Caterpillar (CAT) Stock

Given the high valuation of Caterpillar stock and the recent downward changes in estimates, should investors rethink their investments? Let's explore this further.

Given the high valuation of Caterpillar stock and the recent downward changes in estimates, should investors rethink their investments? Let's explore this further.

I maintain a buy rating on Caterpillar because it is fairly priced, even though the Industrials sector has been struggling lately. Although CAT's Q3 results fell short of expectations, the company's share buybacks, solid financial position, and increasing order backlog give hope for better performance ahead. There are some risks, such as slower global growth, high interest rates, and a decline in the construction market, but CAT's technical indicators hint at a possible recovery.

We have just put together a list of the Top 10 Stock Picks from Diamond Hill Capital. In this article, we will examine how Caterpillar Inc. (NYSE:CAT) compares to the other stocks chosen by Diamond Hill Capital. This investment management firm, based in Columbus, Ohio, was established in 1997 by Ric Dillon.

Caterpillar (CAT) has been getting a lot of interest from users on Zacks.com recently. Because of this, it's important to know the information that could affect the stock's future.

Caterpillar (CAT) finished the last trading day at $365.39, which is a decrease of 0.18% compared to the day before.

In the most recent trading session, Caterpillar (CAT) finished at $375.76, which is a decrease of 0.84% compared to the day before.

Investors should closely monitor Caterpillar (CAT) stock due to recent changes in the options market.

Persistent inflation suggests that the central bank might not lower interest rates as often as the market anticipated. This could negatively impact the overall stock market.