Caterpillar Inc (CAT)

[benfrankledger]

$CAT was one of the worst affected stocks when the US and China started exchanging tariffs on each other’s goods and services as it fell by more than 6% in the previous week and also affected the DJIA.

The investor perception is that the company will be among the worst-affected firms in the trade war and the uncertainty with respect to oil and other commodity prices. This resulted in a heavy sell-off.

However, things are not so bad for CAT if we look at the company’s recent performance as well as its future outlook.