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Construction Stocks Worth Watching - October 1st

Caterpillar logo with Industrials background

Key Points

  • Caterpillar, Deere & Company, and CRH are highlighted as the top construction stocks to watch, driven by high trading volumes.
  • Caterpillar Inc. is noted for its wide range of construction and mining equipment, showing strong market performance with its stock hitting all-time highs.
  • CRH plc provides building materials solutions, contributing to public infrastructure and commercial buildings across multiple segments within Europe and the Americas.
  • Interested in Caterpillar? Here are five stocks we like better.

Caterpillar, Deere & Company, and CRH are the three Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of companies involved in the building and infrastructure sector—such as residential, commercial or industrial contractors, engineering firms, and suppliers of construction materials. Investors buy these stocks to gain exposure to economic cycles, since demand for new construction often rises in periods of growth and falls during downturns. 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

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

Read Our Latest Research Report on DE

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

Read Our Latest Research Report on CRH

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Should You Invest $1,000 in Caterpillar Right Now?

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While Caterpillar currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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