Valuation analysis for Caterpillar Inc. (NYSE:CAT)
Stock Traders Daily has issued a valuation analysis for Caterpillar Inc. (NYSE:CAT).
From the report:
"The major concern here is that the company is not growing but the stock has increased and the PE multiple is excessive. With the stock at the high end of its range and no material growth in sight the risk of a pullback is high."
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