U.S. markets open in 7 hours 36 minutes

Caterpillar Inc. (CAT)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
213.21+4.35 (+2.08%)
At close: 4:00PM EDT
Sign in to post a message.
  • H
    Herman
    some buyers are back
    Bullish
  • F
    Faisal
    With RSI below 20, how long do you think MM can push CAT down? As a shareholder, I am in pain, no doubt. But I also have strong faith buyers will be flocking in soon. You lose only when you sell them. With strong fundamentals and infrastructure spending from US China and EU, Cat is one of the top 5 beneficiaries. Any day, we will see 4-5% up day...Friday or Monday only GOD knows.. Stay long stay strong.
    Bullish
  • F
    Faisal
    last 10 days or so, funds and institutions are piling on tech and selling industrials and financials favoring growth vs value. This same f...rs will turn back to value again. its a back and forth game they are playing just because they can due to their size. with a 2021 EPS of $11, Cat should be over 300.
    Bullish
  • P
    PAUL
    Zacks news For what its worth
    Caterpillar Inc. CAT is the largest global manufacturer of construction and mining equipment. Given that it serves a gamut of sectors — infrastructure, construction, mining, oil & gas, and transportation — the company is considered a bellwether of the global economy.

    The company’s expected earnings growth rate for the current year is 46.3%. The Zacks Consensus Estimate for current-year earnings has improved 18.4% over the past 60 days. The company carries a Zacks Rank #2.
  • R
    Ron
    @Elizabeth C were we as long time cat position holders supposed to have been able to predict such a drop in stock? I have to admit my mind is in a bit of a fog right now.
  • G
    GARY
    Like everyone on this page, I am trying to figure out why this is selling off. Must be a sell the news on the infrastructure bill by institutions. Wondering how much more downside we are looking at here. I like 218. But, at the same time, I have no idea why this is dropping like a brick. Can somebody enlighten me?
  • E
    Expert
    wow, big volume today. Somebody is buying :)
    Bullish
  • F
    Faisal
    Pop Quiz:

    What’s the PE of Cat? Show your work
  • F
    Faisal
    I am starting to believe this is a deliberate drop by the funds/institutions to buy cheaper shares ahead of the no-brainer infrastructure bill
  • S
    S
    now is the time to add to your position. When the infrastructure bill is passed (in some form), who do you think we be supplying much of the large earth moving equipment!
    Bullish
  • W
    Wumpus
    Let’s spend all afternoon slowly bring the price up just for 10 minutiae to lose all progress
  • A
    Arturo
    purchased 60 shares at 112, seems like a really good opportunity for everyone. I'll have to keep buying more if it stays or dips.
    Bullish
  • B
    Bravo Moe
    Bought My first shares of this. Hopefully good price
  • F
    Faisal
    Just thoughts:

    Shouldn’t there be a restriction how many shares a fund/ institution can buy or sell in a quarter? How come this is not an antitrust issue? Vanguard owns close 40 mil shares. That’s close to 10% and 10 days worth of trading if they want to sell them. How come there are no rules for the boys? Price goes up or down, they always win coz they have money, more money to buy a beaten stock. Retails like us always lose…always….
  • F
    Faisal
    Cat had a shareholder meeting. Someone not happy and dumped millions of shares yesterday and today. Cat should initiate Costco like one time dividend. But I was surprised to see $9 down and no support whatsoever from MM.
  • P
    PAUL
    No sense to the down ward trend, total craziness
    What has changed? Nothing. Didn't they just report good earning and raise the div
    No news of any projects not continuing. So same old same O business that just reported good earnings
    So why a 12% drop when all good??? news??
    Bullish
  • F
    Faisal
    Folks, some of you are worried about high PE. Obviously, you are being misled by yahoo. Cats 2020 EPS was 6.25. This is year 2021 and their estimate is $11. What’s the PE then???? How about 2022 PE?
  • A
    Alexander
    I agree that cat move up to fast,but now is a great buying point for long term
  • v
    valuegeek77
    4 months of gain gone in 10 trading days

    Economy and profit stronger than ever

    Talk about rigged market!
  • R
    Radeon
    The much needed infrastructure bill will pass soon and CAT will pop back up