Top 5 Valued Stocks To Buy For 2015: Caterpillar Inc.(CAT)
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The Machinery business offers construction, mining, and forestry machinery, including track and wheel tractors, track and wheel loaders, pipelayers, motor graders, wheel tractor-scrapers, track and wheel excavators, backhoe loaders, log skidders, log loaders, off-highway trucks, articulated trucks, paving products, skid steer loaders, underground mining equipment, tunnel boring equipment, and related parts. It also manufactures diesel-electric locomotives; and manufactures and services rail-related products and logistics services for other companies. The Engines business provides diesel, heavy fuel, and natural gas reciprocating engines for Caterpillar machinery, electric power generation systems, marine, petrol eum, construction, industrial, agricultural, and other applications. It offers industrial turbines and turbine-related services for oil and gas, and power generation applications. This business also remanufactures Caterpillar engines, machines, and engine components; and offers remanufacturing services for other companies. The Financial Products business provides retail and wholesale financing alternatives for Caterpillar machinery and engines, solar gas turbines, and other equipment and marine vessels, as well as offers loans and various forms of insurance to customers and dealers. It also offers financing for vehicles, power generation facilities, and marine vessels. The company markets its products directly, as well as through its distribution centers, dealers, and distributors. It was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. Ca! terpillar Inc. was founded in 1925 and is headquartered in Peoria, Illinois.
Advisors' Opinion:- [By Ben Levisohn]
If only we had that kind of brain power Lucy does, we’ obviously have been able to make sense of this week’s market moves. But alas: The S&P 500 finished the week little change at 1,978.34, while the Dow Jones Industrial Average fell 0.8% to 16,960.57. The Nasdaq Composite gained 0.4% 4,449.56, while the small-company Russell 2000 fell 0.6% to 1,144.34. Stranger still: The market received some fairly solid news–including the fewest jobless since 2006–and couldn’t capitalize on it. Part of the problem was some high-profile earnings disappointments from the likes of Caterpillar (CAT) and Boeing (BA), which would weigh more heavily on the price-weighted Dow. What a mess.
- [By Ben Rooney]
Other notable movers: Caterpillar (CAT) shares fell after the construction equipment maker lowered the mid-point of its 2014 sales outlook, citing weakness in China. 3M (MMM) shares edged higher after the company reported earnings that met analysts' expectations.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-valued-stocks-to-buy-for-2015-2.html
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