Previous close | 0.00 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | N/A |
Market cap | N/A |
Beta (5Y monthly) | 1.15 |
PE ratio (TTM) | 0.16 |
EPS (TTM) | 11.33 |
Earnings date | 25 Apr 2024 - 29 Apr 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Truist named Caterpillar (CAT), Deere & Company (DE), and AGCO Corporation (AGCO), among others, stock picks ripe for upside. Analyst Jamie Cook initiated coverage of these stocks with a Buy rating, claiming the sector may have surprising growth in the second half of the year. Yahoo Finance Anchors Josh Lipton and Julie Hyman discuss why these companies' earnings are proving more resilient. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Despite the "Magnificent Seven" — or three — powering the S&P 500, the long list of companies hitting new record highs shows another side of the market concentration conversation.
In the latest edition of Good Buy or Goodbye, Barron's Senior Writer Al Root joins Yahoo Finance Live to analyze cyclical stocks Deere & Co. (DE) and Caterpillar (CAT). Root names Deere a buy though "farmers are not doing as well as they were," with total income down $70 billion from it's peak. Despite "less spending on farm equipment," Root stresses being near a trough favors cyclicals. Root acknowledges Deere plans to invest in precision farming, including "self-driving tractors" and "computers planting seeds" for cost savings, and that the company hopes to eventually reach 10% it's of sales from software sales, up from 1% currently. With an attractive valuation, Root sees positives in this stock for investors. However, he says avoid Caterpillar amid "new equipment erosion," nothing that the "slowing of orders" at one dealer "indicates that maybe the cycle is turning for them." Already "operating right at the peak" for non-residential construction, Root expects a downturn to a come. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith