In today’s Super Seasonals: Trade of the Week we will look at Caterpillar, Inc. (CAT).
Caterpillar, Inc. engages in the manufacture of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
As we look at the Top 10 by Market Cap, the general Analysts Rating is Bullish-Neutral on the PRODUCER MANUFACTURING (SECTOR)…
As we look at the Top 10 by Market Cap, the general Analysts Rating is Bullish on the TRUCKS/CONSTRUCTION/FARM MACHINERY (INDUSTRY)…
Below is a Daily chart of the stock. There’s been a bullish bias over the past month of trading.
As of late the medium term industry and sector trends have been bullish. Hopefully this trend will continue through year end and into early next year.
Below are snippets of the seasonal stats on Caterpillar stock since 1987…
Here’s a breakout idea…
- Buy around 254.
- Stop around 241.
- Target around 278.
Here’s a pullback idea…
- Buy around 230.
- Stop around 211.
- Target around 267.
Bullish now? Here’s a decent Bull Call Debit Spread to consider…
As you likely know, there are literally dozens of solid ways to approach trading Caterpillar, Inc. (CAT) with a bullish bias. The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Hopefully this information has proved worth your time. Please remember, do your homework, and fully understand the risk before trading anything.
To learn more about seasonal information on Caterpillar, Inc. (CAT) and other solid seasonal opportunities click here SuperSeasonals . For other seasonal opportunities, please click on the link below to access the Super Seasonals software:
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