Why Caterpillar’s Stock Is Soaring

[@crub4906]

Evolution of KZbin Ads. 2010: No ads. 2015: Skip ads. 2018: Skip ads after 5 seconds. 2020: Video will play after ads. 2030: Video may play 2040: Video unavailable, watch ads. 2050: KZbin renames "AdTube".

[@spacenodus7959]

I present to you KZbin Premium

[@Stevexnycautomotive]

TRUMP will SHUTDOWN the all media 2024.

[@FyTube12]

@@Stevexnycautomotive L

[@full-timepog6844]

@@Stevexnycautomotive Nani?

[@oneshotf301]

@@spacenodus7959 still just as the man said, they are not turning over a profit.

[@xxhc2000xx]

Stock is soaring cause your company bought alot of it and now giving a narrative to get people to buy it after you dump it

[@dollazNzentz]

This ☝🏻

[@715SF]

It didn’t even soar, up 1.56% past week and down 0.40% last month...

[@mrglasecki]

Because the kids just figured out cat mine trucks have logged more autonomous Miles than ALL automobile manufacturing combined 🤔 and their going to the moon with remote operators 😏

[@jimmycricket5366]

Exactly... And there was no proper explanation as to why the shares are up. Free ad. I worry about America, it just seems like the good values it once stood for are rapidly dissolving.

[@glennalexon1530]

CAT is about 10% higher than it was three years ago. Is that "soaring", CNBC?

[@travissmithoh]

@Joe Steinberg Picking the low point of Feb 2020... TLSA is up 504%, Ford is up 70%, AMZN up 60%, etc. Pick any stock in that time frame outside of the entertainment industry and you will make money. Like what Glenn says "soaring?". It sounds like a "pump-n-dump" by CNBC owning CAT stock to me.

[@xxhc2000xx]

Its “soaring” cause they just bought a bunch before airing this video. They will dump it after it goes up enough for them to make a profit

[@EE-ie9gm]

Byddy stock can explode in the future

[@full-timepog6844]

@@travissmithoh companies can own stock?

[@Didshesmileatme]

@@full-timepog6844 of course.... Was this even a real question?!

[@MarinelliBrosPodcast]

When I was a little boy, I was into machines. I watched shows about them, I knew all the names, and CAT was most likely the first company I knew. CAT has consistantly grown (over the long term) and we will still need to build things in the future.

[@tomlxyz]

"We still need to X" doesn't mean a company that does X will prevail, only that some company that does X will

[@MarinelliBrosPodcast]

@@tomlxyz True; for now, they hold a monopoly on the market though.

[@万花札]

@@MarinelliBrosPodcast Right to repair is an issue with CAT and John Deere. If a manufacturer releases machinery with open source electronics amd trouble shooting, they'll have some trouble

[@CharlieRealEstateMA]

@@MarinelliBrosPodcast lol umm they arent even close to a monopoly. Theres madd competitors. Educate yourself🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

[@MarinelliBrosPodcast]

@@CharlieRealEstateMA I've seen many construction sites, at lease where I am, they have a monopoly. (I'm Canadian BTW)

[@POWERLINKBIKE]

Wonderful paid advertisement

[@MrSoanyway]

More'sg

[@MrSoanyway]

Trump

[@jujugohard4289]

Yup insiders making up predictions on on stocks they already went all in.

[@shanewalker3273]

I thought it was an interesting short documentary on the history of the company, what it's doing now and its plans for the future.

[@TheDark-Knut]

News: Biden likes cats. He's a cat person. 🐈 Analysts: Load up CAT stocks!!

[@Niklez7]

you better write it down for him. he will forget he likes cats and he has cats .

[@abhishekrao1602]

True. Whatever Boden does will do only and only good, at least on the television sets or the internet. In reality, who cares. World of wokes cares about what happens on screen!

[@zinger8274]

@Adlerr No not funny President Biden of the USA has to read Teleprompters and Little 3x5 cards to Speak? Ya that's really funny ha. Not good for this Ountry but your a Lefty so you think it is?

[@mtl-ss1538]

@@abhishekrao1602 New Zealand has some of the biggest logging trucks Gross Combination Masses of around 150-tonne. kzbin.info/www/bejne/j3q7oI2wm6d9gZI kzbin.info/www/bejne/inq8dYmahJWnebM kzbin.info/www/bejne/rJ25pIqhatWEZs0 New Zealand- Classic Chip Trucking with 8V92TA, - 13spRR,- KWs. kzbin.info/www/bejne/nV6ln6qvd7Bofs0 NZ farmers block been logged,; kzbin.info/www/bejne/oJLOaKOOa9Z2n7c

[@Ahmed4th]

You forgot to mention that CAT have just bought/agreed to buy Weir Oil & Gas business, and with the rise in oil prices, means their stock prices will also go up.

[@dubson461]

We were bought out. Weir was purchased. Our Facility closing this month 2021. Tickled our fancy and smothered the flame out. Looking for employment in this COVID market now.😓

[@DataBasedTrader]

CNBC: Why Caterpillar’s Stock Is Soaring WallStreetBets: Yeah... who knows...

[@TheGodlyGamers]

To the a moon 🌝

[@dickmelsonlupot7697]

CAT go *BrRrRrRrRrRrRrRrRrRrRr*

[@icantw8]

Not surprised when some random stock that nobody knows about is "soaring" when there's like 1000 other stocks that are doing the exact same. It's like they say, "Everybody is a genius in a bull market."

[@mrike5651]

Cramer said buy it I had it but sold it wish I kept it

[@maemorri]

Well, it has outperformed the S&P by about 20% over the past 12 months, so that's good. Not great, but good.

[@onebridge7231]

Caterpillar is a very well known stock for traders that have been around longer than the Robinhood experts of today.

[@mohanpatil3343]

Random stock ? Its is part of DJIA , 30 stock index!

[@johndo3760]

Everyone knows carti pillar idiot it’s the biggest name out of their competitors

[@ThePowerofJames]

How did r/wsb not get in on a company with a ticker that is literally CAT

[@MarkWTK]

YOLO is better.... only if you bought before this week

[@javajav3004]

@@MarkWTK or today. Buy the dip

[@Klubyk]

Because no ones goes against CAT, everyone knows it will always flourish. Every big business wants CAT, they could probably have a business just selling shirts and stuff. Unless machinery ever becomes obsolete(impossible as they will just automate their machines), then CAT will die

[@jcmazrizona]

Yo Muppet, the play was because peeps in Wall street over played their hand by borrowing more stock shares than existed and selling them to drive the price down totaling 140% more.. when there was any positive value driven news about GME the "short sellers AKA Wall street peeps" doubled down smashing any positive momentum.. Then WSB jumped in.. along with Michael Burry Dave Portnoi and others, many many others.. these guys created so much positive buying pressure the shorts got squeezed.. "Squeezed means the shares the shorts sold were going up in value.. meaning they will have to buy the shares back at a higher price than they sold them for, thus loosing money.. this Higher the price the more they could loose, if they have to cover their position.. The worst part was what happened with Robin Hood among other Brokerage platforms stopped Buying and allowed selling created a Negative pressure that was artificial. Many other brokerages had conveniently outages or massive amounts of lag.. IE place and order and it could take 10-15 minutes to process.. How and why this was allowed to happen should be investigated, but I doubt it will.. there are forces at play that will never let us hear about what really went down.. CAT

[@juampyy2011]

$YOLO won

[@jsyaprudin4294]

I swear to God, I thought CAT stand for "Cat". But it was caterpillar

[@PolicyThwonk]

More efficient, better products, increased market potential. Makes sense why it rebounded.

[@stevedennis4643]

thanks trump

[@sepg5084]

@@stevedennis4643 Trump didn't design CAT's product line.

[@tomlxyz]

All of these terms are subjective tho and we don't see an objective proof it is the case in the video

[@ptx777]

CAT already makes me money everyday by keeping my truck on the road and out the shop! Lol love my good old B model

[@SebastianTheGreat]

“We like the stock!!!” -TV Money Guy

[@farislatif8846]

Me: I got cat product Also me: it a watch

[@michaelcrockis7679]

Oh, I thought it was shoes. :)

[@Duke407]

Battery jump box

[@miguelalfoya2031]

My uncle owns Caterpillar Equipment which he rents to contractors , he used to have Komatsu but sold them for problems with repairs (impossible to have the parts right on time and he lost a lot of money) the CAT is a little bit more reliable, for example, pieces are always in stock or ready to ship (if they go backorder)because of the trade agreement between USA and Mexico. 🤷‍♂️

[@TheBooban]

Living in Asia, I saw Komatsu all over the place, never Caterpillar there or in Europe. I only see CAT in media in the US

[@miguelalfoya2031]

@@TheBooban yeap, here in Mexico we have a mix of brands, but the king being neighbors with the US is CAT, remember, everytime something brakes in this equipment cost money not only for repairing it, but the money you are losing having your equipment in the Service center... so that's how parts availability is crucial (for all brands of course) 🙂👍

[@jamram9924]

Same reason Russia sold a limited number of passenger jets to Mexico’s Interjet. Parts availability from Sukhoi.

[@TheBooban]

@@miguelalfoya2031 yeah, but usually the purchaser doesn’t know anything about that stuff. They just buy lowest bidder. Maybe they’re better at in the construction industry as its their bread and butter.

[@BWater-yq3jx]

@@TheBooban I'd say someone buying a fleet of new bulldozers that cost around a million dollars each would be considering all aspects of their purchase. 😏

[@jfrank1882]

The accomplishments of men is astounding

[@RealGameDogs]

On one level yes

[@issavirgo4838]

Oh no the feminazis will be arguing with you son

[@Verifraudreports]

true on so many levels

[@jfrank1882]

@@issavirgo4838 😅

[@peachbunns]

*are. We didn't get there with lousy grammar.

[@DioXin]

8:54 when your ear pops

[@louisjedahs]

100% gain over 1 year is not “soaring” it is normal for 2020-2021

[@NewWaveSports229]

Uhhh.. Cat isn't surging, and is down over the month and the day...Come on CNBC

[@adilmaknojia9912]

Fake news by this channel

[@godofwar4276]

Shut up and buy the stock, you product. Our customers have paid good money for this piece.

[@eliaspuolakka290]

Soaring is a strong word and may not apply perfectly here but still Cat stock has risen from 100 $ to around 195 $ in a year.

[@Lucky8s]

You'll get a much different picture if you widened your outlook. From a low of $100 in March 2020, CAT now trades at $198.35 as of February 11, 2021. Over the past five years, CAT peaked at $170 on January 12, 2018. $200 is a five year high for the stock. Come on Dustin.

[@NewWaveSports229]

@@Lucky8s OLD news and it's got no more yield except maybe very little.. the individual investor can get duped by this old report and start buying as institutions start selling

[@fallendark6952]

This randomly showed up in my news feed but, learn something new everyday. I'm from Bucyrus and didn't know we had a company like that in our city's history.

[@kraghavendra6440]

Proud to be a part such a huge company 🥰🥰

[@jarjarlol]

8:34 Translation - They don't want you to repair your own equipment.

[@718Insomniac]

This video is meant to hype up the stock even more. I bet there are ulterior motives.

[@MuddinNYC]

100% promise you the people behind this video bought this stock before hand lol

[@claraclouse9086]

Stock can drop from top to bottom and still be a 60 bagger. All this in 10y. investing is a very long journey where our temperament gets tested. have to have the capacity to suffer for long periods. have lived through the examples above, naming the stock today is pointless.

[@elenagomez9890]

proper research, good analysis is what you need to make profit in this constant market.

[@Jme---]

I have tried investing but got discouraged by the constant fluctuations in price.

[@Mcdd7-_-]

@@Jme--- That wouldn't bother you or be a problem if you let a coach guide you but bear it in mind that price fluctuations is part of the market but using coach makes the difference.

[@christinadixon6974]

@@Mcdd7-_- I find myself in similar situation but mine is that i really don't know when to take profit or hold , but have you worked with a coach? what is the experience like and how can i get a good one?

[@Mcdd7-_-]

@@christinadixon6974 "Freda Lynn Johnson" is the coach I'm quite familiar, I cant disclose much but I have been working with her since July 2020 and she has helped grow my portfolio by 400%. To connect with her you have to search her name on the web that way you can connect with her on her webpage.

[@bighairycat]

It's a pity that the Caterpillar product has become a huge joke in the industry and as a builder of new Cat machines i can tell you that the quality of the equipment has gone downhill very badly. We are receiving machines from the US, India and SE Asia that is extremely poor quality that require massive amounts of repairs before being delivered to the customer. All the trucks we are seeing from India require days of rewelding of chassis to allow parts to fit and just poor quality welds that require being gouged back and fully welded again. There is no quality in the product anymore and no quality assurance anymore.

[@sheridanbaldwin8629]

The old stuff was the tough stuff ☺

[@brandonyu9602]

I don’t see how Biden is going to help CAT

[@suibhneofoighil3911]

By spending money and producing things dumb ass

[@MrLazlness]

I don’t see how Yu could do any better 😂😂😂😂😂😂😂😂😂😂😂

[@brandonyu9602]

@@suibhneofoighil3911 yeah like stopping the pipeline and the wall construction

[@MrKneetoface1]

Large scale infrastructure projects, probably through a grants.

[@asozial1498]

@@brandonyu9602 There is already a wall he will build other stuff thats all, but why should he help trump ideas to become true? (Sorry for my worse English)

[@crash_test_dummy_1]

I remember as a kid always seeing CAT trucks at construction sites. However, the last 10 years or so, I only see KOMATSU trucks at construction sites.

[@eliaslundstedt5607]

No thank you, I will stick to *Insert random 40-70 year old machine that is still used by some small local company, and was made by an old brand that no longer exists*

[@lanelyons9303]

champion and clark for life!!!11!!

[@borjaq223]

Title should be "Why Caterpillar's Stock Is Continuing To Rise". I'm thinking that their stock jump suddenly with this misleading clickbait title.

[@andrehoong5630]

Cnbc has always been pushing market narrative media

[@curtisducati]

I used to work at CAT , 928 model , UK made 33 a shift.... US managed 20 , then got jealous and stopped the 928 in the UK as we made the US factory look slow ! Nice...I resigned a month later !

[@aston-s]

As a Brit I'm shocked not to see JCB on that list of construction equipment firms

[@604h22a]

Jcb makes terribly unreliable equipment

[@XiuLiwa1996]

As a citizen of a former british colony i am too. Interesting how weird american brands are to the rest “commonwealth”.

[@ronunderwood5771]

604h22a Do they get their electrical from Lucas?

[@benrocks1897]

Jcb? You mean Junk Comes Big

[@IxoraNera]

JCB reminds me of excavators and other earthmovers, not CAT.

[@enricocurcio1610]

I live in Brazil, and i've NEVER seen other trucks than CAT in a building sight

[@alexkpai]

@1:16 "shrinking its manufacturing footprint" read: massive layoffs

[@AbcAbc-sp1od]

Exactly! Sacrificing the worker, for the benefit of the share holder. Robbing Peter to pay Paul.

[@DhrubajyotiRaja01]

Or otherwise....They are heavily investing into Automated Machines already......

[@alexkpai]

@@DhrubajyotiRaja01 ...also causing massive layoffs

[@hillvalley6716]

They closed factories of underground mining equipment in Tasmania, Australia and moved it to Thailand.

[@jamescrud]

@@AbcAbc-sp1od Sacrificing the worker?? Since when do companies "owe" anything to workers? You're hired to perform a task and you get paid for it. If that task is nolonger required why do you blame the company? You think companies should employ people just to be nice? lol. That's absurd.

[@anajit]

Good job

[@brianpearce6537]

There is a date written wrong at 2:50 ... you say 1909 and you have written 1979! But enjoyed the programme - very interesting - thank you ..

[@joe_tipakuah4880]

Komatsu and Cat is almost the same quality.I already operate those machine in construction jobsites back in Malaysia and it's quality,no doubt.

[@zeeshan_engineering_services]

Well I always found and looked forward Caterpillar one step ahead especially in reliability. The evidence is D8K, D9H and D6D. These are those work horse who had been moving on that earth since 1970s. On the contrary I did have to see old models in Komatsu.🎉

[@siliconinsect]

IDK... I thought CAT was going the way of John Deere fighting Right to Repair on their heavy metal and selling expensive gadgets like phones. On a whim I spent good money on CAT work boots and they started leaking within weeks.

[@juliastitt2629]

Those are just branded boots not manufactured by the company

[@mp40submachinegun81]

Cat doesnt make their clothing, just like youtubers who sell merch. All contracted out.

[@ahmedsuhyl]

This video can literally be summed up in the last 30 seconds.

[@FinancialShinanigan]

Buy companies that'll benefit from growing population like CAT and WM to become rich!

[@abibnoor]

What about Dogecoin

[@tomlxyz]

That's not how it works. Theoretically any company can benefit from there being more people

[@generalshepherd457]

Bill Gates will soon release Covid-22.

[@DhrubajyotiRaja01]

@@generalshepherd457 Conspiracy Theorists Spotted.....

[@generalshepherd457]

@@DhrubajyotiRaja01 why are so many dropping dead after getting the vaccines?

[@Hizsoo]

I didn't knew the full name of the company. What a weird furry.

[@tae912]

Anyone thought about Casey Frey as soon as you read the title? 🤣

[@taylorjohnson4943]

Large scale autonomous mining operations and construction dig operations would most certainly be the future of this equipment. Large scale infrastructure projects can more efficiently be dealt with

[@KDotdidit263]

How is it "Soaring"? Last time I checked it was up 0.41% over the past month (Jan 12 - Feb 11).

[@KDotdidit263]

@@robier Oh, that is a very good point. It did double. I agree, seem slightly better than average considering what happened last year but nothing crazy.

[@ricardop9196]

Hey cnbc what hedge fund paid you to post this?

[@Chrisivisi]

Sad to see that services are being moneytized in such a manner that the equipment cannot be serviced by normal people, besides tire swapping

[@rp1645]

When you look at the buy out of Bucyrus Mining Basically they just had to Repaint the big Shovels and Draglines. They had Bucyrus-Erie Foundry work force in there control. Look at them getting late into backhoe loader market. Took with the 416 the tryed and true Case backhoe, then on front they put the single cylinder bucket dump. A standard in the industry. Now there class 8 Truck's did not fair well. But when you look at it the Cat trucks came down a (International Trucks) assembly line. The Chinese have built Dozer's that look the same, taking about odd names brands, not the big Asian Manufacturer. The cab control look like Cats from 20 years ago. The track disconnect Levers coming straight back out of dash.

[@acasccseea4434]

If CAT can start making electric machines work, they're gonna saor

[@12345anton6789]

They have already done it. kzbin.info/www/bejne/pZCcaKmVpbGdbMU

[@skeetergaming8137]

Cat has electric/diesel machines that consume about 35% less fuel a day. They work great

[@Taransidhu21]

Tip for the viewers: Skip the part where equity research analysts are speaking to save time

[@dvdragon]

Bought dip, don't regret. Bulls on parade.

[@adamm2606]

Now what changed in 2017 that dramatically reversed Cat’s revenue after the previous 4 years of miserable numbers??? Gee... let me think 🤔

[@asimoford4994]

"CAT" ,the best company for heavy equipments.

[@jikunpan4014]

Be proud of CAT!

[@BiggestNano]

I’ll buy more weed stocks before I buy CAT. Nice try big media

[@Reece634]

Leave it up to the news to call a loader a bulldozer

[@deere7227]

Heard the term steam shovel in there

[@BostonTerrierDad623]

If you have to ask this, you don’t need to buy it. 😂

[@NR-pn6mn]

WHY IS THE DAMN BACKGROUND MUSIC SO LOUD‼️

[@TroubadourJuggernaut]

I know right, its like watching a movie these days ....... the back ground music is way too loud for the actors talking, highly annoying

[@triblues7065]

CAT should also consider military vehicle... IFV, APC, a modular vehicle needless to say. The potential is immense.

[@misiclover1658]

Cat has a Military arm, called Defense Products. Builds to Mil specs, and has regularly led to miltary changing "usless specs." .They also sell a lot to companies like Oshkosh, who in turn build specialty vehicles w. Cat engines, transmissions, axles, hydraulics, etc. .

[@clubalbert]

There are six companies with the name caterpillar under the IPO but they never show us exactly which one.

[@idiotsloveboxes]

0:06 We see what you did there.

[@josekanashiro3610]

But to make the Eurotunnel, they called Kawasaki 😎

[@PWRslide_TV]

8:53 JOHN DEERE!!!

[@Benjimac379]

The best way for caterpillar to make more money into increase their stocks a lot more is to go back to the good ole Ag division and on Highway engine division! Gotta love my all American big yellow!

[@agoogleaccount2861]

Because their equipment is great quality. And thus lasts a long time

[@rafaykhan3415]

CATERPILLAR TO THE MOON 🚀🚀

[@IxoraNera]

nah, JCB reminds me of excavators and other earthmovers, not CAT.

[@DhrubajyotiRaja01]

JCB is a Small Fry infront of CAT bro....CAT can just buy & Sell JCB 100times...JCB is mostly popular just in India accounting half of it's Revenue not in International Markets LOL.......

[@IxoraNera]

@@DhrubajyotiRaja01 I'm talking about India.

[@rajastylez]

Redditors are also buying silver said CNBC 🤣.

[@Stukreit]

3% R&D is nothing to brag about

[@hbarudi]

There is only one thing left for Caterpillar to do: Upgrade the equipement to become capable of running on alternative energy. Due to the high power requirements of their devices, the battery is not strong enough to cut it at this level, but hydrogen electrolysis and fuel cells can do it for this purpose.

[@davefroman4700]

Why? Because they have already announced that all their equipment will be autonomous and electric in the next couple of years.

[@Chris0-58]

The narrators voice is soothing.

[@auro1986]

weren't caterpillar equipments used in china last year for construction of new hospitals?

[@williamwatitwa3534]

no

[@Firebrand599]

These days, you'd have to be a special kind of dumb to not have money invested cause even the most bankrupted companies are soaring in value. You can thank Mr. Federal Reserve and his low interest rates for that. Even doing nothing but sleep will guarantee you a $1400+ check from the government. Money is a sick joke now. Go out there and do something with it...while you can.

[@Vlad2319]

Okay so 3/4 of the people means to me that most of the are probably doing 3 people's jobs. While having to work faster to boost production levels.

[@whydoe5289]

What?

[@xenon4795]

Just completing the 10-minute mark so they can add two ads. Nice!

[@markrobinson1135]

It's good to see caterpillar making money again.

[@Chill_Sahil]

In India, we call them JCB

[@Crow_1860]

This is so random to me.

[@tomlxyz]

That's because you didn't look into it before

[@hagdore]

But did you enjoy watching it? I certainly did.

[@mattcy6591]

Someone at CNBC took a position with their stocks and wants to see a spike.

[@jedjohnson6630]

What is the song that plays in the background from the start up till 1:43?

[@svetlanaivnitskaya3504]

I just bought their boots so it’s soaring!

[@mrhoho]

cat goes meow

[@wimprezax]

because CNBC is trying to pump it up, just like silver. Nice try

[@tobyhansen6804]

"Shrinking its manufacturing footprint" aka laying off workers

[@qtip3998]

Sleepy Joe wants to give their jobs back to china.

[@tobyhansen6804]

@@qtip3998 shut up

[@qtip3998]

@@tobyhansen6804 Why? You know it's true.

[@tobyhansen6804]

Yha OK what proof do you have?

[@qtip3998]

@@tobyhansen6804 Just look it up. All the manufacturing jobs are going back to overseas. Democrats love China

[@carly09et]

Stop just reporting propaganda... This is lovely placement by Caterpillar PR.

[@folumb]

Idk why, but since the crash course everyone got in market manipulation from the r/WSB controversy, I can't trust these CNBC short vids. How do I know this is why Caterpillar stock is rising? As opposed to an insider campaign with good PR videos like this aimed at getting us to continue a short trend in the rise of Caterpillar stock in order to make some hedge fund more money?

[@lastking235]

With all the "stickiness" they want to add, the question will remain... can you repair it once it breaks down (Right to Repair) or would CAT have to "give" you permission to repair your own equipment.

[@dalemarshall625]

Overpriced junk and I've been working on this stuff for 40 years

[@Dozervideo]

I wish you good work and success.

[@Yellow_Afryca]

Blink twice if they paid you to run this

[@phoenixeyes7160]

Im korean guy...Warren and Munger and Roders and Burry...I live them....Catterpillar good....i expect 3 years

[@alparslankorkmaz2964]

Nice video.

[@Hendreh1]

Caterpillar is more worth then tesla in reality

[@Hendreh1]

@@HermannTheGreat I do Not agree with that .Every latest Toyota has more technology then tesla. Caterpillar has the better service network and quality. Sorry but You better sell your Tesla shares now.

[@diealone9887]

Anyone else notice he said January 12th but the letters said January 7th?

[@gl4989]

I daily drive a cat bucket

[@maxpower9848]

that's because they are a Chinese company now and Biden is the president. Anything related to China is going to do fantastic from now on in the United States is going to pay the price

[@bobbailey8246]

so CAT are going to 'add stickiness to their customers', that means copying JD so people cannot repair their own machines, and will need the dealership to plug in a computer to re-enable onboard systems. With a projection of 28 billion dollars in services. There goes your right to repair your own equipment.

[@buckrogers5331]

My dad was an engineer sent to service CAT machinery during the Vietnam War. My mom was worried sick for his safety, even though he was in the safe reserve areas. She needn't have to coz my dad had some wild times there with photos to show (which I discovered hidden away in a drawer when I was still a kid, lol)

[@AJ-dn6ej]

elaborate plz

[@aaronwentzel4145]

Don't forget, their free cash flow has jumped due to the cutting of bonuses for upper managment. In some cases, cutting overall salary for some by 30%. So screw your longterm and most important employees to pump up the stock for the board and executives.

[@4toes1nose]

They improved their business strategy, bribe government officials which enables construction jobs to be made, bid the job with a totally new set of construction vehicles big and small into the bid price, then take the equipment to the auction yard auction it all off so your buddies benefit from a cheaper piece of construction equipment, and then bid the next job with all brand new Equipment and just keep doing it Over and over at the taxpayers expense, since corporations basically don’t pay taxes it’s a win win win situation