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."
Additional details can be found through Reuters, First Call, Zacks, and on our Research Page.
Support and Resistance Plot Chart for CAT
Blue = Current Price
Red= Resistance
Green = Support
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