Here's why Caterpillar, Exxon Mobil, and Adobe are post-election stock winners, leveraging a weaker dollar, energy growth, and high-margin tech trends in 2024.
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Caterpillar has outperformed the broader market over the past year, and analysts maintain a cautious outlook for the stock's future prospects.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.16%. Stocks on Wednesday...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.32%. Stocks today are mixed. The...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. Stock index futures recovered...
Construction Machinery Stocks Q3 Highlights: Caterpillar (NYSE:CAT)
For Immediate ReleaseChicago, IL – November 13, 2024 – Today, Zacks Equity Research Caterpillar Inc. CAT and Komatsu KMTUY.Industry: Construction and Mining EquipmentLink: https://www.zacks.com/commentary/2369134/2-construction-mining-equipment-stocks-to-watch-despite-industry-challengesThe...
These three stocks are well-positioned to benefit from anticipated policy changes amid the upcoming leadership change on Capitol Hill, according to analysts.
The Zacks Manufacturing - Construction and Mining industry faces challenges due to the ongoing contraction in manufacturing activities and declining orders due to low customer spending. Elevated input...
The ISM’s manufacturing PMI has been below the “50” cut-off mark that separates expansion and contraction for 23 of the 24 months since Nov. 2022