We came across a bullish thesis on Caterpillar Inc. on Rijnberk InvestInsights’s Substack by Daan | InvestInsights. In this article, we will summarize the bulls’ thesis on CAT. Caterpillar Inc.’s share was trading at $759.74 as of February 20th. CAT’s trailing and forward P/E were 40.39 and 23.20 respectively according to Yahoo Finance.
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Caterpillar Inc. (CAT) has long been viewed as a cyclical industrial tied to construction and commodities, but this...
