Caterpillar Inc. (CAT), Joy Global Inc. (JOY), Deere & Company (DE): Which Heavy-Machinery Stock Has the Best Prospects?

On the plus side, Caterpillar is actively buying back shares and recently upped its dividend by 15%, which underscores management’s optimism that the future will be brighter than the recent past.

At the same time, there’s simply much less risk of catching a falling knife when it comes to Deere & Company (NYSE:DE). Because of the continued strength of agricultural activity, Deere’s present and future are bright.

While both Caterpillar and Joy Global could be long-term winners, there’s no denying Deere & Company (NYSE:DE)’s vastly more favorable operating environment. As a result, investors should favor Deere among these heavy-machinery stocks.

The article Which Heavy-Machinery Stock Has the Best Prospects? originally appeared on and is written by Robert Ciura.

Robert Ciura and The Motley Fool have no position in any of the stocks mentioned.

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