HomeBusinessTransportationCaterpillar (CAT) And Deere (DE) At A Good Value
Caterpillar (CAT) And Deere (DE) At A Good Value

Caterpillar (CAT) and Deere (DE) are two of our core fundamental industrial holdings, says John Eade of Argus Research. The uptick in the U.S. Dollar (/DX) affected commodity prices which in turn affected Caterpillar and Deere stock prices. He adds, President Biden's infrastructure spending plan is starting to fall apart a bit. He thinks Caterpillar and Deere are at a better value now after their drop. They are raising their forecast and price target to $250 on Caterpillar. He points out Deere has boosted its dividend by 18%. Argus raised their price target to $420 on Deere.

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