Stock Traders Daily Starts Caterpillar Inc. (NYSE:CAT) With a Sell
Stock Traders Daily has initiated a sell recommendation for Caterpillar Inc. (NYSE:CAT). Low growth and high relative multiples make valuation stretched, and resistance is being tested. Target longer term support levels if resistance holds. Note that these targets update periodically and should be monitored for changes over time.
Support and Resistance Plot Chart for
Blue = Current Price
Red= Resistance
Green = Support
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