After comparing every stock's current price on the Dow Jones Industrial Average to their average analyst price target, it appears Caterpillar still has enormous upside potential. In fact, it has the third largest gap between its current and target price on the Dow. 

Looking beyond the next 12 months, Caterpillar is an even more compelling buy, with a dirt cheap valuation, a dominant market position, and a strong engine tech division. See more in the following video.

Caterpillar is the market-share leader in an industry in which size matters, and its quality products, extensive service network, and unparalleled brand strength combine to give it solid competitive advantages. Read all about Caterpillar's strengths and weaknesses in our brand-new report. Just click here to access it now.

If you're not sold on Caterpillar's long-term potential, we have other suggestions -- like the 3 Dow stocks dividend investors need