Is Caterpillar Stock a Buy After Recent Bump?
(NYSE: CAT) stock has been on a strong run recently, up almost 32% year to date. The move reflects solid underlying demand, optimism over long-term infrastructure spending, and the company's surprisingly strong exposure to the artificial intelligence/data center investing theme.
Is all this enough to make the stock a buy at current levels? Here's the lowdown.
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Source Fool.com
Caterpillar Inc. Stock
€492.50
1.970%
The stock is one of the favorites of our community with 44 Buy predictions and 4 Sell predictions.
As a result the target price of 539 € shows a slightly positive potential of 9.44% compared to the current price of 492.5 € for Caterpillar Inc..
