Here's Why You Should Add Caterpillar To Your Portfolio Now
Zacks Investment Research | Jul 05, 2019 08:40AM ET
Caterpillar Inc. (NYSE:CAT) has delivered year-over-year improvement in the last nine quarters, driven by continued strength in many of its end markets and incessant focus on cost control that helped counter input cost inflation. Momentum in its markets and higher backlog bode well for future quarters as well. Furthermore, increasing commodity prices and continued expansion in the manufacturing sector are likely to aid this mining and construction equipment behemoth.
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Caterpillar’s shares have gained 0.1% in the past year against the Zacks Investment Research
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