business
Is Caterpillar a Buy, Sell, or Hold Amid the Iran War?
Key takeaways
- CAT ^GSPC ^DJI INTC NVDA The war in Iran commenced on Feb. 28, meaning March 2 was the first trading day on which investors could express their views on the conflict.
- Caterpillar (NYSE: CAT), the second-largest member of the Dow Jones Industrial Average, was worse for wear, tumbling 6.7% over those three weeks.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
CAT ^GSPC ^DJI INTC NVDA The war in Iran commenced on Feb. 28, meaning March 2 was the first trading day on which investors could express their views on the conflict. Over the next three weeks, the S&P 500 dipped 4.4%.
Caterpillar (NYSE: CAT), the second-largest member of the Dow Jones Industrial Average, was worse for wear, tumbling 6.7% over those three weeks. However, the industrial stock has since rebounded epically, gaining 9.9% for the month-long period ending May 22.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop