Are Wall Street Analysts Predicting Caterpillar Stock Will Climb or Sink?

With a market cap. of 347.3billion,CaterpillarInc.(CAT)manufacturesandsellsconstructionandminingequipment,offhighwaydieselandnaturalgasengines,industrialgasturbines,anddieselelectriclocomotivesintheUnitedStatesandinternationally.SharesoftheIrving,Texasbasedcompanyhaveoutperformedinthebroadermarketoverthepastyear.CATstockhas surged105347.3 billion, Caterpillar Inc. (CAT) manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally. Shares of the Irving, Texas-based company have outperformed in the broader market over the past year. CAT stock has surged 105% over this time frame, while the broader S&P 500 Index (SPX) has returned 14.9%. Moreover, shares of the company are up ...