lead you to focus on these machinery stocks.Analysts are justifying a potential rally in their targets because they are strong in their brand penetration and defensive nature.5 stocks we like better than CaterpillarThey say that you can't or at least should not try to time the markets since you can often find yours ...
Investors Heavily Search Caterpillar Inc. (CAT): Here is What You Need to Know
Zacks Investment Research· 2024-01-12 15:32
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.Over the past month, shares of this construction equipment company have returned +2.4%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Manufacturing - Construction and Mining industry, which Caterpillar falls in, has gained 11.7%. The key question now is: What could be the st ...
Caterpillar (CAT) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Zacks Investment Research· 2024-01-10 23:47
The latest trading session saw Caterpillar (CAT) ending at $293.35, denoting a +0.36% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. Meanwhile, the Dow experienced a rise of 0.46%, and the technology-dominated Nasdaq saw an increase of 0.75%.Prior to today's trading, shares of the construction equipment company had gained 11.8% over the past month. This has outpaced the Industrial Products sector's gain of 4.9% and the S&P 500's gain ...
Why Caterpillar (CAT) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-01-10 16:19
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...
The 3 Best Bargain Stocks to Buy in January 2024
InvestorPlace· 2024-01-09 23:33
With a new investing year upon us, investors are on the hunt for the best bargain stocks to buy. Last year was certainly a great year for investing, making it even more pronounced to be extremely selective in 2024. There exists a class of companies that have been largely overlooked with the increased focus and attention on enterprise software and AI. Despite improving financial results and business fundamentals, market conditions have made certain sectors less favorable. However, with profit taking in big t ...
Caterpillar to Amplify Electrification and Energy Solutions at CES 2024
Prnewswire· 2024-01-09 14:15
Featuring breakthrough innovations and next-generation products and services, plus the chance to explore career opportunities at the forefront of electrification.LAS VEGAS, Jan. 9, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) is set to demonstrate the Power of Possible at CES® 2024, one of the largest tech events in the world. The exhibit will highlight Caterpillar's electric machines and energy solutions, designed to meet the evolving needs of our customers as they electrify their job sites. As a tech ...
Caterpillar Signs Strategic Agreement with CRH for Electric Off-Highway Trucks and Charging Solutions
Prnewswire· 2024-01-08 14:33
The agreement is focused on accelerating the deployment of Caterpillar's 70 to 100-ton-class battery electric off-highway trucks and charging solutions at a CRH site in North America. Through the agreement, CRH will participate in Caterpillar's Early Learner program for battery electric off-highway trucks, testing and validating the units in real-world applications. CRH will also provide voice of customer feedback to address safety, performance, operational and compliance requirements for the aggregates ind ...
Caterpillar (CAT) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-01-04 23:48
Caterpillar (CAT) closed at $286.10 in the latest trading session, marking a +0.63% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.34%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq lost 0.56%.The construction equipment company's stock has climbed by 11.07% in the past month, exceeding the Industrial Products sector's gain of 4.44% and the S&P 500's gain of 2.56%.The investment community will be paying close attention to the earnings performance of ...