Caterpillar is engaged in manufacturing construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Co.'s segments include: Construction Industries, which supports customers using machinery in infrastructure and building construction applications; Resource Industries, which supports customers using machinery in mine and quarry applications; Power Systems, which supports customers using reciprocating engines, turbines and related parts across industries serving electric power, industrial, petroleum and marine applications, among others; and Financial Products, which provides retail and wholesale financing for Co.'s products.
Most stocks move in the same direction as the general market. This bull market is no different, and many individual stocks have put in new highs along with the major indexes.
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