The Latest Breaking News from Caterpillar Inc

As investor sentiment turns bullish, these 3 stocks trade around their 52-week highs and could have a long ways to go.

Increased technological advancements have boosted the industrial sector’s productivity and profitability, driving the demand for its products and fuelling its growth. Therefore, investors could look to buy fundamentally strong industrial stocks Caterpillar (CAT), ITT (ITT), and Twin Disc (TWIN). Keep reading.

Despite macroeconomic challenges, total industrial production rose in April. Also, increasing adoption of advanced technologies such as AI should help the sector thrive. So, it could be wise to consider buying fundamentally sound industrial stocks Caterpillar (CAT), Komatsu (KMTUY), and Sumitomo Heavy Industries (SOHVY). Read on.

Caterpillar (CAT) saw steady revenue growth in the last reported quarter despite the macroeconomic challenges. Management seems confident in the company’s 2023 performance. Let’s take look at some of its key metrics to understand why it could be wise to invest in the stock now.

Despite macroeconomic headwinds, the industrial sector has remained resilient. Moreover, the industry is well-positioned to expand on the backs of industrial automation and technological advancements. Therefore, fundamentally strong industrial stocks Honeywell International (HON), Lockheed Martin (LMT), and Caterpillar (CAT) might be ideal buys for long-term income seekers. Read on.

The increased investment in infrastructure development and government spending should drive the industrial sector’s growth. Given its solid long-term prospects, fundamentally strong industrial stocks Honeywell International (HON), Caterpillar (CAT), and Ryder System (R) might be worth investing in now. Continue reading.

Although inflation shows continued signs of easing, it remains above the Fed’s comfort level. The Fed has indicated further rate hikes this year to bring inflation down, leading to recession concerns. In this scenario, it could be wise for investors to buy fundamentally strong blue-chip stocks Coca-Cola (KO), McDonald's (MCD),…

Despite the macroeconomic headwinds, total industrial production remained steady in January. Moreover, accelerated adoption of technologically advanced products and increased spending should boost the sector’s growth. Therefore, investors might choose to add quality industrial machinery stocks Honeywell International (HON), Deere & Company (DE), and Caterpillar Inc. (CAT) to their watchlists…

Despite the near-term macroeconomic headwinds, industrial production in the United States is expected to maintain its upward trajectory with political and financial support to encourage the reshoring of manufacturing. Hence, investors could consider buying fundamentally strong industrial stocks Caterpillar (CAT), Powell Industries (POWL), and LSI Industries (LYTS) this month. Keep…

Despite the near-term macroeconomic headwinds, the industrial sector is expected to witness solid long-term growth supported by government funding and technological advancements. So, investors could consider buying fundamentally strong industrial stocks Caterpillar (CAT), General Electric (GE), and Myers Industries (MYE) in 2023. Keep reading.

Industrial production data remains considerably positive in the United States. Moreover, lucrative federal investments should boost the industrial sector. Therefore, quality industrial stocks Caterpillar (CAT), Tennant Company (TNC), and Apogee Enterprises (APOG) could be worth buying in 2023. Keep reading.