CAT - Caterpillar Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
135.20
-0.53 (-0.39%)
As of 9:54AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close135.73
Open134.87
Bid134.97 x 800
Ask134.99 x 800
Day's Range134.09 - 135.30
52 Week Range112.06 - 159.37
Volume474,346
Avg. Volume4,366,841
Market Cap77.318B
Beta (3Y Monthly)1.51
PE Ratio (TTM)12.58
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield4.12 (3.04%)
Ex-Dividend Date2019-07-19
1y Target EstN/A
Trade prices are not sourced from all markets
  • GuruFocus.com16 hours ago

    US Indexes Close Lower for a 2nd Day Wednesday

    S&P; 500 down 0.65% Continue reading...

  • Dow Jones Today: A Lackluster Showing
    InvestorPlace18 hours ago

    Dow Jones Today: A Lackluster Showing

    In advance of important earnings reports coming Thursday from some big-name members of the Dow Jones Industrial Average, the major U.S. equity indexes did a whole lot of nothing Wednesday.Source: Shutterstock The Nasdaq Composite and the S&P 500 lost 0.46% and 0.65%, respectively, while the Dow Jones Industrial Average nudged lower by 0.42%.On World Emoji Day, investors probably were not throwing around a lot of smiley emojis. The earnings reports that were out today, though not from members of the Dow Jones Industrial Average, were concerning.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBank of America (NYSE:BAC) echoed a refrain that we've been hearing a lot of during financial services reporting season: expect lower net interest margins.Adding to the concern, at least for industrial stocks, a bellwether sector due to its cyclical nature, was a roughly 10% plunge for railroad operator CSX (NASDAQ:CSX). That's a tumble that occurred on more than seven times the stock's average daily volume. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip CSX "earned $1.08 in adjusted earnings per share from almost $3.1 billion in sales, about 2% worse than analysts predicted. Weak volumes were to blame. Shipments fell 4% year over year in the second quarter. What's more, CSX lowered its 2019 sales guidance and now expects revenue to fall about 1% this year," according to Barron's. Wednesday WinnersIn what could be an encouraging sign, some of the members of the Dow Jones Industrial Average that report earnings tomorrow were among the index's better-performing names today. For example, UnitedHealth Group (NYSE:UNH) jumped 0.76%. The managed care provider delivers second-quarter results Thursday before the open of U.S. markets.Analysts are expecting earnings of $3.45 per share on revenue of $60.6 billion. UNH has endured its share of politically-charged struggles this year, but the shares have been on a torrid pace of late and enter the Thursday earnings report up more than 8% this month.Microsoft (NASDAQ:MSFT) lost 0.59% today. The software giant reports fiscal fourth-quarter earnings Thursday as well with analysts expecting adjusted earnings per share of $1.21 on revenue of $32.8 billion.Much of the story here will revolve around Microsoft's comments on refreshing existing products, new offerings and the company's commentary on Azure, its booming cloud business. The stock is up nearly 36% year-to-date, good for one of the best showings among mature, mega-cap technology names.It wasn't one of the Dow winners today and it doesn't report earnings tomorrow, but Caterpillar (NYSE:CAT) is a name worth discussing briefly. As an industrial stock and one of the larger ones at that, Caterpillar slumped 2.39% today, a decline largely tied to the aforementioned glum earnings report from CSX.Shares of Caterpillar could be boosted by an interest rate cut, any progress on the trade front with China and some market observers note the stock is attractively valued relative to other well-known industrial names. Bottom Line: Some HopeOne more thing to watch: International Business Machines (NYSE:IBM), another member of the Dow Jones Industrial Average, reports earnings after the bell today. The stock fell 0.31% in advance of that report. Wall Street is expecting earnings of $3.07 per share on revenue of $19.16 billion.In the good news category, this earnings season may prove to be better than previously expected if the reports revealed prior to Wednesday are accurate indicators."The earnings season began this week, with 43 S&P 500 companies reporting as of Wednesday morning, and a whopping 84% beating analysts' estimates," according to CNBC.Analysts were expecting an earnings contraction, but the reports to date indicate the S&P 500 will likely see a modest uptick in second-quarter profits.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post Dow Jones Today: A Lackluster Showing appeared first on InvestorPlace.

  • Caterpillar (CAT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks23 hours ago

    Caterpillar (CAT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    Caterpillar (CAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • These 2 Companies Just Set the Tone for Industrial Earnings Season
    Motley Foolyesterday

    These 2 Companies Just Set the Tone for Industrial Earnings Season

    The industrial supply companies' results had a lot to say about the outlook for the upcoming quarterly reports -- not all of it good.

  • Caterpillar (CAT) Dips More Than Broader Markets: What You Should Know
    Zacks2 days ago

    Caterpillar (CAT) Dips More Than Broader Markets: What You Should Know

    Caterpillar (CAT) closed the most recent trading day at $139.09, moving -0.39% from the previous trading session.

  • Hotelier buys Midtown site where apartments stand today
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  • 5 Dow Jones Stocks to Buy Now
    InvestorPlace3 days ago

    5 Dow Jones Stocks to Buy Now

    U.S. equities continue to show an upward bias on Monday, with the S&P 500 holding above the 3,000 level while the Dow Jones Industrial Average remains north of the 27,000 level. Impressive gains all around as Wall Street continues to look past things like uneven economic data and an inverted yield curve to focus instead on the dovish policy pivot by the Federal Reserve and the likelihood of interest rate cuts later this year. A number of mega-cap components in the Dow are perking up nicely and still present attractive entry points for buyers on the sidelines looking to get into the action. The early action in many of the names seems predicated on a thawing of U.S.-China trade relations later this year. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond With all of that in mind, here are five Dow Jones stocks to consider: InvestorPlace - Stock Market News, Stock Advice & Trading Tips Caterpillar (CAT) Click to EnlargeShares of heavy equipment maker Caterpillar (NYSE:CAT) are extending further away from its 200-day moving average to close in on the prior high set back in April. A breakout here would put an end to a long downtrend pattern going back to January 2018 and would set the stage for a challenge on the prior record high near $170, which would be worth a gain of more than 21% from here. The company will next report results on July 24 before the bell. Analysts are looking for earnings of $3.12 per share on revenues of $14.5 billion. When the company last reported on April 24, earnings of $2.94 beat estimates by 8 cents on a 4.7% rise in revenues. Disney (DIS) Click to EnlargeDisney (NYSE:DIS) shares keep marching higher, pushing to new records as it exits a multi-year funk. The opening of the new Galaxy's Edge theme park area as well as the approach of the release of the latest Star Wars movie has investors excited about ticket sales and merchandising revenue heading into the holiday shopping season. * 7 Services Stocks to Buy for the Rest of 2019 The company will next report results on Aug. 6 after the close. Analysts are looking for earnings of $1.76 per share on revenues of $21.5 billion. When the company last reported on May 8, earnings of $1.61 per share beat estimates by 4 cents on a 2.6% rise in revenues. Goldman Sachs (GS) Click to EnlargeShares of Goldman Sachs (NYSE:GS) are pushing away from a consolidation range going back to last fall with an extension away from its 200-day moving average. The stock is benefiting from expectations of easier policy from the Federal Reserve later this year, which would bolster long-term interest rates and help with net interest margins. Watch for a run at the mid-2018 highs near $240, which would be worth a gain of more than 14% from here. The company will next report results on July 16 before the bell. Analysts are looking for earnings of $4.82 per share on revenues of $8.6 billion. When the company last reported on April 15, earnings of $5.71 beat estimates by 69 cents on a 12.6% decline in revenues. Home Depot (HD) Click to EnlargeHome Depot (NYSE:HD) shares are enjoying an extended rally off of their 200-day moving average, setting up a run to new record highs after breaking up and over old resistance near the $210 a share level. Falling long-term interest rates could help the housing market enjoy another surge of activity after a lack of affordability dampened activity last summer. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The company will next report results on Aug. 20 before the bell. Analysts are looking for earnings of $3.09 per share on revenues of $30.9 billion. When the company last reported on May 21, earnings of $2.27 beat estimates by 8 cents on a 5.7% rise in revenues. Intel (INTC) Click to EnlargeIntel (NASDAQ:INTC) shares are breaking up and out of resistance from their 200-day moving average to end a two-month funk and close in on the gap down range near $55. Such a move would be worth a gain of 10% from here. Remember that semiconductors are the raw materials that the modern economy runs on, with pretty much every device containing processing power of some type these days. A turnaround in economic activity, spurred by easier money, will benefit chipmakers like Intel. The company will next report results on July 25 after the close. Analysts are looking for earnings of 88 cents per share on revenues of $15.6 billion. When the company last reported on April 25, earnings of 89 cents per share beat estimates by 2 cents on $16 billion in revenues. As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 5 Dow Jones Stocks to Buy Now appeared first on InvestorPlace.

  • Why You Might Be Interested In Caterpillar Inc. (NYSE:CAT) For Its Upcoming Dividend
    Simply Wall St.3 days ago

    Why You Might Be Interested In Caterpillar Inc. (NYSE:CAT) For Its Upcoming Dividend

    Caterpillar Inc. (NYSE:CAT) stock is about to trade ex-dividend in 3 days time. You can purchase shares before the...

  • These 3 Value Stocks Are Absurdly Cheap Right Now
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    These 3 Value Stocks Are Absurdly Cheap Right Now

    Sometimes the market has a great reason for knocking down a company's stock price. Other times it knocks it down too far and enterprising investors can find opportunities.

  • GuruFocus.com6 days ago

    US Indexes Rise to Record Highs During the July 12 Week

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  • Stocks – S&P Closes Above 3,000 as Wall Street's Rally on Rate Hopes Continues
    Investing.com6 days ago

    Stocks – S&P Closes Above 3,000 as Wall Street's Rally on Rate Hopes Continues

    Investing.com – The very merry July stock market rally bubbled along Friday with the major averages all setting new highs and the S&P; 500 closing above 3,000 for the first time.

  • Dow Jones Today: A Fantastic Friday
    InvestorPlace6 days ago

    Dow Jones Today: A Fantastic Friday

    Friday market action in the summer months can be somewhat lethargic, but investors got a respite from that scenario today. One of the driving forces behind the Friday rally was the lingering belief that the Federal Reserve will cut interest rates later this month.Source: Shutterstock That was enough to power the Nasdaq Composite higher by 0.59% while the S&P 500 rallied above 3,000, gaining 0.39%. The Dow Jones Industrial Average continued its move above 27,000, adding 0.82% to finish the week."Market expectations for lower rates currently sit at 100%, according to the CME Group's FedWatch tool. Traders are also pricing in a 20% chance of the Fed cutting by 50 basis points," reports CNBC.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn late trading, close to 25 of the Dow's 30 components were higher, but Friday was another troublesome day for the index's healthcare constituents, as all three of the Dow's pharmaceuticals names traded lower.Johnson & Johnson (NYSE:JNJ) was the first offender. JNJ slid 4.15% on more than double the average daily volume on its way to shedding about $15 billion in market value. This was after news broke that the Justice Department is pursuing a criminal probe into the company possibly covering up health risks associated with its popular talcum powder. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond "J&J disclosed in its annual report in February that it had received subpoenas from the Justice Department and Securities and Exchange Commission related to the ongoing baby powder litigation but did not give more details," according to Reuters. Better News Here With GS, DOW, and CATGoldman Sachs Group (NYSEARCA:GS) added 1.23% after research firm IHS Markit said it is likely the investment bank will reveal a dividend increase next week. Goldman recently forecast an almost 50% bump to its quarterly dividend to $1.25 a share from 85 cents, which is what Markit is expecting, too.On a light news day and below-average volume, chemicals maker Dow Inc. (NYSE:DOW) was the Dow's biggest winner, surging 4.04%. The one news item that possibly sparked the rally in shares of Dow was a report from FactSet. The report highlighted the stock as the member of the Dow Jones Industrial Average with the most potential upside over the next 12 months.The research firm sees Dow stock climbing more than 22% over the next year, a move that would take the shares over $60.Caterpillar (NYSE:CAT) jumped 3.28% today. The industrial machinery maker joined DOW on the list of Dow components expected to generate big returns over the next year. FactSet is forecasting almost 12% for shares of Caterpillar over the next year. As it is, the stock is up 8% over the past month and could offer investors a compelling mix of growth and income. Bottom Line: Fun Starts Next WeekSecond-quarter earnings season starts in earnest next week. Financial services, the S&P 500's third-largest sector weight, is the sector that will dominate earnings headlines next week. But due to that group's domestic focus, those reports will not provide much in the way of tariff-related guidance.However, bank earnings could present their own set of challenges for investors."Kenneth Leon, CFRA Research's bank analyst, says the capital markets, while improved, are likely to be a wild card for big bank earnings this quarter, with year-over-year comparisons challenging for debt underwriting and trading operations," according to CNBC.Bottom line: prepare for some excitement -- maybe even some volatility -- over the next several weeks, particularly if cyclical sectors like industrials and technology deliver earnings disappointments.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The post Dow Jones Today: A Fantastic Friday appeared first on InvestorPlace.

  • Caterpillar (CAT) is a Top Dividend Stock Right Now: Should You Buy?
    Zacks6 days ago

    Caterpillar (CAT) is a Top Dividend Stock Right Now: Should You Buy?

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Caterpillar (CAT) have what it takes? Let's find out.

  • Caterpillar Stock Is a Growth Play and (Maybe) an Income Play
    InvestorPlace7 days ago

    Caterpillar Stock Is a Growth Play and (Maybe) an Income Play

    Caterpillar (NYSE:CAT) has risen by nearly 5% over the last month. Though that leaves CAT stock still within its trading range, it offers some hope for the owners of CAT stock who have seen CAT do little over the last two years.Source: Shutterstock However, an ongoing trade war, as well as a perceived economic slowdown, have weighed on Caterpillar stock. As a result, CAT stock not only has a low valuation, but is also facing questions about how long it will take to move beyond its early 2018 highs. Considering the price action of CAT stock and the state of the global economy, only income-oriented investors should buy CAT at these levels. CAT Stock Is Primarily a Dividend StockGiven CAT's sector and its long-term track record, most investors who buy CAT stock will probably do so because of its dividend. The payout has risen in most years since 2003. The one exception was 2009, when the company maintained the same payout. The dividend has not been reduced since 1992.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo achieve "dividend aristocrat" status, a company must have hiked its dividend for at least 25 straight years. CAT stock does not fit this description. Still, the company's consistent annual dividend growth since 2010 means investors can treat CAT like a dividend stock. Moreover, with a current yield of nearly 3.1%, I agree with my fellow InvestorPlace columnist, Dana Blankenhorn, that CAT stock is a buy for income investors. But a Case for Growth Exists as WellHowever, I disagree with Blankenhorn's assessment that investors seeking capital gains should not buy CAT stock. Investors should note that CAT stock price fell as low as $21.71 per share in 2009. At today's price of almost $133 per share, that represents an increase of more than six-fold. * 10 Stocks to Buy for Less Than Book Also, CAT is very well-positioned from a competitive standpoint. It's much larger than its competitors Terex (NYSE:TEX), CNH Industrial (NYSE:CNHI), and Komatsu (OTCMKTS:KMTUY).Moreover, it trades at a price-earnings (PE) ratio of about 12.4. History has shown that CAT stock rarely falls to such a low multiple. Consequently, Caterpillar stock is currently cheap. Growth-Oriented Investors should Wait for a PullbackDespite CAT's low valuation, I think Caterpillar stock is less of a slam dunk for growth investors. Given current global economic conditions, CAT stock is cheap for a reason. Thanks to the U.S.-China trade war, CAT stock has fallen by nearly 18% since January 2018.China accounts for only about 10% of Caterpillar's revenue. Still, an ongoing geopolitical dispute between the U.S. and China would not serve the company well.The trade war has slowed the growth of CAT's Construction Industries division. Also, with oil trading around $60 per barrel,the results of CAT's Energy and Transportation unit have only been improving modestly. The one bright spot within the unit came from the Resource Industries division, whose revenue grew by 18% year-over-year. Unfortunately, the division accounts for less than 20% of CAT's revenue.For investors focused on growth, I would wait for a slight pullback of Caterpillar stock price. Over the last year, CAT stock price fell below the $120 per share level three times and quickly recovered each time. I see this level as its floor. I also think the ongoing trade war and concerns about the economy could easily take CAT stock back to that level. While Caterpillar stock will be a winner over the long-term, winning with CAT stock in the shorter term will take patience. * 7 Stocks to Buy for Monster Growth in the Second Half of 2019 Final Thoughts on CAT StockAt its current levels, CAT stock remains a clear winner only for dividend investors. Under current conditions, I would not discourage income investors from buying CAT right now. The current CAT stock price of around $133 per share is well above the average of the last two months. However, it still gives income investors a low-cost entry point to achieve a 3%-plus cash return.On the other hand, investors who want both growth and income should wait. Current macro conditions and the trade war will probably keep CAT stock at a low PE ratio for the foreseeable future. Still, CAT has established a price floor just below the $120 per share level. For those with the courage to buy the shares at those levels, CAT stock could become both a growth and income play over the longer term.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell for an Economic Slowdown * 7 Marijuana Penny Stocks That I May Buy * 7 of The Best Schwab ETFs for Low Fees The post Caterpillar Stock Is a Growth Play and (Maybe) an Income Play appeared first on InvestorPlace.

  • Caterpillar (CAT) Stock Sinks As Market Gains: What You Should Know
    Zacks8 days ago

    Caterpillar (CAT) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Caterpillar (CAT) closed at $132.64, marking a -1.23% move from the previous day.

  • 3 Technically Fragile Dow Stocks to Short
    InvestorPlace8 days ago

    3 Technically Fragile Dow Stocks to Short

    The following are not Dogs of the Dow stocks in 2019, but risky looking price charts hint at looming dogged price action in 3M (NYSE:MMM), Caterpillar (NYSE:CAT) and Apple (NASDAQ:AAPL). And the always real possibility of these companies making that list next year is a strong reason to short MMM, CAT and AAPL stock today.Dow Jones stocks sometimes go up and at other times, they go down. Mostly these days, it happens to be the case the bulk of these blue-chips go up. For its part the bellwether average is up nearly 15% on the year and roughly 1% removed from its recent all-time-highs.At the same time, leading Dow constituents Microsoft (NASDAQ:MSFT), Cisco Systems (NASDAQ:CSCO), American Express (NYSE:APX) and Visa (NYSE:V) are up roughly 30% to 35% in 2019.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe gains are certainly nice, as are AAPL stock's own outperformance of nearly 27%. Still, what goes up does eventually go down. And CAT stock's relative under-performance of 5% and MMM stock's decline of nearly 13.50% are testaments of this cyclical certainty. And if the price charts allow, sometimes investors are even offered a well-placed short stock opportunity. * 10 Stocks to Buy on College Students' Radars With that in mind, MMM, CAT and AAPL stock are in this technically perilous situation right now and ready for shorting. And if today's bearish price patterns behave really dogged in 2019's second half, these three shorts might even land on next year's yield-driven Dogs of the Dow list for buying. 3M (MMM) Click to Enlarge3M is our first bearish Dow Jones stock to short. MMM stock is the worst performer of today's three names. And right now, the chart is offering a good entry point to profit from continued weakness.The weekly chart points to MMM stock following through on the downside out of a bearish flag. The pattern has formed inside a former support area comprised of key Fibonacci levels which failed this past spring and have turned into staunch resistance.The MMM Stock TradeWith shares already confirming the pivot high within the bear flag and stochastics forming a bearish crossover from neutral levels, MMM stock looks like a short today. I'd suggest a stop loss of 8% to contain potential losses and smartly exit if resistance is overcome. Optimistically though, a profitable trend for bears could put shares back toward the 2016 lows near $125. Caterpillar (CAT) Click to EnlargeCaterpillar is our next Dow Jones stock to short. CAT stock is already showing relative weakness this year. But if a weekly price chart showing lower highs and a couple bullish trend failures since late last year have any say, conditions are going to get worse.Bearish operators also have a nice spot to short this Dow Jones stock with limited risk and potentially outsized rewards. Following June's rally, shares have formed a pivot top within a countertrend rally against resistance.The CAT Stock TradeMy recommended strategy in CAT stock is to wait on a short through last week's topping candle low of $133.22. That price confirmation should also help a stochastics set-up that's currently on the cusp of turning lower and signaling a bearish crossover. * 10 Best Stocks for 2019: A Volatile First Half For this Dow Jones stock short I'd suggest a 9% stop and size the position accordingly. Similar to MMM stock, this exit limits losses and closes the position if pattern resistance fails. On the downside, I'd look to take partial and much larger profits on a test of last year's corrective low near $110. Apple (AAPL)Apple is our third and final Dow Jones stock to short. AAPL stock's gains this year are nothing to sneeze at, but a second lower high pivot on the weekly view doesn't look good. And with price action set against a former trend line, the current cycle's 76% resistance level and a mostly favorable-looking stochastics position, an AAPL short looks even better.The AAPL Stock TradeWith Apple stock confirming a pivot high this week as shares moved through $200.65, shares could be shorted today while using a stop-loss above the pattern's candlestick high of $205.08.But I'd wait.Since this Dow stock finished Tuesday modestly above the short signal price, I like placing Apple shares on the radar for shorting on a bearish re-cross of $200.65 for additional confirmation. The entry is also contingent on last week's high remaining intact and of course, using it for keeping risk well-managed off and on the price chart.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional market insights and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on College Students' Radars * 7 Retail Stocks to Buy for the Second Half of 2019 * The S&P 500's 5 Best Highest-Yielding Dividend Stocks The post 3 Technically Fragile Dow Stocks to Short appeared first on InvestorPlace.

  • Financial Times8 days ago

    Independent and Standard challenge government on stake sale

    Sultan Mohamed Abuljadayel, a Saudi investor, this year bought a 30 per cent stake worth £25m in Lebedev Holdings through a Cayman Islands company. Lebedev Holdings owns both the Independent and the Evening Standard, the free London newspaper edited by ex-chancellor George Osborne. Mr Abuljadayel bought a stake of a similar size in the Independent two years ago.

  • US STOCKS-Wall St slips on trade concerns, muted rate cut hopes
    Reuters9 days ago

    US STOCKS-Wall St slips on trade concerns, muted rate cut hopes

    U.S. stocks dropped on Tuesday as investors fretted over a hit to company earnings from the protracted U.S.-China trade dispute and reined in expectations of a big interest rate cut by the Federal Reserve later this month. In the latest indication of the trade dispute hurting businesses, German chemicals giant BASF warned of a 30% fall in adjusted annual profit, while RBC Capital Markets downgraded 3M Co to "sector perform", citing macro pressures from China, auto and electronics sectors. Boeing Co, the single largest U.S. exporter to China, dipped 0.3% ahead of release of its orders and deliveries for the second quarter, while Caterpillar Inc declined 0.5%.

  • Reuters9 days ago

    US STOCKS-Wall St set to open lower on concerns over trade war fallout

    Wall Street was set for a lower open on Tuesday as investors fretted over a hit to earnings from the protracted U.S.-China trade dispute and lowered expectations of a big rate cut by the Federal Reserve later this month. In the latest indication of the U.S.-China trade dispute hurting businesses, German chemicals giant BASF warned of a 30% fall in adjusted annual profit. A downgrade of 3M Co to "sector perform" by RBC Capital Markets on macro pressures from China, auto and electronics added to the downbeat sentiment.

  • Reuters9 days ago

    US STOCKS-Futures fall on concerns over U.S.-China trade fallout

    U.S. stock futures fell on Tuesday as investors worried over a hit to earnings from the prolonged U.S.-China trade war and receding hopes of a sharp rate cut by the Federal Reserve later this month. In the latest indication of the U.S.-China trade dispute hurting businesses, German chemicals giant BASF warned of a 30% fall in adjusted annual profit. RBC Capital Markets downgrade of 3M Co to "sector perform" on macro pressures from China, auto and electronics added to the downbeat sentiment.

  • Is CAT Stock A Buy Right Now? Here's What Caterpillar Earnings, Charts Show
    Investor's Business Daily10 days ago

    Is CAT Stock A Buy Right Now? Here's What Caterpillar Earnings, Charts Show

    The trade war turned Caterpillar into a laggard in 2018. But is CAT stock poised to rebound? Here's what the stock chart and analysis indicates.

  • Dow Jones Today: Why These Big Names Got Drubbed
    InvestorPlace10 days ago

    Dow Jones Today: Why These Big Names Got Drubbed

    Following up on the notion of sometimes good news is bad news, a theme highlighted here last Friday, stocks struggled to start the week. Market participants increasingly speculated last week's strong June jobs report means the Federal Reserve will not proceed with cutting interest rates anytime soon.Source: Shutterstock To start the week, the Nasdaq Composite slipped 0.78% while the S&P 500 lost 0.48%. The Dow Jones Industrial Average lost 0.43% with more than two-thirds of the blue-chip index's components pointing lower in late trading. * 7 A-Rated Stocks to Buy for the Rest of 2019 Something else that has been discussed here in recent days is the shift away from trade concerns to company-specific issues. That was very much the case today as a slew of big names in the Dow were punished for a variety of stock-specific reasons. Let's have a look at some of those names here.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Apple (AAPL)Shares of Apple (NASDAQ:AAPL), one of the largest components in all three major U.S. indexes, slid 2.06% after Rosenblatt Securities analyst Jun Zhang issued a rare "sell" rating on the stock. Apple, the largest technology member of the Dow, does not garner "sell" ratings with any level of frequency, but if iPhone sales disappoint, analysts could ratchet down ratings on Apple."We believe Apple will face fundamental deterioration over the next 6-12 months," said Zhang in a note. "We believe new iPhone sales will be disappointing [and] iPad sales growth will slow in the second half of 2019." Verizon Inc. (VZ)Verizon (NYSE:VZ), usually a defensive name, was somewhat offensive today, losing 0.70% after Citigroup lowered its rating to "neutral" from "buy," citing risks in the broader telecommunications space."The opportunities for further multiple expansion have narrowed, in our view, as we close in on different wireless merger scenarios from what we previously envisioned and Verizon is less likely to pursue bolder strategic moves to accelerate its network and 5G strategies over the next 6-12 months," said Citi analyst Michael Rollins in a note. Looking For Good News?Investors looking for positive vibes on a day when those were hard to come by can focus on at least two Dow stocks. Let's start with UnitedHealth Group (NYSE:UNH), the largest healthcare component in the Dow. Shares of the beleaguered health insurance provider could be second-half winners."That's at least according to technical analyst Mark Newton, founder of Newton Advisors. With UnitedHealth shares down nearly 14% from their 52-week highs made in December, Newton said Friday that this Dow dud is poised for a breakout," reports CNBC.A cyclical name to consider may just be Caterpillar (NYSE:CAT), shares of which are up just 7.35% this year."Caterpillar has created a virtuous cycle by manufacturing superior quality equipment that has fostered a premium product reputation," said Morningstar in a recent note. "The equipment therefore is highly fungible with known resale values. It also has a robust support infrastructure, which creates a lucrative aftermarket business." Bottom LineWith it appearing increasingly unlikely that the Federal Reserve will lower interest rates this month or perhaps even this quarter, investors will likely be beholden to company-specific events over the near-term. That will be even more true as second-quarter earnings reports start trickling in over the coming days.This week, however, hope burns eternal for encouraging news on the rate cut front."Federal Reserve Chairman Jerome Powell is scheduled to give testimony on monetary policy before Congress on Wednesday and Thursday, which some investors expect will provide clues regarding the likelihood of a rate cut from the U.S. central bank when it meets at the end of the month," reports Reuters.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks to Buy for the Rest of 2019 * 7 Education Stocks to Buy for the Future of Academia * 5 Stocks to Buy as You Rebalance Your Portfolio The post Dow Jones Today: Why These Big Names Got Drubbed appeared first on InvestorPlace.

  • Morningstar10 days ago

    Caterpillar Innovates as Competition Escalates

    Over the past century,  Caterpillar CAT has skillfully constructed a product portfolio that has made it the largest construction and mining equipment manufacturer in the world. Through this process, it has developed the world's most valuable heavy equipment brand. While many of the segments Caterpillar operates in are highly competitive, we believe its strategy of investing in optimal product design coupled with strong brand development places it far ahead of the competition and will continue to do so.

  • An Intrinsic Calculation For Caterpillar Inc. (NYSE:CAT) Suggests It's 34% Undervalued
    Simply Wall St.10 days ago

    An Intrinsic Calculation For Caterpillar Inc. (NYSE:CAT) Suggests It's 34% Undervalued

    How far off is Caterpillar Inc. (NYSE:CAT) from its intrinsic value? Using the most recent financial data, we'll take...

  • Caterpillar and Alibaba Charts Present Potential Buy Setups
    TheStreet.com10 days ago

    Caterpillar and Alibaba Charts Present Potential Buy Setups

    As far as the pattern is concerned on the weekly chart, if the November 2018 low really is more important, it shows us the upside potential at the $189 area. The way I look at this is that as long as price continues to hold above the $132 area I will take my buy triggers and look for an initial upside target at the $141 area.