Reported 2 days ago
Caterpillar's stock shows potential for a buy as retail sales to end users recover, with dealer inventory lower than expected. Although the company faced a 10% drop in sales and a 27% decline in operating profit, signs of increased demand and strong guidance from management indicate a favorable outlook. Investors should pay attention to improvements in price realization and the effects of tariffs for unlocking future profitability.
Source: YAHOO