Shares of $CAT are up over 20% this year, which is very respectable and I have to say I've grown quite fond of this stock. I have been buying shares of $CAT around $240 and I am currently up about 20%+ on this stock.
This week, I was intrigued by Caterpillar, a company that specializes in manufacturing mining machinery, construction equipment, power systems and other heavy industrial equipment. The company has nice fundamentals and the share price has been rising solidly for a long time. The stock is currently undervalued in my opinion, and the indicator here on Bulios confirms this for me.
I must admit that I am surprised by the current award. I might consider adding it to my portfolio, it's such a nice dividend growth stock.