Opinions Jennifer Radman
CaterpillarCATCOMMENTMay 24, 2016
Jennifer RadmanStock price when the opinion was issued
As of Jun 05, 2026. Market Open.
You might be interested:
Has seen many upgrades. Their earnings were out of control. They have $60 billion in backlog orders, and revenues up over 20%. Loves it.
Kevin Simpson
Equipment dealers are a great place to be -- pass through inflation very well, good plays on mining and global growth. TIH and FTT have the same type of chart, but not so much with WJX.
Technically, over its skis. So don't buy here. But the theme has legs for the next 3-5 years. FTT is a better deal (but at a lower level as well).
All 3 of the Top Picks today involve taking a bit of money away from the infrastructure plays.
This name plus WMT have been using AI the most and for the longest. Has autonomous and semi-autonomous machines. For those machines that have drivers, they just launched a CAT-AI system -- like having a friend and a coach in the cab. AI is being used for predicting and for supply chains.
His 12-month price target is $750. Buy 1/3 here, another ~$645, and the final 1/3 ~$605. Yield is 0.89%.
Kim Bolton
Their segments include mining, energy exposure and construction around energy. If you look at all their segments, there is just no good part of the business that is working right now. Have done a fantastic job of managing costs, but it is a very tough environment. The big question is, where are we in the cycle and are we close to a bottom. Expectations are still being reset lower with some caution on the stock. Reported in April and earnings came in slightly below. Revenue was better, but they did cut their profit outlook.