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Caterpillar Inc. (CAT) Hit a 52 Week High, Can the Run Continue?
CaterpillarCaterpillar(US:CAT) Zacks Investment Researchยท2024-04-02 14:16

Have you been paying attention to shares of Caterpillar (CAT) ? Shares have been on the move with the stock up 7.4% over the past month. The stock hit a new 52-week high of $367.93 in the previous session. Caterpillar has gained 23% since the start of the year compared to the 11.8% move for the Zacks Industrial Products sector and the 22.5% return for the Zacks Manufacturing - Construction and Mining industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises ...