We came across a bullish thesis on Caterpillar Inc. on Quality Value Investing’s Substack by David J. Waldron. In this article, we will summarize the bulls’ thesis on CAT. Caterpillar Inc.’s share was trading at $527.47 as of October 14th. CAT’s trailing and forward P/E were 24.98 and 23.20 respectively according to Yahoo Finance.
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Caterpillar, Inc. is a leading global manufacturer of construction and mining equipment, off-highway engines,...
