Caterpillar falls after sharing Q4 revenue outlook. What the pros say to do next
October 31, 2023
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Market Movers rounded up the latest reactions to Caterpillar from investors and analysts. The pros, including Jim Cramer , discussed the industrial giant after it reported third-quarter results that beat on the top and bottom lines. Caterpillar’s stock dipped Tuesday though after management said fourth-quarter revenue would be “slightly” above this same quarter last year . Caterpillar closed the trading session down 6.7% and is currently held in Cramer’s Charitable Trust portfolio.
