Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $123.00 short put and a strike $118.00 long put offers a potential 28.87% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $123.00 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $3.88 would be incurred if the stock dropped below the $118.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Caterpillar is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Caterpillar is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Caterpillar
Caterpillar, Inc. :CAT-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017
Thu, 21 Sep 2017 17:01:12 +0000
Categories: Yahoo FinanceGet free summary analysis Caterpillar, Inc. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Caterpillar, Inc. – Deere & Company, Cummins Inc., CNH Industrial NV, Komatsu Ltd. Sponsored ADR and Astec Industries, Inc. (DE-US, CMI-US, CNHI-US, KMTUY-US and ASTE-US) that have also reported … Read more
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Caterpillar Reports 11% Jump in Global Machine Retail Sales in August
Thu, 21 Sep 2017 14:23:00 +0000
The 11% year-over-year uptick in worldwide machine sales in August is roughly unchanged from the 12% increase in July.
3 Strong Buy Construction Stocks to Consider Right Now
Wed, 20 Sep 2017 22:50:10 +0000
When President Donald Trump initially proposed his $1 trillion, 10-year infrastructure plan, which seeks to rebuild the nation's roads, tunnels, and bridges, construction firms turned cautiously optimistic. Today, we've highlighted three construction stocks that sit at a #1 (Strong Buy) or #2 (Buy) on the Zacks Rank, and boast strong growth and value fundamentals.
This Week's Top Growth & Income Stocks
Wed, 20 Sep 2017 19:18:07 +0000
Two Strong Buy stocks from the top ranked Manufacturing industry are this week's Growth & Income picks (CAT, HEES).
Caterpillar May Be Ready to Take a Breather
Wed, 20 Sep 2017 15:28:00 +0000
Raise stop protection on CAT.
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