A Great Company at a Fair Price: Caterpillar

Updated

Caterpillar's (NYSE: CAT) long-term success in the industrial market has gleaned a top spot with Fool.com analyst Austin Smith. This company has a 2.4% dividend yield, and is estimated to grow 17% each year for the next five years, impressive for a company that's already the industry leader. One key facet to that growth is its recent acquisition of Bucyrus International, making a substantial move into the mining industry, a key segment over the next few decades to serve the growing demands of the swelling global middle class.

Caterpillar is the market share leader in an industry in which size matters, and its quality products, extensive service network, and unparalleled brand strength combine to give it solid competitive advantages. Read all about Caterpillar's strengths and weaknesses in our brand new report. Just click here to access it now.

The article A Great Company at a Fair Price: Caterpillar originally appeared on Fool.com.

Austin Smith owns shares of General Electric Company, Unilever, and Philip Morris International. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Philip Morris International and Unilever. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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