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Caterpillar is essentially a construction equipment company that dabbles in farm equipment while Deere is a farm equipment company that also makes lawn and construction equipment. Caterpillar is notably bigger than Deere.
Correspondingly, who is Caterpillar's biggest competitor?
Caterpillar's top competitors include Liebherr Group, Cummins, CNH Industrial and MAN Energy Solutions. Caterpillar designs, manufactures, markets and sells machinery and engines. Liebherr Group is a company manufacturing construction and mining equipment.
Consequently, is Caterpillar a good investment?
Second, even with no long-term growth -- or, say, low-single-digit earnings growth (tracking inflation) -- Caterpillar is a good value. After all, the stock currently trades at a P/E just 11, and a price-to-free-cash-flow multiple of just over 15 times. Indeed, the stock's dividend yield is enticing enough at 3.25%.
When using ISO controls (excavator controls or John Deere controls), the right-hand controls the stick and bucket motions; the left-hand controls the swing and the boom. SAE controls (backhoe controls or CAT controls) are the opposite.