Caterpillar: An Attractive Opportunity Compared To Deere?
- Thursday, October 22, 2020, 7:18
- Market
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Why is the market letting you buy $103 of Caterpillar revenues for a price of roughly $170 per share of Caterpillar stock – implying a price-to-sales, P/S, multiple of close to 1.7x – while for Deere & Company, you need to shell out closer to 1.9x? Caterpillar’s 1.7x multiple is based on…
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