Business Magazine

Which Industrial Sector Heavyweight Looks Better: Deere Or Caterpillar?

Posted on the 03 September 2024 by Phil's Stock World @philstockworld

Given its better valuation, we believe Deere stock (NYSE: DE) is a better pick than its peer, Caterpillar stock (NYSE: CAT) for the next three years. CAT stock trades at 2.6x revenues, versus 1.8x for DE. We think this gap in their valuation will narrow in favor of Deere, given its superior revenue ...

This post was originally published on this site


Back to Featured Articles on Logo Paperblog