Does Caterpillar Support Higher Prices?

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With shares of Caterpillar (NYSE:CAT) trading at around $85, is the company an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

T = Trends for a Stock’s Movement

Caterpillar manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The company operates in two segments: machinery and power systems, and financial products. Caterpillar is a bellwether in the industrial development arena. As global growth is on the rise, look for companies such as Caterpillar to be well-positioned to capitalize on this movement.

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Head on over to the next page to explore the technical landscape of Caterpillar’s stock…

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