Anyone else watching tomorrow's $CAT results ? As expected, there's a lot to look forward to and the stock could bounce back up
Osobní pohled člena komunity, ne investiční doporučení. Pravidla komunity
YE
So the results look very decent, I'm still surprised how well they are doing. When I sold them their P/E was somewhere around 35 or so, and thanks to high earnings they have climbed back to their average multiples.
DD
The results for me are great :) as a supplier of mining equipment, it seems to me that they don't have much competition and their construction machines are not to be dismissed either, although there is already competition
JB
I'll be watching and we'll post the results here. I don't follow the company much, so I don't know what to expect.
DD
For me, CAT has been a heartthrob since I was a kid :D so maybe I'm a bit blinded, but it's still a leading manufacturer of not only construction but mainly mining machines, so I believe there will be a need for a few more years (before someone mines peanut materials with something else):)