5.0
8 Jan 2009
Current employee
Peoria, IL
Recommend
CEO approval
Business outlook
Pros
Stable, high tech company that is a bit conservative in its business model. However, the company has taken an active stance to plan for the downward portions of a business cycle (the trough) where it can still be profitable. The company has good common business sense for the long haul. Consequently, Caterpillar is a world leader for heavy machinery and manufacturing.
Cons
Wall streat considers Cat to be a cyclic company. This may be the market we work in, but Caterpillar is on the leading edge of technology.