Caterpillar Rises On Unusually High Volume (CAT)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Caterpillar (NYSE: CAT) is trading at unusually high volume Monday with 13.1 million shares changing hands. It is currently at two times its average daily volume and trading up $1.88 (+2.3%) at $82.31 as of 1:26 p.m. ET.

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Caterpillar has a market cap of $52.71 billion and is part of the industrial goods sector and industrial industry. Shares are down 10.2% year to date as of the close of trading on Friday.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Caterpillar as a buy. 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.

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