What's Driving Growth for Caterpillar?
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino discusses topics across the investing world.
In this edition, Isaac discusses three critical factors that will drive growth for DowJonesIndustrial component Caterpillar. The company's stock has soared over the past few years, fueled by the broader economic recovery as well as growth in mining and infrastructure construction. Caterpillar has crucial advantages due to an efficient supply chain with a presence all over the world. It's also a step ahead of the competition in the switch to more efficient locomotive engines. Finally, international growth will boost the company's top and bottom lines in the years to come.
International expansion remains critical for Caterpillar, but there are other American companies making waves in foreign markets. If the trend continues, investors could be looking at internationally fueled new stock highs. Uncover three additional companies in our special free report: "3 Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!
At the time this article was published Isaac Pino owns shares of General Electric. The Motley Fool owns shares of Westport Innovations.Motley Fool newsletter services recommendCummins and Westport Innovations. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.