CAT Listed A Top Ten Growing Brand: Forecasts Remain Bullish as Net Income Grows 112.33%

CAT Listed A Top Ten Growing Brand

This article was written by Graham Ellinson, a Financial Analyst at I Know First currently studying Mathematics at Northumbria University Newcastle.   ‘For brands with diversified businesses, sustained growth is driven by a focus on consistent performance.’ Andrew Martschenko awarding CAT Interbrand 2018 award

Summary

  • Caterpillar Inc (NYSE: CAT) revenue grew by 23.65% in earnings that ‘exceed expectations’
  • CAT listed as a top ten growing brand with regular products being unveiled the most recent: a premium oil filtration system announced last Tuesday
  • Digital Technology is driving growth in construction industry, Caterpillar have shown a deep commitment to implementing this with their ‘Age of Smart Iron’ range

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here

Caterpillar, Inc.: Still Potentially Crawling Forward, Despite Negativity – An Algorithmic Perspective

Summary

  • catCaterpillar Inc., an American corporation devoted to machinery production and sales, is a well-known brand that offers diverse services, is a leader in its industry, and has expanded globally.
  • While Caterpillar has produced dividends growth for the last twenty-one years and is an established name, it has faced downgrading from analysts based on the sliding price of oil.
  • Despite the fact that energy as a whole is facing hardship, Caterpillar is still improving in many ways, and its dividends suffice to keep investors happy for quite some time.
  • I Know First’s algorithm predicts a bullish forecast for Caterpillar in the three-month time frame.
Cat's position on the algorithmic chart, then, indicates a strongly bullish signal for the company in the three months to come. Cumulatively, then, albeit that Caterpillar is indeed facing problems where the energy sector is concerned, the company's dividends growth is promising, and dividends have been paid out in even the worst of economic conditions.

Read the full article on Seeking Alpha