A stock that will be used to rebuild America, Ukraine and the world.
A stock that will be used to rebuild America, Ukraine and the world.
This "boring" stock is not as sexy as hyped up tech stocks, but when tech is getting crushed, a chart like this look like a supermodel to me!
CAT is a steady, reliable company that has been around for decades. This company has a diverse range of products and services, and it operates in multiple countries. This means that it's not overly reliant on any one market or region. It also means that it has multiple sources of growth, which helps to insulate it from economic downturns.
These types of stocks often get overlooked, but when commodity prices are this high, and mining companies are doing well, they're going to buy more machinery from CAT.
Look out for stock during bad times that hold up a solid consolidation range ready for the next upleg when it happends.
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