Caterpillar stock has delivered a very strong 332.0% total return over the past 5 years, yet current checks suggest the shares now look closer to fairly valued than clearly cheap, with only a limited margin between the market price and one widely used intrinsic value estimate. At the same time, traditional earnings multiples still screen…
CHINA / MILITARY Drone swarm tech valued by both defense and civilian sectors, industry platform says Development in field to enhance country’s intl competitiveness: CETC
