|Bid||0.00 x 800|
|Ask||146.36 x 900|
|Day's Range||146.02 - 148.47|
|52 Week Range||111.75 - 148.47|
|Beta (3Y Monthly)||1.52|
|PE Ratio (TTM)||13.92|
|Earnings Date||Jan 27, 2020 - Jan 31, 2020|
|Forward Dividend & Yield||4.12 (2.78%)|
|1y Target Est||143.29|
DOW UPDATE The Dow Jones Industrial Average is flat Tuesday afternoon with shares of Exxon Mobil and Dow Inc. leading the way for the blue-chip average. The Dow (DJIA) was most recently trading at 27,690, unchanged from yesterday's close.
Investing.com - Stocks ended basically flat Tuesday as President Donald Trump's speech did not offer clues on when a China-U.S. trade deal will be signed.
Investing.com – Stocks were struggling to hold onto morning gains Tuesday even as President Donald Trump touted his administration's economy policy and hopes for a phase one trade deal.
It looks as if Wall Street believes the worse is past for industrial stocks. After a period of weakening demand, things are looking up.
Investing.com – Wall Street fell on Monday as violent clashes in Hong Kong and trade comments from U.S. President Donald Trump caused investors to dial down last week's optimism.
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
We wouldn't blame Caterpillar Inc. (NYSE:CAT) shareholders if they were a little worried about the fact that Denise...
DOW UPDATE The Dow Jones Industrial Average is trading up Thursday morning with shares of Goldman Sachs and UnitedHealth seeing positive growth for the index. The Dow (DJIA) was most recently trading 264 points higher (1.
Zacks Earnings Trends Highlights: Fastenal, United Rentals, Caterpillar, Texas Instruments and Hasbro
DOW UPDATE Shares of Dow Inc. and Walgreens Boots are seeing positive growth Thursday morning, lifting the Dow Jones Industrial Average into positive territory. The Dow (DJIA) was most recently trading 192 points, or 0.
Bank of America Merrill Lynch analyst Ross Gilardi is now more bullish on Caterpillar Inc.'s stock , citing a number of "green shoots" over the last week suggesting a bottoming in the mining, construction and agricultural equipment maker's business. Gilardi reiterated his buy rating while raising his stock price target to $165 from $154. Among the reasons to be "more constructive" on Caterpillar are favorable inventory comments from Caterpillar's largest dealer, a rebound in Class 8 orders and the resilience of the U.S. service economy, which suggests the recession in U.S. manufacturing will be shallow and short-lived. However, Gilardi acknowledged that "it will all boil down to the signing (or not) of an interim U.S.-China trade deal." The stock has slipped 0.5% since closing Monday at a 13-month high. It has rallied 15.0% year to date, while the Dow Jones Industrial Average has advanced 17.9%.
In his "No-Huddle Offense" segment of Mad Money Tuesday night and in his Real Money column, Jim Cramer said he hates markets that surge higher for no reason, but in the case of the industrials, he thinks he knows why it's happening. Cramer said when Caterpillar Inc. reported hideous earnings, shares initially plunged $6, but now they're breaking out to the upside. Cramer said jumps in stock prices like this don't come from humans.
Short for Financial Independence, Retire Early, the FIRE movement finds its roots in the 1992 best-seller “Your Money or Your Life” by Joe Dominguez (a Wall Street financial analyst who — you guessed it — retired at 31) and Vicki Robin (who turned a modest inheritance into an income stream that allowed her to quit work at 23). As a result, “Knoxville is an easy place to live, to raise a family, or to retire,” she says.
Japan also believes it is doing well in trade, striking big pacts with the EU and the Trans-Pacific Partnership, but, as we discuss below in today’s main piece, the recent US deal is more controversial. Today’s chart of the day looks at Cameroon’s exports to the US after Donald Trump slapped trade restrictions on the country last week, while the obvious policy watch today is whether and when the US and China will sign their phase one agreement, potentially easing the recent trade wars.
Caterpillar Inc has laid off 120 temporary workers at a plant in Texas following its decision to cut production in the wake of a fall in sales due to U.S. President Donald Trump's trade war with China. The layoffs, which took place at the hydraulic excavator facility in Victoria on Nov. 1, were confirmed to Reuters by a company spokeswoman on Monday. Caterpillar shares closed up 1.7% at $146.92.
Caterpillar Inc. (NYSE: CAT) notified 120 workers at its Victoria, Texas, facility that they will no longer have a job effective, November 1. Company officials said "market conditions" are the reason for the layoffs. "Caterpillar notified a portion of its Victoria, Texas, workforce that it is taking actions to bring production in line with demand," according to a statement from Lisa Miller, spokeswoman for Illinois-based Caterpillar.
Bulls had the upper hand in the stock market late Friday, as October's strong 128,000 new jobs convinced many investors the economy remains solid.
October was a great month for the broader averages in more than one way. But as it is a market made up of stocks, November is ushering in three new opportunities for stocks to buy in companies whose shares have done the necessary technical work for a new bull market to appear.Stocks are prone to corrections, and October has historically been a solid calendar month for the broader averages to take a technical respite. But in 2019 as the S&P 500 finished up 2.21% at new all-time-highs, that tendency barely saw the light of day. On the other hand, has that price action made the market too risky for stocks to buy? Not a chance.Despite Wall Street lore, a rising tide hasn't lifted all boats. The fact is, bullish headline feats by the broader market are often linked to a handful of mega-cap stocks like Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) or Amazon (NASDAQ:AMZN). And that's great news for today's investors looking for opportunities in a market made up of stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy in November As we enter November I have three fresh stocks to buy. These are just now shaping up for bullish runs after large corrections and are putting together superior long-term bottoms. Caterpillar (CAT)Caterpillar (NYSE:CAT) is the first of our stocks to buy. You might think the machinery giant is an odd choice given the U.S.-China trade war and the company's recent all-around earnings disappointment. The company didn't do itself any favors in delivering a profit and sales miss, as well as below-view guidance. And based on that evidence you'd be correct to turn your back on CAT stock, but do so at your own risk.It's important to recognize that stocks often make long-term bottoms when the headline news is still awful-sounding. Bottom-line, this serves the purpose of keeping investors from buying a stock as a meaningful low is established. And given the circumstances, CAT stock looks like a prime candidate of this phenomenon.Technically, shares of Caterpillar have moved from a tenuous bearish correction and into a fully-formed double bottom pattern on the monthly chart. With the formation finding support off the 50% Fibonacci level and stochastics having bullishly crossed over out of oversold territory, CAT is setting up as a stock to buy.CAT Stock Strategy: My recommendation is to buy CAT stock above the April pattern mid-pivot and year-to-date high of $142.54. I'd advise partial profit-taking on a challenge of Caterpillar's all-time-high and a trailing stop-loss of 8%. Square (SQ)Square (NYSE:SQ) is the next of our stocks to buy. Mobile payments innovator Square stock has its share of bearish naysayers. But sales growth of around 44% over the next five years towers over competitor PayPal (NASDAQ:PYPL) and other industry giants like Visa (NYSE:V). And with a market capitalization of just $26 billion and earnings on tap next Wednesday, SQ's bottoming pattern looks like a superior opportunity for investors.On the price chart and after failing steadfast SQ stock investors a year ago, shares have worked to form a bullish higher-low corrective double bottom pattern between Square's lifetime 50% to 62% retracement levels. A longer-term low looks even more attractive given an oversold stochastics crossover and last month's price confirmation of the pattern's hammer-style September pivot low. * 7 Dividend Stocks That Could Struggle to Continue Payout Hikes SQ Stock Strategy: Shares of Square can be bought today at a modest discount to the September pattern confirmation of $63.98. And with earnings a potential catalyst to move shares aggressively higher out of the bottom, this is a stock to buy. Of course, earnings reactions can be a two-way street and SQ stock is no exception. As much, I'd strongly recommend gaining exposure with a limited and reduced risk strategy such as a vertical spread or collar position with SQ stock options. F5 Networks (FFIV)F5 Networks (NASDAQ:FFIV) is our last stock to buy. It has been a while since the broader market's rising tide helped FFIV stock investors. In fact, the mid-cap networking company's shares have been ebbing lower for the last 13 months in a correction. But the tide for bulls looks to be shifting for the better off and on the price chart.A profit and sales beat a week ago sent FFIV stock gapping higher by about 5.5%. More important, the reaction also signaled a successful test of F5's longer-term uptrend and Fibonacci support zone. Along with a bullish divergence in stochastics, FFIV is a name to put on the radar as a stock to buy.FFIV Stock Strategy: I'd propose waiting for a second chance confirmation of August's bottoming candlestick. Specifically, buying FFIV stock above $150 will allow shares to trade above the pattern high, as well as potential lateral resistance tied to F5 Networks former highs. The all-time-high near $200 is recommended for taking initial profits, while a 15% stop-loss looks equally appropriate off and on the price chart.Investment accounts under Christopher Tyler's management currently own positions in Square (SQ) and its derivatives, but no other 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 * 7 Buy-and-Hold Stocks to Play Investing's Biggest Trends * 7 Stocks to Buy in November * 5 Strong Buy Stocks Under $5 With Massive Upside Potential The post 3 New and Superior Long-Term Stocks to Buy appeared first on InvestorPlace.
DOW UPDATE Led by positive momentum for shares of Walgreens Boots and Dow Inc., the Dow Jones Industrial Average is climbing Friday morning. Shares of Walgreens Boots (WBA) and Dow Inc. (DOW) have contributed to the blue-chip gauge's intraday rally, as the Dow (DJIA) is trading 250 points higher (0.
DOW UPDATE Shares of Dow Inc. and Exxon Mobil are trading higher Friday morning, lifting the Dow Jones Industrial Average into positive territory. Shares of Dow Inc. (DOW) and Exxon Mobil (XOM) have contributed to the index's intraday rally, as the Dow (DJIA) was most recently trading 152 points (0.