Caterpillar Best Dow Stock Up 39% In 2016
Caterpillar (NYSE: CAT) is the best performing Dow (DJIA) stock of 2016, so far, up 38% to $94. The Dow has risen just over 14% over the same period to 19,934. The…
Caterpillar (NYSE: CAT) is the best performing Dow (DJIA) stock of 2016, so far, up 38% to $94. The Dow has risen just over 14% over the same period to 19,934. The…
As the year draws to a close, Caterpillar investors are seeing some changes in the company’s executive ranks, following the previous announcement that Jim Umpleby will become Caterpillar's CEO.
December 20, 2016: Markets opened higher again Tuesday and the DJIA once again flirted with 20,000, but stopped short at a new record of just under 19,988. Leading sectors included financials and…
For the best-performing stock among the Dow 30 industrials, Caterpillar does not have a lot to shout about when it comes to retail sales.
The holidays are a particularly cruel time to lay off people, or to tell them they will be laid off soon. That has not stopped a number of companies from doing so.
December 16, 2016: Markets opened higher again Friday but equities seemed to prefer trading sideways for most of the afternoon. Among the sectors, utilities and real estate performed best while tech and…
December 14, 2016: Markets opened slightly higher Wednesday but the FOMC announcement set shares below the break-even line in mid-afternoon and they never recovered. Only the tech sector traded (just barely) in…
At the end of each year, investors look for opportunities and safe harbors to park their money for the year ahead. Investors who love dividends often consider the so-called Dogs of the…
Banker Jamie Dimon, chairman and CEO of JPMorgan Chase & Co. (NYSE: JPM), was named Wednesday to succeed Caterpillar Inc. (NYSE: CAT) chairman and CEO Doug Oberhelman as chairman of the Business…
December 6, 2016: Markets opened slightly higher Tuesday and the three major indexes moved within a fairly narrow range. Crude prices dropped back a little and now traders are trying to position…
The Dow Jones Industrial Average is up a staggering 1,200 points plus since the election, and the thing many don’t realize is that just three stocks have accounted for over half of…
December 2, 2016: Markets opened mixed Friday as the blue chips that have been rising steadily showed some weakness. Among S&P’s 11 sectors, real-estate posted the largest gain and financials posted the…
Caterpillar (NYSE: CAT) has had a hard time the past few years and the need for heavy equipment has faltered. Better results and the election of Donald Trump, however, have driven its…
In the first days of each year, 24/7 Wall St. uses the average implied upside of each Dow Jones Industrial Average component to generate an upside price target. It has been off…
The shares in heavy equipment maker Caterpillar (NYSE: CAT) are up more than any other component of the Dow (DJIA) this year, by 36.86% to $93.01. Despite unimpressive quarterly results, the new…