Why Caterpillar Stock Is Climbing Higher Today
Caterpillar(CAT) The Motley Fool·2024-01-25 20:29Investors waiting eagerly to see what Caterpillar (CAT 2.78%) has to say next month when they report year-end results got a potential preview from another public company. Commentary from United Rentals (URI 12.41%) appears to have lit a fire under shares of Cat, sending shares of the heavy equipment maker up nearly 3% as of 2:30 p.m. ET Thursday.The stock had been up as much as 4.3% earlier in the day.The building boom might not be overCaterpillar has a lot riding on its upcoming earnings report, which is d ...