Caterpillar Inc (CAT): Today's Featured Industrial Winner
(
) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.4%. By the end of trading, Caterpillar rose $1.06 (1.3%) to $83.20 on light volume. Throughout the day, 4,547,340 shares of Caterpillar exchanged hands as compared to its average daily volume of 6,772,200 shares. The stock ranged in a price between $82.25-$83.20 after having opened the day at $82.40 as compared to the previous trading day's close of $82.14. Other companies within the Industrial industry that increased today were:
China Recycling Energy Corporation
(
), up 19.1%,
(
), up 9.8%,
(
), up 8.9% and
(
), up 7.7%.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $53.8 billion and is part of the industrial goods sector. Shares are down 8.3% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Caterpillar
as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Caterpillar Ratings Report.
On the negative front,
(
), down 12.7%,
(
), down 7.8%,
(
), down 5.8% and
China Ming Yang Wind Power Group
(
), down 5.5% , were all laggards within the industrial industry with
(
) being today's industrial industry laggard.
- Use our industrial section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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