Best Value Companies To Watch For 2015: Caterpillar Inc.(CAT)
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The Machinery business offers construction, mining, and forestry machinery, including track and wheel tractors, track and wheel loaders, pipelayers, motor graders, wheel tractor-scrapers, track and wheel excavators, backhoe loaders, log skidders, log loaders, off-highway trucks, articulated trucks, paving products, skid steer loaders, underground mining equipment, tunnel boring equipment, and related parts. It also manufactures diesel-electric locomotives; and manufactures and services rail-related products and logistics services for other companies. The Engines business provides diesel, heavy fuel, and natural gas reciprocating engines for Caterpillar machinery, electric power generation systems, marine, petrol eum, construction, industrial, agricultural, and other applications. It offers industrial turbines and turbine-related services for oil and gas, and power generation applications. This business also remanufactures Caterpillar engines, machines, and engine components; and offers remanufacturing services for other companies. The Financial Products business provides retail and wholesale financing alternatives for Caterpillar machinery and engines, solar gas turbines, and other equipment and marine vessels, as well as offers loans and various forms of insurance to customers and dealers. It also offers financing for vehicles, power generation facilities, and marine vessels. The company markets its products directly, as well as through its distribution centers, dealers, and distributors. It was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. Caterpillar Inc. was founded in 1925 and is headquartered in Peoria, Illinois.
! Advisors' Opinion:- [By Ben Levisohn]
Shares of Joy Global, which competes with the likes of Caterpillar (CAT), Terex (TEX) and Deere (DE), have plunged today after the machinery maker announced disappointing earnings and guidance.
- [By John Divine]
That said, there was a modicum of more straightforward logic behind today's slump: Dow Jones Industrial Average (DJINDICES: ^DJI ) component Caterpillar (NYSE: CAT ) issued a gloomy outlook for the coming year and disappointed on earnings. The Dow ended with 25-point, or 0.2%, losses, closing at 15,542.
- [By Dan Caplinger]
Next Monday, Caterpillar (NYSE: CAT ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever surprises inevitably arise. That way, you'll be less likely to have an uninformed, knee-jerk reaction that turns out to be exactly the wrong move.
- [By Dan Caplinger]
Finally, Caterpillar (NYSE: CAT ) continued its poor performance, falling another 1.5% and coming closer to flirting with a new multi-year low. A minor bounce in precious metals prices has helped to reverse a small part of gold's big decline from earlier this year, bringing some hope that mining activity might rise and increase demand for Caterpillar's mining equipment. Yet, even amid signs of relative strength in the U.S., the economies of the rest of the world don't look nearly as perky, and that should keep a lid over Caterpillar's prospects until the trend reverses itself.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-value-companies-to-watch-for-2015.html
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