Caterpillar's most recent trend suggests a bullish bias. One trading opportunity on Caterpillar is a Bull Put Spread using a strike $215.00 short put and a strike $210.00 long put offers a potential 18.2% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock dropped below the $210.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Caterpillar is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Caterpillar is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Caterpillar
Caterpillar (CAT) Stock Sinks As Market Gains: What You Should Know
Tue, 11 Jan 2022 22:45:10 +0000
Caterpillar (CAT) closed the most recent trading day at $219.95, moving -0.76% from the previous trading session.
Why Caterpillar (CAT) Could Beat Earnings Estimates Again
Tue, 11 Jan 2022 17:10:05 +0000
Caterpillar (CAT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Worried About Missing Your 2022 Financial Goals? Consider These Three Blue Chip Dividend Stocks
Tue, 11 Jan 2022 15:10:39 +0000
Just a little over a week into 2022, investors may be wondering if the red-hot bull market can continue amid potentially higher interest rates and an ongoing pandemic. Blue chip dividend stocks have the ability to outperform the S&P 500 over time thanks to their ability to outlast downturns and pay dividends no matter the market cycle. Magna International (NYSE: MGA), Linde (NYSE: LIN), and Caterpillar (NYSE: CAT) are three industry-leading businesses that investors can count on to help them hit their financial goals.
Here's Why You Should Retain Caterpillar (CAT) Stock Now
Tue, 11 Jan 2022 14:38:02 +0000
Solid demand, savings from cost reduction actions and positive movement in earnings estimates make Caterpillar (CAT) stock worth retaining in the portfolio.
The Zacks Analyst Blog Highlights: Amazon.com, Inc., Berkshire Hathaway Inc., Linde plc T-Mobile US, Inc. and Caterpillar Inc.
Tue, 11 Jan 2022 14:33:02 +0000
Amazon.com, Inc., Berkshire Hathaway Inc., Linde plc, T-Mobile US, Inc. and Caterpillar Inc. are included in this analyst blog.
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