
Caterpillar is a great business, but not a great stock right now, according to technical analysis using Barchart.com, plus a new indicator that simplifies stock investing.
Caterpillar (CAT), the blue-chip manufacturer of construction and mining equipment and member of the 30-stock Dow Jones Industrial Average ($DOWI) is an American icon. But that doesn’t make this nearly 100-year old company a great stock to own right now.