Caterpillar is a Dow Jones Company and is listed in the NYSE / NASDAQ / S&P 500. It is one of the leading corporations in the American stock market. Buying shares of Caterpillar in the long term is considered a sound investment. With the current economy, however, it is always risky in buying a single company stock like Caterpillar, and diversification is more important. Below is a description and profile of the Caterpillar company:
Financial products is a line of business consisting primarily of Caterpillar Financial Services Corporation, Caterpillar Insurance Holdings, Inc., Caterpillar Power Ventures Corporation and their subsidiaries. Cat Power Ventures is an active investor in independent power projects using Caterpillar power generation equipment and services. Caterpillar, Inc. markets its products through distribution centers. Caterpillar Inc. (Caterpillar) operates in three principal lines of business: Machinery, Engines and Financial Products. Engines business deals with the design, manufacture, marketing and sales of engines. Financial Products, consists primarily of Caterpillar Financial Services Corporation (Cat Financial), Caterpillar Insurance Holdings, Inc. (Cat Insurance), Caterpillar Power Ventures Corporation (Cat Power Ventures) and their respective subsidiaries. Machinery Machinery includes the design, manufacture, marketing and sales of construction, mining and forestry machinery, such as track and wheel tractors, track and wheel loaders, pipelayers, motor graders, wheel tractor-scrapers, track and wheel excavators, backhoe loaders, log skidders, log loaders, off-highway trucks, articulated trucks, paving products, telehandlers, skid steer loaders and related parts. Caterpillar’s logistics business provides integrated supply chain services for Caterpillar and over 65 other companies worldwide. It also includes re-manufacturing of Caterpillar engines and a variety of Caterpillar machine and engine components, and re-manufacturing services for other companies.
As you can see, Caterpillar is a leading company in its industry. Buying Caterpillar Stocks should only be done after extensive research and analysis of the company’s earning, stock price, and future earnings potential.
Buy Caterpillar Stocks In This Economy