2. As of noon trading, Caterpillar ( CAT) is down $0.54 (-0.6%) to $83.76 on light volume. Thus far, 1.7 million shares of Caterpillar exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $83.61-$84.29 after having opened the day at $84.11 as compared to the previous trading day's close of $84.30.

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 $55.5 billion and is part of the industrial industry. Shares are down 5.9% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 8 rate it a hold.

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, 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. Get the full Caterpillar Ratings Report now.

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