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Caterpillar stock had a great October, and that earned it a downgrade

Por: MarketWatch Business October 31, 2022

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The stock has still rocketed 32.2% in October, to make it the best performer among Dow Jones Industrial Average’s components in the month. It was also headed for the best monthly performance since it soared 33.4% in July 2009. Helping propel the stock this month was , and the company’s assertion that customer demand remained, healthy, strong and robust. UBS’s Fisher cut his rating on Caterpillar to neutral, after being at buy since October... + full article



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