Archive for March 29th, 2011

Has Caterpillar’s Stock Become Overvalued?

Tuesday, March 29th, 2011
Has Caterpillar’s Stock Become Overvalued?

Caterpillar’s stock is hitting new highs. That fact, by itself, is not worrisome. But what about its valuation? Is that getting too high? Certainly this comparison makes it look so: Price/estimated earnings ratios: 2011 – Caterpillar = 17.8x; DJIA = 12.6x 2012 – Caterpillar = 13.7x; DJIA = 11.3x So, should we avoid Caterpillar... »

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Why Caterpillar’s ‘High’ Stock Price Shouldn’t Alarm Investors

Tuesday, March 29th, 2011
Why Caterpillar’s ‘High’ Stock Price Shouldn’t Alarm Investors

Caterpillar’s good fortunes have increased its stock’s popularity and price. Does this mean the stock is near its top? I believe there are three reasons (besides fundamentals) not to worry. Today’s “high” price could look low tomorrow. This article is on SeekingAlpha.com »

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