Caterpillar Inc. (CAT): A Bull Case Theory

We came across a bullish thesis on Caterpillar Inc. (CAT) on Investing Lawyer’s Substack. In this article, we will summarize the bulls’ thesis on CAT. Caterpillar Inc. (CAT)'s share was trading at $359.80 as of 18^th June. CAT’s trailing and forward P/E were 17.55 and 18.94 respectively according to Yahoo Finance.

[caption id="attachment_1227630" align="aligncenter" width="768"] A closeup view of a rough terrain crane in use, showing the strength of the machinery.[/caption]

Caterpillar Inc. (CAT), a dominant force in construction and mining equipment, stands out as a reliable...