Caterpillar

CAT-N

NYSE:CAT

142.72
1.67 (1.18%)
Caterpillar Inc. is an American corporation which designs, develops, engineers, manufactures, markets and sells machinery, engines, financial products and insurance to customers via a worldwide dealer network.
More at Wikipedia

Analysis and Opinions about CAT-N

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 18, 2019
It's too early to buy this. The trade war needs to be resolved, since China is so important to CAT. He doesn't own CAT because of its cyclical nature.
Caterpillar (CAT-N)
September 18, 2019
It's too early to buy this. The trade war needs to be resolved, since China is so important to CAT. He doesn't own CAT because of its cyclical nature.
Gordon Reid
President, GoodReid Investment Counsel
Price
$131.070
Owned
No
DON'T BUY
DON'T BUY
September 12, 2019
Make heavy equipment. Decelerating demand. Too cyclical to buy for where we are in the cycle. Very well managed.
Caterpillar (CAT-N)
September 12, 2019
Make heavy equipment. Decelerating demand. Too cyclical to buy for where we are in the cycle. Very well managed.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$131.750
Owned
Unknown
BUY
BUY
August 20, 2019

Pays a good 3.5% yield with a 10x PE, which are likely depressed by the global slowdown and the trade war, but the slowdown will turn. Buy this if you have a 3-5-year horizon. Governments need to start spending on infrastructure to get economies going. Also look at CMI-N.

Caterpillar (CAT-N)
August 20, 2019

Pays a good 3.5% yield with a 10x PE, which are likely depressed by the global slowdown and the trade war, but the slowdown will turn. Buy this if you have a 3-5-year horizon. Governments need to start spending on infrastructure to get economies going. Also look at CMI-N.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$116.670
Owned
Unknown
DON'T BUY
DON'T BUY
August 14, 2019
A cyclical stock whose customers are into mining and forestry. Not the best time to be entering into this space.
Caterpillar (CAT-N)
August 14, 2019
A cyclical stock whose customers are into mining and forestry. Not the best time to be entering into this space.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$115.210
Owned
Unknown
DON'T BUY
DON'T BUY
June 17, 2019
It's under heavy pressure from an overhang from the resources slump and, before, the steel tarffis. There are better opportunities elsewhere.
Caterpillar (CAT-N)
June 17, 2019
It's under heavy pressure from an overhang from the resources slump and, before, the steel tarffis. There are better opportunities elsewhere.
Andrew Pink
Portfolio Manager, LDIC
Price
$127.320
Owned
No
PAST TOP PICK
PAST TOP PICK
May 22, 2019
(A Top Pick May 24/18, Down 20%) This is a highly cyclical name. Looking at slowing global growth and he prefers more defensive names. This is an industrial name and prefers Waste Management in this space. He expects CAT just to move sideways.
Caterpillar (CAT-N)
May 22, 2019
(A Top Pick May 24/18, Down 20%) This is a highly cyclical name. Looking at slowing global growth and he prefers more defensive names. This is an industrial name and prefers Waste Management in this space. He expects CAT just to move sideways.
Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$123.560
Owned
No
BUY
BUY
February 19, 2019
Call option? CAT should rally if the China-US trade deal is signed. If you sell a call option on CAT, go 5-8% out. A deal is only partially priced in now.
Caterpillar (CAT-N)
February 19, 2019
Call option? CAT should rally if the China-US trade deal is signed. If you sell a call option on CAT, go 5-8% out. A deal is only partially priced in now.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$135.800
Owned
Unknown
WATCH
WATCH
June 18, 2018

He's watching it. On their conference call Q1 there was a major misunderstanding about the guidance they gave; no, they haven't hit their peak for the year. Rather they reached the high point on their margin percentage. The street reacted negatively and sold. It was astonishing. A fine company, but he's not sure this is the best company in this space and there's a lot of competition here.

Caterpillar (CAT-N)
June 18, 2018

He's watching it. On their conference call Q1 there was a major misunderstanding about the guidance they gave; no, they haven't hit their peak for the year. Rather they reached the high point on their margin percentage. The street reacted negatively and sold. It was astonishing. A fine company, but he's not sure this is the best company in this space and there's a lot of competition here.

David Fingold
VP and Portfolio Manager, Dynamic Funds
Price
$148.680
Owned
No
DON'T BUY
DON'T BUY
May 31, 2018

A big name but has a lot of debt. Big US company. A perfect target for tariffs. Trades at reach valuations. He would be cautious.

Caterpillar (CAT-N)
May 31, 2018

A big name but has a lot of debt. Big US company. A perfect target for tariffs. Trades at reach valuations. He would be cautious.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$151.910
Owned
No
TOP PICK
TOP PICK
May 24, 2018

Just bought it this month. The global economy is accelerating, and sales are doing well. There is a recovery in commodity prices and that is helping them. Trading at 14 times earnings with a 20% growth rate. (Analysts’ price target is $172.32)

Caterpillar (CAT-N)
May 24, 2018

Just bought it this month. The global economy is accelerating, and sales are doing well. There is a recovery in commodity prices and that is helping them. Trading at 14 times earnings with a 20% growth rate. (Analysts’ price target is $172.32)

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$155.850
Owned
Yes
TOP PICK
TOP PICK
May 24, 2018

Just bought it this month. The global economy is accelerating, and sales are doing well. There is a recovery in commodity prices and that is helping them. Trading at 14 times earnings with a 20% growth rate. (Analysts’ price target is $172.32)

Caterpillar (CAT-N)
May 24, 2018

Just bought it this month. The global economy is accelerating, and sales are doing well. There is a recovery in commodity prices and that is helping them. Trading at 14 times earnings with a 20% growth rate. (Analysts’ price target is $172.32)

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$155.850
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 15, 2018

(A Top Pick Feb 13’17, Down 64.73%) He thought it had down legs. Global growth was greater than expected. They restructured so much that their earnings grew. It is still a cyclical industry. He could see being short of this stock.

Caterpillar (CAT-N)
February 15, 2018

(A Top Pick Feb 13’17, Down 64.73%) He thought it had down legs. Global growth was greater than expected. They restructured so much that their earnings grew. It is still a cyclical industry. He could see being short of this stock.

John Zechner
Chairman, J. Zechner & Assoc
Price
$159.980
Owned
Yes
BUY
BUY
February 8, 2018

AAPL-Q vs. CAT-N. CAT-N is machinery and has been a hero. They both really pulled back. CAT-N had a 22% earnings beat last quarter. AAPL-Q is really the iPhone X or 10 story. They missed on units. It is not a lost leader but the concept applies. This will be used like the iPad with augmented reality. You are in a very expensive period of time – an air pocket. AAPL-Q is a great company, however.

Caterpillar (CAT-N)
February 8, 2018

AAPL-Q vs. CAT-N. CAT-N is machinery and has been a hero. They both really pulled back. CAT-N had a 22% earnings beat last quarter. AAPL-Q is really the iPhone X or 10 story. They missed on units. It is not a lost leader but the concept applies. This will be used like the iPad with augmented reality. You are in a very expensive period of time – an air pocket. AAPL-Q is a great company, however.

Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$145.990
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 6, 2017

(A Top Pick Nov 16/16. Down 52%.) *Short* At the time, this was trading at over 30 times earnings, with basically 3 years of down earnings. It was trading at a ridiculously high multiple. They missed on the past 5 quarters, and the stock had run up on the idea that Donald Trump was going to build the wall using thousands of Caterpillar tractors. He underestimated the global recovery, which helped sales. On top of that, they operationally improved their margins to such a degree that earnings recovery has grown through the estimates in the last three quarters. Has shorted again recently because, although a good story, it is trading at 25X what he thinks will be their peak earnings.

Caterpillar (CAT-N)
November 6, 2017

(A Top Pick Nov 16/16. Down 52%.) *Short* At the time, this was trading at over 30 times earnings, with basically 3 years of down earnings. It was trading at a ridiculously high multiple. They missed on the past 5 quarters, and the stock had run up on the idea that Donald Trump was going to build the wall using thousands of Caterpillar tractors. He underestimated the global recovery, which helped sales. On top of that, they operationally improved their margins to such a degree that earnings recovery has grown through the estimates in the last three quarters. Has shorted again recently because, although a good story, it is trading at 25X what he thinks will be their peak earnings.

John Zechner
Chairman, J. Zechner & Assoc
Price
$137.710
Owned
Yes
COMMENT
COMMENT
October 11, 2017

This was basically left for dead and everybody was very negative on it. It hit a low in late January 2016, and has rebounded nicely. It was a long, long decline for the better part of 2 years, and then finally started to turn around, and it is breaking out again. This is its first break-out in 6 years. This is probably a pretty positive thing for everybody in the world, because it means very, very hard-core resources and commodities are getting moved around.

Caterpillar (CAT-N)
October 11, 2017

This was basically left for dead and everybody was very negative on it. It hit a low in late January 2016, and has rebounded nicely. It was a long, long decline for the better part of 2 years, and then finally started to turn around, and it is breaking out again. This is its first break-out in 6 years. This is probably a pretty positive thing for everybody in the world, because it means very, very hard-core resources and commodities are getting moved around.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$128.600
Owned
Unknown
TOP PICK
TOP PICK
September 21, 2017

It has done well through a difficult period. 80% of the revenue from that sector was just replacement parts. This equipment wears out and has to be replaced and maintained. It has the fastest earnings revisions of any S&P company. (Analysts’ target: $125.00).

Caterpillar (CAT-N)
September 21, 2017

It has done well through a difficult period. 80% of the revenue from that sector was just replacement parts. This equipment wears out and has to be replaced and maintained. It has the fastest earnings revisions of any S&P company. (Analysts’ target: $125.00).

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$124.790
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 3, 2017

(A Top Pick June 13/16. Down 57%.) *Short* He closed out the Short on November 15. Overall, they have done really well, and certainly defied many people who thought a Short was a good idea.

Caterpillar (CAT-N)
August 3, 2017

(A Top Pick June 13/16. Down 57%.) *Short* He closed out the Short on November 15. Overall, they have done really well, and certainly defied many people who thought a Short was a good idea.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$113.560
Owned
No
DON'T BUY
DON'T BUY
May 3, 2017

Relative to what they’ve been through, this has really done well. 75% of revenues are global and they are in over 180 countries. Have had a few very tough years from an environment perspective, and have held up very well. Although things are turning around, he would not be a buyer. A lot of their business is in emerging market countries where brand isn’t as important as price, and their main competitor is much cheaper. The stock is way too expensive at around 30X PE.

Relative to what they’ve been through, this has really done well. 75% of revenues are global and they are in over 180 countries. Have had a few very tough years from an environment perspective, and have held up very well. Although things are turning around, he would not be a buyer. A lot of their business is in emerging market countries where brand isn’t as important as price, and their main competitor is much cheaper. The stock is way too expensive at around 30X PE.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$101.540
Owned
Unknown
HOLD
HOLD
February 17, 2017

Things are slowly improving post- the election. It is one of the highest quality players in this area.

Caterpillar (CAT-N)
February 17, 2017

Things are slowly improving post- the election. It is one of the highest quality players in this area.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$98.850
Owned
No
COMMENT
COMMENT
February 15, 2017

The perceived outlook from investors is that this company is well positioned to benefit from infrastructure spending and the global mining boom. Based on the valuation, it is trading above its historical multiple. A lot of the good news is already built into the share price. This is not an overly cheap stock.

Caterpillar (CAT-N)
February 15, 2017

The perceived outlook from investors is that this company is well positioned to benefit from infrastructure spending and the global mining boom. Based on the valuation, it is trading above its historical multiple. A lot of the good news is already built into the share price. This is not an overly cheap stock.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$99.020
Owned
Unknown
TOP PICK
TOP PICK
February 13, 2017

*Short* They’ve missed expectations 14 quarters in a row, 5 down-years of earnings. Management just said expectations were too high for next year. On their website, they are selling used equipment at a discount, rather than new equipment. Doesn’t see where growth is coming from. Dividend yield of 3.13%. (Analysts’ price target is $98.45.)

Caterpillar (CAT-N)
February 13, 2017

*Short* They’ve missed expectations 14 quarters in a row, 5 down-years of earnings. Management just said expectations were too high for next year. On their website, they are selling used equipment at a discount, rather than new equipment. Doesn’t see where growth is coming from. Dividend yield of 3.13%. (Analysts’ price target is $98.45.)

John Zechner
Chairman, J. Zechner & Assoc
Price
$98.500
Owned
Yes
DON'T BUY
DON'T BUY
January 26, 2017

Had a great deal of difficulty for a number of years. They made an untimely move into mining way back. It was untimely. They went way down because commodity prices and economic growth in China both declined. They just reported okay results recently. It is not a near term story. Future good news it built into the stock price so he would avoid it.

Caterpillar (CAT-N)
January 26, 2017

Had a great deal of difficulty for a number of years. They made an untimely move into mining way back. It was untimely. They went way down because commodity prices and economic growth in China both declined. They just reported okay results recently. It is not a near term story. Future good news it built into the stock price so he would avoid it.

Gordon Reid
President, GoodReid Investment Counsel
Price
$97.220
Owned
No
TOP PICK
TOP PICK
November 16, 2016

*Short* This has a little over $3 in earnings, and is trading at over 30X forward earnings. They’ve missed earnings in the past couple of quarters. The machinery capital spending business is slowing down because the mining industry has slowed down. They are starting to sell their own used equipment on their website, because there is not as much demand for the new stuff. The price is dropping at a 5% annual rate on what they are selling,. Dividend yield of 3.3%. (Analysts’ price target is $82.17.)

Caterpillar (CAT-N)
November 16, 2016

*Short* This has a little over $3 in earnings, and is trading at over 30X forward earnings. They’ve missed earnings in the past couple of quarters. The machinery capital spending business is slowing down because the mining industry has slowed down. They are starting to sell their own used equipment on their website, because there is not as much demand for the new stuff. The price is dropping at a 5% annual rate on what they are selling,. Dividend yield of 3.3%. (Analysts’ price target is $82.17.)

John Zechner
Chairman, J. Zechner & Assoc
Price
$93.350
Owned
Yes
COMMENT
COMMENT
August 10, 2016

Any time a company is faced with such a tough environment, they always look at costs. Feels that with the rotation from mining into infrastructure, a lot of stocks have really done well. However, we still haven’t seen the bottom of the downturn.

Caterpillar (CAT-N)
August 10, 2016

Any time a company is faced with such a tough environment, they always look at costs. Feels that with the rotation from mining into infrastructure, a lot of stocks have really done well. However, we still haven’t seen the bottom of the downturn.

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$82.650
Owned
Unknown
DON'T BUY
DON'T BUY
June 23, 2016

Canada has had a huge bounce, and none of these prices make any sense when you look at fundamentals, including mining. His model price is $47.51, a negative 38%. Dividend yield of 4%.

Caterpillar (CAT-N)
June 23, 2016

Canada has had a huge bounce, and none of these prices make any sense when you look at fundamentals, including mining. His model price is $47.51, a negative 38%. Dividend yield of 4%.

Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$78.220
Owned
Unknown
COMMENT
COMMENT
June 14, 2016

When you look at a collapse in an asset class, such as energy in the last 18 months, he has never seen where it bottoms and turns around, and becomes a new leader right away. We have had a great rally in energy and there is some risk that as we get back the cost of production, new production will come on. This company had a tremendous rally since February, but is looking a lot like the energy and metals sectors, and there is some risk that it runs into resistance here and could roll over.

Caterpillar (CAT-N)
June 14, 2016

When you look at a collapse in an asset class, such as energy in the last 18 months, he has never seen where it bottoms and turns around, and becomes a new leader right away. We have had a great rally in energy and there is some risk that as we get back the cost of production, new production will come on. This company had a tremendous rally since February, but is looking a lot like the energy and metals sectors, and there is some risk that it runs into resistance here and could roll over.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$74.860
Owned
Unknown
TOP PICK
TOP PICK
June 13, 2016

*Short* This has had a really nice run off the bottom and is up about 35%. They capitalized big time on a once-in-a-lifetime mining boom, and he doubts if we are going to see that again. There are just too many headwinds. The street is talking up the name, but he could see this halved in price in the next year or so. Dividend yield of 4.09%.

Caterpillar (CAT-N)
June 13, 2016

*Short* This has had a really nice run off the bottom and is up about 35%. They capitalized big time on a once-in-a-lifetime mining boom, and he doubts if we are going to see that again. There are just too many headwinds. The street is talking up the name, but he could see this halved in price in the next year or so. Dividend yield of 4.09%.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$75.230
Owned
Yes
COMMENT
COMMENT
May 24, 2016

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.

Caterpillar (CAT-N)
May 24, 2016

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.

Jennifer Radman
VP & Sr. Portfolio Manager, Caldwell Investment Management
Price
$71.090
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
May 19, 2016

A great company but a chunk of their business is tied to mining. He looked at it and decided he would step in at $60.

Caterpillar (CAT-N)
May 19, 2016

A great company but a chunk of their business is tied to mining. He looked at it and decided he would step in at $60.

Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$69.430
Owned
No
WAIT
WAIT
April 13, 2016

Industrials have broken out and it is very positive right now. The chart has turned, but it is still early in the turn. Dividend yield of about 4%.

Caterpillar (CAT-N)
April 13, 2016

Industrials have broken out and it is very positive right now. The chart has turned, but it is still early in the turn. Dividend yield of about 4%.

Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$79.130
Owned
Unknown
DON'T BUY
DON'T BUY
January 19, 2016

This is going to behave much like emerging markets, and much like the commodity space, and is very close to the epicenter of the problem of the market. Expects it will continue to be under pressure. Even if commodity prices bottom, which he doesn’t think will happen soon, they are likely to remain weak for a long period of time.

Caterpillar (CAT-N)
January 19, 2016

This is going to behave much like emerging markets, and much like the commodity space, and is very close to the epicenter of the problem of the market. Expects it will continue to be under pressure. Even if commodity prices bottom, which he doesn’t think will happen soon, they are likely to remain weak for a long period of time.

David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$59.030
Owned
Unknown
DON'T BUY
DON'T BUY
January 14, 2016

Looks attractive at 13 X earnings, but thinks there will continue to be a slowdown in many parts of the world. Wouldn’t jump into this at this time. Trading well below its 200 day moving average and is below the 50 day moving average as well. Technically there are lower lows and lower highs. Dividend yield of about 4.9%.

Caterpillar (CAT-N)
January 14, 2016

Looks attractive at 13 X earnings, but thinks there will continue to be a slowdown in many parts of the world. Wouldn’t jump into this at this time. Trading well below its 200 day moving average and is below the 50 day moving average as well. Technically there are lower lows and lower highs. Dividend yield of about 4.9%.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$62.270
Owned
No
HOLD
HOLD
December 17, 2015

There is no near term catalyst as their end markets are weak. There is also an inventory of used equipment out there. The balance sheet is strong and the yield is attractive and safe. There are other areas of the market that are more attractive.

Caterpillar (CAT-N)
December 17, 2015

There is no near term catalyst as their end markets are weak. There is also an inventory of used equipment out there. The balance sheet is strong and the yield is attractive and safe. There are other areas of the market that are more attractive.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$64.900
Owned
Unknown
COMMENT
COMMENT
May 19, 2015

Sold his holdings about 6 months ago, just on valuation. It really comes down to global growth for them. Global growth has been dropping. Great company with great products. He is hoping to pick this up at a lower price.

Caterpillar (CAT-N)
May 19, 2015

Sold his holdings about 6 months ago, just on valuation. It really comes down to global growth for them. Global growth has been dropping. Great company with great products. He is hoping to pick this up at a lower price.

Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$87.240
Owned
No
SELL
SELL
February 27, 2015

Agricultural demand for equipment sales was down quite a bit in 2014. They cut costs to stay profitable, which worked. Year-over-year they were positive for 2014. Coming into 2015, the energy crisis hit, so demand for energy equipment is down. There isn’t a real growth catalyst there. They do business in over 180 countries and 75% of their revenues is global, so they have also suffered from the strengthening US$.

Caterpillar (CAT-N)
February 27, 2015

Agricultural demand for equipment sales was down quite a bit in 2014. They cut costs to stay profitable, which worked. Year-over-year they were positive for 2014. Coming into 2015, the energy crisis hit, so demand for energy equipment is down. There isn’t a real growth catalyst there. They do business in over 180 countries and 75% of their revenues is global, so they have also suffered from the strengthening US$.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$82.900
Owned
Unknown
COMMENT
COMMENT
February 27, 2015

Despite some improvements in the construction equipment business, this continues to be hampered by weakness in the mining equipment business. This is one he would be cautious on. Trading at 17X forward earnings with about an 8% long-term growth. This makes it expensive at a 2X PEG ratio.

Caterpillar (CAT-N)
February 27, 2015

Despite some improvements in the construction equipment business, this continues to be hampered by weakness in the mining equipment business. This is one he would be cautious on. Trading at 17X forward earnings with about an 8% long-term growth. This makes it expensive at a 2X PEG ratio.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$82.900
Owned
No
COMMENT
COMMENT
February 13, 2015

Industrials tend to have a period of seasonal strength between January all the way through to May. This one is no different. The average gain for that period is about 15%. However, this one is not doing too well. Since we do have a significant low in the US$, and it is going to trend higher over the long term, what you see is the material stocks and the energy stocks tend to underperform over the long-term. This looks like it is struggling right now.

Caterpillar (CAT-N)
February 13, 2015

Industrials tend to have a period of seasonal strength between January all the way through to May. This one is no different. The average gain for that period is about 15%. However, this one is not doing too well. Since we do have a significant low in the US$, and it is going to trend higher over the long term, what you see is the material stocks and the energy stocks tend to underperform over the long-term. This looks like it is struggling right now.

Jon Vialoux
Research Analyst, CastleMoore Inc.
Price
$85.130
Owned
Unknown
DON'T BUY
DON'T BUY
February 9, 2015

China has a big role in this one’s prospects. They also are impacted by the general construction industry. He is concerned here. There are so many rigs coming off line. He would be hesitant to invest in this one at this time. HON-N would be his preference.

Caterpillar (CAT-N)
February 9, 2015

China has a big role in this one’s prospects. They also are impacted by the general construction industry. He is concerned here. There are so many rigs coming off line. He would be hesitant to invest in this one at this time. HON-N would be his preference.

Mark Grammer
Managing Dir. & Portfolio Manager, Gluskin Sheff & Associates
Price
$84.670
Owned
Unknown
SELL
SELL
January 16, 2015

Where this company goes, depends on China. Last year, with mining equipment sales down, they had to really cut prices to finish the year in the green. In 2015, there are all kinds of declines, especially in the energy space. In terms of their agriculture and equipment sales, he thinks they’re going to continue the need to cost cut to keep revenues up. He can’t see where the growth catalyst will come from.

Caterpillar (CAT-N)
January 16, 2015

Where this company goes, depends on China. Last year, with mining equipment sales down, they had to really cut prices to finish the year in the green. In 2015, there are all kinds of declines, especially in the energy space. In terms of their agriculture and equipment sales, he thinks they’re going to continue the need to cost cut to keep revenues up. He can’t see where the growth catalyst will come from.

Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$83.860
Owned
No
PAST TOP PICK
PAST TOP PICK
October 30, 2014

(Top Pick Oct 30’13, Up 22.60%) They came out with disastrous earnings about a year ago and gapped down. After gapping down, stocks usually get filled back in again.

Caterpillar (CAT-N)
October 30, 2014

(Top Pick Oct 30’13, Up 22.60%) They came out with disastrous earnings about a year ago and gapped down. After gapping down, stocks usually get filled back in again.

Michael Bowman
Portfolio Manager, Wickham Investment Management
Price
$100.160
Owned
Yes
HOLD
HOLD
September 19, 2014

(Market Call Minute.) He is just not bullish on mining right now, which is a big part of their business.

Caterpillar (CAT-N)
September 19, 2014

(Market Call Minute.) He is just not bullish on mining right now, which is a big part of their business.

John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$102.510
Owned
Unknown
COMMENT
COMMENT
September 9, 2014

Very much tied to the global economy. Stock has not done that well. There has been a slowdown in mining which is not good for this company. Some of the regions were over inventoried, so they were not selling. A high quality name. Still a little too early to Buy. If gold does eventually pick up, this company will do fine.

Caterpillar (CAT-N)
September 9, 2014

Very much tied to the global economy. Stock has not done that well. There has been a slowdown in mining which is not good for this company. Some of the regions were over inventoried, so they were not selling. A high quality name. Still a little too early to Buy. If gold does eventually pick up, this company will do fine.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$107.400
Owned
No
COMMENT
COMMENT
July 23, 2014

We may start to see a pickup with the general economy, but doesn’t think you will see the moves in this like we saw going back several years, when China was busy building roads and highways, etc. Not sure this will move as quickly as it might have, during the development of China. Not expensive, but doesn’t show up in his radar to own.

Caterpillar (CAT-N)
July 23, 2014

We may start to see a pickup with the general economy, but doesn’t think you will see the moves in this like we saw going back several years, when China was busy building roads and highways, etc. Not sure this will move as quickly as it might have, during the development of China. Not expensive, but doesn’t show up in his radar to own.

Stan Wong
Director & Portfolio Manager, Private Wealth Management, ScotiaMcleod
Price
$108.380
Owned
No
PARTIAL SELL
PARTIAL SELL
June 4, 2014

Last year they took a 15% hit in revenues, and this year, revenues are only expected to climb 1%. Yet the stock is up 25% in the last 6 months or so. If you own, consider lightening up. He doesn’t care for this one because it is quite sensitive to commodity prices and what is going on in China.

Caterpillar (CAT-N)
June 4, 2014

Last year they took a 15% hit in revenues, and this year, revenues are only expected to climb 1%. Yet the stock is up 25% in the last 6 months or so. If you own, consider lightening up. He doesn’t care for this one because it is quite sensitive to commodity prices and what is going on in China.

Teal Linde
Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report
Price
$104.310
Owned
No
COMMENT
COMMENT
May 20, 2014

Deere (DE-N) or Caterpillar (CAT-N) for at least a 5 year hold? His instincts are saying Deere because it is in the food area. This one depends more on a worldwide pickup in construction, so it might be a slightly better pick at this point, but long-term he would stick with Deere.

Caterpillar (CAT-N)
May 20, 2014

Deere (DE-N) or Caterpillar (CAT-N) for at least a 5 year hold? His instincts are saying Deere because it is in the food area. This one depends more on a worldwide pickup in construction, so it might be a slightly better pick at this point, but long-term he would stick with Deere.

Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$101.560
Owned
Unknown
DON'T BUY
DON'T BUY
April 9, 2014

Has been sideways on a 5 year chart. He would prefer names in the consumer space.

Caterpillar (CAT-N)
April 9, 2014

Has been sideways on a 5 year chart. He would prefer names in the consumer space.