Why Is Caterpillar Soaring in 2017?
Caterpillar Inc. (NYSE: CAT) investors have enjoyed watching their stock appreciate nearly 24% in 2017 and 38% in the past year, so perhaps now it's time to take a step backward and look at just what's happened to propel the price higher. The construction and mining equipment company has outperformed the S&P 500 by some 15% this year, so clearly there's something stock-specific going on.
I have three reasons for what we've seen:
Image source: Getty Images.
Source: Fool.com
Caterpillar Inc. Aktie
769,80 €
0,73 %
Aktuell gibt es mit 61 Buy-Einschätzungen und 6 Sell-Einschätzungen ein positives Sentiment für die Caterpillar Inc. Aktie.
Ein leicht positives Potenzial wird für Caterpillar Inc. mit einem Kursziel von 782 € im Vergleich zu 769.8 € gesehen.
