Reported about 1 month ago
The industrial sector has been trading at a premium compared to the S&P 500 due to factors like easing interest rates, boosting performance for companies such as Deere & Company and Caterpillar. Jonathan Sakraida from CFRA Research indicates high expectations for sales and earnings recovery in 2025, but warns of increasing valuations and deteriorating fundamentals in companies like Deere, urging investors to be selective in their investments.
Source: YAHOO