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Insider Transaction: Recent insider purchases in addition to management owning approximately 0.2% of the company provides hope for shareholders that management’s interests are directly aligned Congress’ focus on infrastructure as evidenced by its $1.2 billion implies a positive outlook for the world’s leading manufacturer of construction and mining equipment Provides additional diversification for a portfolio that holds mainly growth companies Management has aggressively pursued growth through recent successful acquisitions Management’s focus on ESG initiatives and 2030 Sustainability goals will allow the company to adapt to changing consumer values
Caterpillar remians the largest provider of heavy machinery for construction and minining operations alike, we believe that as production ramps up caterpillar will be exposed to higher revenues as the corresponding business will have a need for more machinery. In addition the proposed infrastructure bills in the US would potentially create a new boom of business for caterpillar as heavy machinery is needed to construct new bridges and roads.
Building our initial portfolio that follows the Dow Jones Industrial Average -index, according to our investment strategy. We buy all the 30 stocks in the index. The number of shares is equal for all stocks because Dow Jones is a price weighted index, meaning that the weight of each stock is decided by the share price. We buy 325 shares of each stock, because this is the maximum amount we can spend without exceeding our target leverage level of 1,8.