Previous Close | 219.76 |
Open | 218.69 |
Bid | 217.06 x 800 |
Ask | 217.20 x 900 |
Day's Range | 215.01 - 219.34 |
52 Week Range | 87.50 - 226.67 |
Volume | 1,445,508 |
Avg. Volume | 3,097,425 |
Market Cap | 118.41B |
Beta (5Y Monthly) | 0.95 |
PE Ratio (TTM) | 39.77 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 4.12 (1.87%) |
Ex-Dividend Date | Jan 19, 2021 |
1y Target Est | N/A |
Shares of construction giant Caterpillar (NYSE: CAT)Â continue to surge higher. In fact, its 2020 performance was pretty terrible and included one of the company's worst quarters in history. Instead, Caterpillar's fresh all-time high is based on future performance and the expectation that the company will be a big beneficiary from a 2021 bull market, infrastructure stimulus, higher oil prices, and other post-pandemic tailwinds.
Rating Action: Moody's assigns A3 to Caterpillar's $500 million of senior unsecured notes; Outlook stableGlobal Credit Research - 02 Mar 2021New York, March 02, 2021 -- Moody's Investors Service, ("Moody's") assigned an A3 rating to Caterpillar, Inc.'s ('Caterpillar', 'CAT') $500 million of senior unsecured notes. All the other ratings are unaffected, including the A3 long term and Prime-2 short-term ratings of Caterpillar, Inc., Caterpillar Financial Services Corporation (CFSC - based on a support agreement from Caterpillar), and their guaranteed subsidiaries.
At this stage, it will be prudent to invest in manufacturing stocks with a favorable Zacks Rank. A few of them are: DE, CAT, DOV, GGG, IR and ITW.