Caterpillar, Inc. (NYSE:CAT)
CAPS Rating:
The company is engaged in construction & mining equipment, diesel & natural gas engines and industrial gas turbines in its size range. It operates in 3 principal lines of business: Machinery, Engines and Financial Products.
RSS Headlines
Fool UK
Recs
Trading well below the 200 DMA of $96.67. Current P/E of 10.34 and a Forward P/E of 7.21. Oversold at this point. Value play for a long term hold in my opinion. Looking for a return to the 52 week high of $116.95 but in the meantime the 2.54% yield looks attractive for this stock.