Caterpillar Inc (#CAT) Stock Price, Live Chart & Analysis | Trade #CAT

Caterpillar Inc. is one of the world's largest construction-equipment manufacturers. The company was founded in 1925. Now it is headquartered in Peoria, Illinois, USA. The corporation consists of 480 divisions. The company's global dealer network includes 160 independent Cat dealers serving 193 countries. The scope of the company includes construction, resource extraction, energy and transport, and financial services.

CAT shares are included in the S&P 500 and the Dow Jones Industrial Average. Caterpillar is also included in the lists of the best companies by various business publications. Caterpillar is considered a dividend aristocrat since payments are regular and growing.

The CAT rate largely depends on the state of the global economy. Restrictions and disruptions in production and supply negatively affect the value of the company's shares. For example, due to the 2020 coronavirus pandemic, lockdowns were introduced, demand for construction equipment collapsed, and dealers were forced to cut purchases by $2.9 billion. As a result, Caterpillar's profit and the share price fell sharply.

When trading Caterpillar shares, it is important to follow the news and financial statements of the company. Expanding the range of products and entering new markets will positively impact the CAT price. For example, the company launched the production of its own phones that work both as smartphones and as landline phones. Positive quarterly earnings data may also attract new investors, which will help boost Caterpillar's share price.

When making a CAT forecast, consider the state of various industries, namely, resource extraction, construction, and energy. For example, a decrease in the oil price reduces development volumes, as investors do not want to invest in new production sources. Demand for Caterpillar products will fall, negatively affecting profits and stock prices.

It is also important to keep an eye on the company's competitors, Komatsu, Sany Heavy Equipment, Cummins, and other large corporations in the industry. Their successful activities can attract more investors and customers, increasing their shares' value. In this case, the rate of CAT will decrease.