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
€653.00
4.490%
With 49 Buy predictions and 4 Sell predictions Caterpillar Inc. is one of the favorites of our community.
On the other hand, the target price of 606 € is below the current price of 653.0 € for Caterpillar Inc., so the potential is actually -7.2%.
