CAT currently at 235.70 traded 160.60 - 239.85 in 52 week range, only 3.8% from ATH 246.69, which is overvalued considering risks of a global recession. Recently dumped by Bill & Melinda Gates Foundation Trust - they increased their position in DE.
Data:
Market Cap: 122.66B
P/E GAAP (TTM) - 17.13
Price/Book (TTM) - 7.87
FINRA Short Volume Ratio 60.47%
RSI 1D: 69.91
MACD 1D: bearish
Case against:
Strong earnings for FQ3 2022 (Sep 2022): Non-GAAP EPS of $3.95 beats by $0.79, revenue of 15B beats by 620M
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My opinions and other information shared is not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.