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Caterpillar Inc

CAT: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$212.00XzbzRjknwyh

Solid End Market Demand Leads Us to Believe 2024 Will Be a Solid Year for Caterpillar

Business Strategy and Outlook

We believe Caterpillar will continue to be the leader in the global heavy machinery market, providing customers an extensive product portfolio consisting of construction, mining, energy, and transportation products. For nearly a century, the company has been a trusted manufacturer of mission-critical heavy machinery, which has led to its position as one of the world’s most valuable brands. Caterpillar’s strong brand is underpinned by its high-quality, extremely reliable, and efficient products. Customers also value Caterpillar’s ability to lower the total cost of ownership.

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