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/
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
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
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
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
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