Construction Stocks Worth Watching - October 15th

Key Points

• Caterpillar, Australian Oilseeds, and Lowe's Companies are highlighted as the top construction stocks to watch, based on high trading volumes and their cyclical nature tied to economic factors.
• Caterpillar Inc., a leader in manufacturing construction and mining equipment, has reached an all-time high stock price, raising questions about its future growth potential.
• Lowe's Companies operates as a major home improvement retailer in the U.S., providing a wide range of products for construction and remodeling, supporting demand in the construction sector.

Caterpillar, Australian Oilseeds, and Lowe's Companies are the three Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of companies involved in building and related activities, including general contractors, specialty subcontractors, and suppliers of materials and heavy equipment used for residential, commercial, and infrastructure projects. Investors treat them as cyclical assets sensitive to economic growth, interest rates, housing demand and public spending, and they typically evaluate order backlogs, project margins, and commodity/input costs when assessing these equities. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Read Our Latest Research Report on CAT

Australian Oilseeds (COOT)

Australian Oilseeds Holdings Ltd. engages in the manufacture and sale oil seeds through its subsidiaries. It focuses on acquiring, engaging in a share exchange, share reconstruction, and amalgamation with, purchasing all or substantially all the assets of, entering contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities.

Read Our Latest Research Report on COOT

Lowe's Companies (LOW)

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

Read Our Latest Research Report on LOW