Caterpillar is a leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The company serves a diverse range of industries, offering products designed for various applications such as construction, agriculture, mining, and energy production. With a strong emphasis on innovation and sustainability, Caterpillar develops advanced machinery and technology solutions aimed at increasing productivity and efficiency for its customers. Additionally, the company provides extensive support services, including parts and maintenance, ensuring that clients can rely on their equipment for optimal performance over time. Read More
Caterpillar (NYSE:CAT) has outperformed the market over the past 15 years by 3.09% on an annualized basis producing an average annual return of 16.49%. Currently, Caterpillar has a market capitalization of $383.43
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Caterpillar Inc (NYSE:CAT) shares are retreating Wednesday after Baird stripped the heavy equipment maker of its bullish rating and delivered an aggressive price target reduction.
CAT stock pulled Dow Jones Industrial Average futures lower after Baird downgraded the heavy equipment giant, citing New York's data center moratorium.
