u/Everyday-Joe-Invests · 9d ago1 prior · awaiting results
Is now the time to pounce on CAT?
CAT's 25% pullback to 800.47 presents a buying opportunity. The company's forward P/E of 25 is reasonable given record profits, expanding operating margins (17.3% to 21%), and a $70B order backlog fueled by AI data center buildout, onshoring, and infrastructure investment.