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Mine For Profits in Caterpillar Inc. (CAT) Stock for Free

After the U.S. 2016 elections, Caterpillar Inc. (NYSE:CAT) stock joined the general markets in the Donald Trump rally, and it did so in a fantastic way. This brings CAT stock’s 18-month rally to 57% upside. Such a rise, while it rewards current stakeholders, it presents challenges to those who want to get on board.

CAT Stock: Mine For Profits in Caterpillar Inc. (CAT) Stock for Free

When stocks rally this fast, they perpetually seem on the verge of a correction. So potential investors wait, holding out for a dip that may never come. And often when there is a dip, then they are afraid to catch the proverbial falling knife.

In CAT’s case, the stock has headline challenges, including ongoing potential regulatory issues. Yet, it still powers ahead. Stocks that don’t fall on bad news have strong momentum behind which I can sell risk for income.

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Largely responsible for the upside that investors are pricing into CAT stock is the promise of fiscal spending here and the ongoing global efforts to spruce up growth. This should translate into more demand on...