NYSE:CATMachinery
Is It Too Late To Consider Caterpillar (CAT) After A 114% One Year Surge?
Investors may be wondering if Caterpillar at around US$695 a share still offers value, or if most of the opportunity has already been priced in.
The stock has delivered a 113.8% return over the last year and is up 16.2% year to date, even with a 9.3% pullback over the past month and a 2.1% gain in the last week.
Recent coverage has highlighted Caterpillar as a key name in heavy machinery and infrastructure, keeping attention on how it might be positioned for large scale construction and...