CAT Stock Recent News
CAT LATEST HEADLINES
Zacks.com users have recently been watching Caterpillar (CAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Jerry Castellini, CastleArk Management president and CIO, joins CNBC's 'Power Lunch' to discuss three stocks: Caterpillar, Las Vegas Sands, and Estee Lauder.
IRVING, Texas , Sept. 24, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will immerse visitors in the mine site of the future at MINExpo 2024, featuring industry-leading technologies, groundbreaking advancements in the energy transition and innovative customized solutions designed to help increase customer efficiency, safety and profitability.
Caterpillar's stock performs well, despite a challenging macroeconomic environment and manufacturing recession. The company's profitable growth strategy, including expanded offerings and services, positions it well for long-term success, generating significant free cash flow. Despite a slight decline in sales and operating profit in Q2, Caterpillar's robust dividend and share repurchase program make it attractive to investors.
Deere's investors experienced poor returns YTD because of struggles in the farming machinery manufacturing industry. In the meantime, Caterpillar kept soaring and yielding high returns. In this article, I tackle the issue of the valuation gap between Deere and Caterpillar to explain why it is so and what to expect in the next few years.
Caterpillar is rolling back some of its DEI policies following an internal review, with senior leaders required to approve participation in external surveys and speakers.
Caterpillar, Johnson Controls, and Quanta Services will benefit as a lower interest rate helps a rebound in manufacturing-demand growth.
Investors are always looking to beat the market, searching for stocks that deliver consistent long-term gains. And perhaps to the surprise of some, these three non-tech stocks have delivered just that over the last decade.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
The Federal Reserve finally acted and the markets are rejoicing.