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Caterpillar (CAT) Stock Price Drivers
Caterpillar depends on three very specific industries as they form its primary customer base. Within the construction industry, CAT is heavily dependent on large infrastructure and development program... s such as the construction of roads and highways, dams and other large infrastructure projects. This segment for CAT therefore depends on construction spending as is reflective by its earnings. The Mining segment is heavily dependent on the coal industry, and mining production in the US is correlated to CAT’s EPS by a factor of 0.73.
Rank: 10895 of 26654 in Business
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