Caterpillar (NYSE:CAT) has been one of the Dow's worst-performing components this year, it and has completely missed the market's stellar 2013 rally.

CAT data by YCharts

But what's ahead for shares of the struggling equipment-manufacturer? In the video below, Fool contributor Demitrios Kalogeropoulos tries to answer that question by first taking a look at Caterpillar's recent business results.

He notes that this year's weakness has been driven by plunging demand in the mining industry, and the outlook for that business heading into 2014 doesn't look good. Meanwhile, as current shareholders will continue to benefit from Caterpillar's impressive cash-generation and capital-return policies, Demitrios says he wouldn't be a buyer of the stock until the mining sector shows some signs of a recovery.

Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.