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HISTORICAL FACTS: 2 | History Defined

Best Industrial Stock to Buy for Summer 2023

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.

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3 Industrial Stocks Delivering Consistent and Substantive Long-Term Income

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.

StockNews.com

The 3 Best Industrial Stocks to Invest Money in Now

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.

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3 Blue-Chip Stocks to Buy Now for Safe and Steady Returns

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),…

StockNews.com

3 Industrial Machinery Stocks to Stick on Your Watchlist Now

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…

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3 Industrial Stocks to Add to Your Portfolio in March

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…

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3 Industrial Stocks Looking Better Than the Rest in 2023

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.

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3 Industrial Stocks You'll Be Glad You Bought in 2023

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.

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1 Industrial Machinery Stock to Watch Right Now

Construction equipment manufacturer Caterpillar (CAT) gained more than 30% over the past six months and recently hit its 52-week high. It delivered double-digit top-line growth and generated strong free cash flow in the past fiscal year. Moreover, sustained demand, strategic partnerships, and favorable federal infrastructure initiatives position the company to…

StockNews.com

2 Industrial Stocks to Buy Now and Hold for the Long Term

Industrial production increased in the last month of 2022 despite the macro headwinds. Moreover, growing demand for industrial goods and services and favorable federal funding should bolster the industry’s prospects. Therefore, fundamentally sound industrial stocks Caterpillar (CAT) and ABB (ABB) might be ideal buys for the long term. These stocks…

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CAT Stock Hits 52-Week High. Is It a Buy?

Construction equipment manufacturer Caterpillar (CAT) delivered solid top-line growth in its last reported quarter. The company’s growth prospects look bright, thanks to healthy demand and increased federal infrastructure spending. The stock recently hit its 52-week high and outpaced the broader market by gaining more than 35% over the past six…

StockNews.com

3 Industrial Stock That Will Help Keep Your Retirement Account Safe

Strong demand, along with favorable government funding and policies, should result in the industrial sector’s robust growth in the foreseeable future. Given this backdrop, quality industrial stocks that pay stable dividends, BHP Group (BHP), Caterpillar (CAT), and Tennant Company (TNC), could be solid buys to keep your retirement account safe.…

StockNews.com

2 Industrial Stocks to Buy Right Now That Are Better Than 3M

Despite the ongoing supply chain disruptions, the industrial sector has witnessed growth in factory production. Additionally, accelerating the adoption of advanced technology should boost the industry’s prospects. The industrial conglomerate 3M Company (MMM) has recently announced layoffs, and its overhanging legal woes look concerning. Thus, we think fundamentally strong industrial…

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3 Dividend Stocks That Could Pay You for Life

Although inflation seems to be cooling down, it is far from the Fed’s target level. And the central bank is expected to continue its interest rate hikes, further slowing down the economy. In these uncertain times, dividend stocks Coca-Cola (KO), Kimberly-Clark (KMB), and Caterpillar (CAT) might be ideal investments to…

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1 Industrial Stock That’s Still a Buy Amid Supply Chain Bottlenecks

Supply chain kinks have been a major challenge for the industrial sector. However, despite supply chain bottlenecks, the industrial company Caterpillar’s (CAT) delivered robust financial growth. Hence, this stock might be a buy now. Keep reading….

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5 Stocks You'll Want in Your Corner if a Recession Hits

Growing fears over a potential recession due to high inflation and the Federal Reserve’s aggressive interest rate hikes should keep the stock market highly volatile in the upcoming months. However, investors could consider buying relatively stable and dividend-paying stocks Procter & Gamble (PG), AbbVie (ABBV), Abbott (ABT), Caterpillar (CAT), and…

Tribune News Service

Caterpillar relocates headquarters from Chicago area to Irving

Industrial giant Caterpillar Inc. is relocating its headquarters from Deerfield, Illinois, to Irving, Texas.

Benzinga

Caterpillar Hikes dividend By 8%

Caterpillar Inc. (NYSE:CAT) raised the quarterly cash dividend by 8% to $1.20 from $1.11 per share of common stock. The new dividend is payable on August 19, 2022, to shareholders of record at the close of business on July 20, 2022. "We intend to return substantially all ME&T free cash flow to shareholders…

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Bangkok Post

Caterpillar Works to Turn Used Engines Into Money

Construction equipment maker Caterpillar Inc wants to sell engines -- again and again.

Benzinga

Caterpillar Expands Its Remanufacturing Business

Caterpillar Inc.

Benzinga

Caterpillar Acquires Tangent Energy Solutions For Undisclosed Sum

Caterpillar Inc. (NYSE:CAT) has acquired Tangent Energy Solutions, a U.S.-based energy-as-a-service (EaaS) company. Deal terms were not disclosed. Kennett Square, Pennsylvania-based Tangent offers customers turnkey solutions to lower energy costs, boost energy efficiency, reduce emissions, monetize electric grid support, and provide resiliency for customer operations. Tangent's software solutions monitor patterns from grid…

Benzinga

Why Caterpillar Shares Are Trading Lower Today

Caterpillar Inc (NYSE:CAT) reported first-quarter FY22 sales and revenue growth of 14.3% year-over-year to $13.59 billion, beating the consensus of $13.40 billion. Revenue growth was driven by higher sales volume and favorable price realization, partially offset by unfavorable currency impacts. Segment Revenue: Construction Industries $6.12 billion (+12% Y/Y), Resource Industries $2.83 billion (+30%…

Benzinga

Peering Into Caterpillar Inc's Recent Short Interest

Caterpillar Inc's (NYSE:CAT) short percent of float has fallen 16.67% since its last report. The company recently reported that it has 5.35 million shares sold short, which is 1.0% of all regular shares that are available for trading.

Benzinga

What's Going On With Caterpillar Shares?

Caterpillar Inc. (NYSE: CAT) shares are trading lower by 1.64% at $219.17 Friday afternoon on average volume. It was a quiet week for the industrial giant. JP Morgan analyst Tami Zakaria maintained Caterpillar on Monday with an Overweight and raised the price target from $241 to $257.

Benzinga

Peering Into Caterpillar Inc's Recent Short Interest

Caterpillar Inc's (NYSE:CAT) short percent of float has risen 7.14% since its last report. The company recently reported that it has 6.43 million shares sold short, which is 1.2% of all regular shares that are available for trading.

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