Caterpillar stock hits new highs; time to ring the register?

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 ...