Why Caterpillar's Q3 Earnings Beat Was Just the Start of the Good News
In this Market Foolery podcast segment, host Chris Hill is joined by Motley Fool investor at large Tim Hanson to talk about construction equipment stalwart Caterpillar (NYSE: CAT), which turned in a strong earnings report and raised guidance again. After a dismal five years or so, U.S. housing is booming, and some of its investments are finally paying off. This Dow stock is up around 50% this year. So how is the valuation today?
A full transcript follows the video.
Source: Fool.com
Caterpillar Inc. Stock
€311.50
-0.480%
With 14 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 316 € there is a slightly positive potential of 1.44% for Caterpillar Inc. compared to the current price of 311.5 €.
