Shares of Caterpillar and its peers with a high exposure to the non-residential construction industry are likely to benefit from growth in the sector, despite declining capital spending in mining equipment.
While this major equipment maker was hit hard by the global slowdown, there could be signs of a recovery that lead to an impressive 2014.
Deere, AGCO, Titan, CNH, and Caterpillar are all set for a tough year in 2014, so what do investors need to know?
3M is one of the best-run large U.S. companies, but short-term growth and valuation concerns could impair performance in 2014.
Titan Machinery is operating in some difficult markets right now, and there is a lot of uncertainty around its prospects in 2014.
Most machinery companies have to compete with each other on pricing and cost efficiency, because they are just one of many companies producing the same undifferentiated equipment. However, there are exceptions like Columbus McKinnon which has managed to differentiate itself from its competitors on the basis on non-price factors.
Some numbers Cummins revealed in its earnings report could determine where its shares are headed.
Major customers are planning on delaying purchases in 2014, but should investors be worried?
With both AGCO and Caterpillar reporting good jumps in last-quarter equipment sales, Deere could beat Street estimates when it reports earnings this Wednesday.
Caterpillar's shares jumped after releasing fourth-quarter earnings, but investors would be wise not to get too carried away. Here's why.