Farm and Construction Machinery Stocks on Investors' Radar -- Caterpillar, CNH Industrial, Deere, and Manitowoc
NEW YORK, August 23, 2017 /PRNewswire/ --
If you want a Stock Review on CAT, CNHI, DE, or MTW then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Tuesday, August 22, 2017, US markets saw broad based gains with all nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,297.48, up 1.36%; the Dow Jones Industrial Average edged 0.90% higher to finish at 21,899.89; and the S&P 500 closed at 2,452.51, up 0.99%. This Wednesday morning, DailyStockTracker.com looks at the performance of these four Farm & Construction Machinery stocks: Caterpillar Inc. (NYSE: CAT), CNH Industrial N.V. (NYSE: CNHI), Deere & Co. (NYSE: DE), and The Manitowoc Co. Inc. (NYSE: MTW). This morning's free research reports on the aforesaid equities can be accessed upon registration on DailyStockTracker.com at: http://dailystocktracker.com/register/
Caterpillar
On Tuesday, shares in Peoria, Illinois headquartered Caterpillar Inc. recorded a trading volume of 3.87 million shares. The stock ended the session 1.95% higher at $115.82. The Company's shares have gained 11.76% over the previous three months, 38.56% in the past twelve months, and 24.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.74% and 16.48%, respectively. Moreover, shares of Caterpillar, which manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives for heavy and general construction, rental, quarry, aggregate, mining, waste, material handling, oil and gas, power generation, marine, rail, and industrial markets, have a Relative Strength Index (RSI) of 67.23.
On August 03rd, 2017, research firm Atlantic Equities upgraded the Company's stock rating from 'Underweight' to 'Neutral'. Visit us today and download your complete report on CAT for free at: http://dailystocktracker.com/registration/?symbol=CAT
CNH Industrial
London, the UK-based CNH Industrial N.V.'s stock closed the day 0.98% higher at $11.28 with a total trading volume of 338,794 shares. The Company's shares have advanced 50.20% over the last twelve months and 29.80% since the start of this year. The stock is trading above its 200-day moving average by 12.55%. Additionally, shares of CNH Industrial, which designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, and buses worldwide, have an RSI of 42.39. The complimentary research report on CNHI can be accessed at: http://dailystocktracker.com/registration/?symbol=CNHI
Deere
Shares in Moline, Illinois headquartered Deere & Co. recorded a trading volume of 3.05 million shares, which was above their three months average volume of 2.51 million shares. The stock ended yesterday's trading session 0.82% higher at $117.48. The Company's shares have advanced 33.56% in the past twelve months and 14.01% on an YTD basis. The stock is trading above its 200-day moving average by 4.53%. Furthermore, shares of Deere, which together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide, have an RSI of 30.02.
On August 18th, 2017, research firm Robert W. Baird downgraded the Company's stock rating from 'Outperform' to 'Neutral' while revising its previous target price from $140 a share to $130 a share. Register for free on DailyStockTracker.com and download the research report on DE at: http://dailystocktracker.com/registration/?symbol=DE
Manitowoc
Wisconsin-based The Manitowoc Co. Inc.'s stock finished Tuesday's session 3.03% higher at $7.83 with a total trading volume of 1.15 million shares. The Company's shares have advanced 35.00% in the last month, 32.49% over the previous three months, 60.12% in the past twelve months, and 30.94% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 23.13% and 30.10%, respectively. Additionally, shares of Manitowoc, which provides engineered lifting equipment for the construction industry worldwide, have an RSI of 70.77.
On August 17th, 2017, research firm JP Morgan upgraded the Company's stock rating from 'Underweight' to 'Neutral'. Get free access to your research report on MTW at: http://dailystocktracker.com/registration/?symbol=MTW
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article