171.60 +0.72 (0.42%)
Pre-Market: 8:00AM EST
|Bid||171.63 x 700|
|Ask||171.92 x 100|
|Day's Range||168.48 - 170.91|
|52 Week Range||90.34 - 173.24|
|PE Ratio (TTM)||114.46|
|Earnings Date||Jan 25, 2018|
|Forward Dividend & Yield||3.12 (1.83%)|
|1y Target Est||167.04|
After years of underperformance, American manufacturing is back. Industrial companies are enjoying massive bull markets in their shares. While tech has led the way for years, old-economy stocks are starting to play catch-up.
After delivering back-to-back surprises in all three quarters of 2017, Caterpillar is likely to deliver another beat in Q4 driven by both upbeat performances in all its segments.
A look at some of the key business events and economic indicators upcoming this week: EYE ON HOUSING Strong demand has helped lift U.S. home sales to levels last seen at the height of the housing boom ...
Nine Dow components will post their quarterly results this week. Two of them are among the most heavily weighted Dow stocks. Analysts have high expectations for their top and bottom line results. The new ...
The earnings season will get its first taste of results from Silicon Valley, led by Netflix, Intel and other chip companies.
Good stocks that are on a solid growth path will help you remain cool while crypto investors are watching every uptick and downtick. Caterpillar Inc (NYSE: CAT) is the 800-pound gorilla of the heavy-duty machinery business. For the past decade, CAT stock has been floundering because there wasn’t much growth, so there was no demand for equipment.
It is a measure of the level of output of manufacturing, mining and utilities sectors in a country. The upbeat performance was supported by a 7% jump in manufacturing and 12.7% in mining output in the quarter. The PMI is an indicator of the economic health of the manufacturing sector with a reading above 50 signalling increased factory activity.
Caterpillar (CAT) was the second-best performing stock in the Dow in 2017, and when you look at its longer-term performance, it's been even more impressive—so it's not surprising that analysts are still bullish on the stock. Credit Suisse's Jamie Cook and Themis Davris think that the party is just getting started.
U.S. stock futures are trading higher heading into the open, as Wall Street brushes off concerns about a government shutdown. Overall, about 21.1 million calls and 16.7 million puts changed hands. The CBOE single-session equity put/call volume ratio rebounded to 0.56.
W.W. Grainger's (GWW) fourth-quarter results are likely to be aided by higher volumes. However, higher expenses are expected to limit bottom-line growth.
The Zacks Analyst Blog Highlights: Caterpillar, ACCO Brands, iRobot and Graphic Packaging Holding
Zacks.com highlights: Caterpillar, Crocs, Pioneer Natural Resources, Legg Mason and Intuitive Surgical
Investors need to pay close attention to Caterpillar (CAT) stock based on the movements in the options market lately.
Investing.com – Wall Street rebounded on Wednesday, reversing losses sustained a day earlier, closing at all-time record highs as investors cheered bullish earnings from corporates.