Why Caterpillar’s Stock Is Soaring

With a history that dates back more than 100 years, Caterpillar went from a small tractor company with a single product to an international brand that stocks job sites worldwide with massive and distinctively mustard-colored equipment. As of 2021, Caterpillar was a high-flying stock as it hit a record of $197.54 on January 12, 2021. With commodity prices rising again, investors are betting that one of the world’s premiere names in industrial equipment will benefit from a new presidential administration, one that might push new infrastructure initiatives.

Correction (February 11, 2021): An earlier version of misstated the date and stock price for CAT’s all time high.

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Why Caterpillar’s Stock Is Soaring

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[xxhcxx]

Stock is soaring cause your company bought alot of it and now giving a narrative to get people to buy it after you dump it

[TheDark-Knut]

News: Biden likes cats. He's a cat person. 🐈
Analysts: Load up CAT stocks!!

[glennalexon]

CAT is about 10% higher than it was three years ago. Is that "soaring", CNBC?

[MarinelliBrosPodcast]

When I was a little boy, I was into machines. I watched shows about them, I knew all the names, and CAT was most likely the first company I knew. CAT has consistantly grown (over the long term) and we will still need to build things in the future.

[ptx]

CAT already makes me money everyday by keeping my truck on the road and out the shop! Lol love my good old B model

[Ahmedth]

You forgot to mention that CAT have just bought/agreed to buy Weir Oil & Gas business, and with the rise in oil prices, means their stock prices will also go up.

[DataBasedTrader]

CNBC: Why Caterpillar’s Stock Is Soaring
WallStreetBets: Yeah... who knows...

[jsyaprudin]

I swear to God, I thought CAT stand for "Cat". But it was caterpillar

[farislatif]

Me: I got cat product
Also me: it a watch

[PolicyThwonk]

More efficient, better products, increased market potential.
Makes sense why it rebounded.

[ThePowerofJames]

How did r/wsb not get in on a company with a ticker that is literally CAT

[icantw]

Not surprised when some random stock that nobody knows about is "soaring" when there's like 1000 other stocks that are doing the exact same. It's like they say, "Everybody is a genius in a bull market."

[brianpearce]

There is a date written wrong at 2:50 ... you say 1909 and you have written 1979! But enjoyed the programme - very interesting - thank you ..

[miguelalfoya]

My uncle owns Caterpillar Equipment which he rents to contractors , he used to have Komatsu but sold them for problems with repairs (impossible to have the parts right on time and he lost a lot of money) the CAT is a little bit more reliable, for example, pieces are always in stock or ready to ship (if they go backorder)because of the trade agreement between USA and Mexico. 🤷‍♂️

[fallendark]

This randomly showed up in my news feed but, learn something new everyday. I'm from Bucyrus and didn't know we had a company like that in our city's history.

[kraghavendra]

Proud to be a part such a huge company 🥰🥰

[jarjarlol]

8:34 Translation - They don't want you to repair your own equipment.

[jfrank]

The accomplishments of men is astounding

[louisjedahs]

100% gain over 1 year is not “soaring” it is normal for 2020-2021