The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino and research analyst Cat Baab-Muguira discuss topics from across the investing world.
In today's edition, Isaac and Cat discuss Caterpillar, the world's largest heavy-equipment manufacturer. Caterpillar's shares took a beating during today's trading, down over 4% at one point, and emblematic of the past few months for the company. Not only is the macroeconomic picture weighing on Caterpillar, but Joy Global's earnings announcement recently revealed less robust earnings for the mining operator. Caterpillar's made significant investments in mining, but perhaps this sector is losing its luster. Isaac and Cat shed light on the Dow's recent movements in the video below.
Caterpillar's stock would seem to be bolstered by the announcement of another round of stimulus spending from China, but instead it has been crushed. Still, this isn't Caterpillar's first rodeo; the company's weathered a downturn before. If you're interested in strong American companies that are positioned for global growth, but perhaps not quite as exposed as Caterpillar, we invite you to read a copy of our free report: "3 American Companies Set to Dominate the World." The report won't be available forever, so we invite you to click here to get your copy today!
RSS Headlines
Fool UK
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Be the first one to comment on this article.