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) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Caterpillar fell $2.08 (-2.4%) to $83.44 on heavy volume. Throughout the day, 16,507,899 shares of Caterpillar exchanged hands as compared to its average daily volume of 6,218,800 shares. The stock ranged in price between $82.64-$85.28 after having opened the day at $84.58 as compared to the previous trading day's close of $85.52. Other companies within the Industrial industry that declined today were:
), down 17.9%,
), down 6.8%,
), down 5.4% and
), down 5.2%.
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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 $56.6 billion and is part of the industrial goods sector. Shares are down 4.0% year to date as of the close of trading on Tuesday. 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
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity and increase in stock price during the past year. 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 positive front,
), up 49.2%,
), up 10.9%,
), up 8.2% and
), up 5.5% , were all gainers within the industrial industry with
) being today's featured industrial industry leader.
- 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
) while those bearish on the industrial industry could consider
- Find other investment ideas from our top rated ETFs lists.