Saturday, February 3, 2018

Caterpillar Stock Looks Well Set For 2018

Given the kind of year Caterpillar Inc. (NYSE:CAT) just had -- the stock rose nearly 70% in 2017 as it doubled its full-year earnings expectations -- it will be hard for the company to better it. However, that doesn't mean Caterpillar and its stock can't have another great year. A combination of positive momentum in its end markets and the benefits of substantive cost-cutting have positioned it strongly for 2018, so let's take a closer look at its prospects.

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