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Is Caterpillar Inc. (CAT) A Good Stock To Buy Now?

Is CAT a good stock to buy? We came across a bullish thesis on Caterpillar Inc. on r/investing_discussion by Variant_Invest. In this article, we will summarize the bulls’ thesis on CAT. Caterpillar Inc.'s share was trading at $914.70 as of June 9th. CAT’s trailing and forward P/E were 45.03 and 37.45 respectively according to Yahoo Finance.

[caption id="attachment_564763" align="aligncenter" width="750"] Christian Lagerek/Shutterstock.com[/caption]

Caterpillar Inc. provides construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines,...