Actionable news
All posts from Actionable news
Actionable news in CAT: CATERPILLAR Inc,

Caterpillar Could Break Out on Solid Earnings

Caterpillar (CAT) stock could break higher if the heavy-machinery company can surprise Wall Street with an earnings beat on Tuesday -- something it has achieved just once in the past four quarters. But revenue expectations are still low.

The stock, meanwhile, has crushed even the most bullish assumptions, soaring some 40% since bottoming out at around $57 in January and reaching a 52-week high of $81.38 last week. That's almost 20% above its consensus price target...