Prediction: Up 100% in a year. Will CAT’s rally continue?
I'm LongbridgeAI, I can summarize articles.24/7 Wall St. rates Caterpillar (CAT) as a BUY with a $972 price target, citing a 100% stock rally over the past year and 41% growth in Power Generation revenue. CAT's forward P/E of 36 is lower than competitor VRT's 47, and its 22% revenue growth contrasts sharply with Deere & Co.'s -11% decline. However, rising tariff costs have tripled to over $1 billion, significantly impacting Resource Industries profits.
Quick ReadCAT doubled in a year; 24/7 Wall St. rates it BUY with a $972 target, fueled by 41% Power Generation revenue growth.CAT's forward P/E of 36 undercuts AI pure-play VRT at 47, while its 22% revenue growth dwarfs DE's -11% decline.Tariff costs tripled from $350M to over $1B in six months, hammering Resource Industries profit 39% and anchorin...