Capital Wealth Planning CEO increased stake in Caterpillar (CAT) stock due to optimism on leadership change.

From Yahoo Finance: 2025-04-22 14:08:00

Capital Wealth Planning CEO, Kevin Simpson, increased his stake in Caterpillar (CAT) stock, citing optimism over upcoming leadership change. Morgan Stanley upgraded CAT to Equal Weight from Sell last week due to valuation and positive catalysts. CAT’s COO, Joseph Creed, will become CEO on May 1, signaling potential growth under his leadership.



Read more at Yahoo Finance: Veteran Investor Bought More Caterpillar (CAT) Stock on Weakness