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Construction industry related stocks?
Investor summaryNeutral
Seeing a local construction boom, the author seeks stock picks and questions if Caterpillar's PE of 46 is too high.
Bull points
- Local observation of widespread construction projects indicates a booming industry.
Bear points
- Caterpillar's high PE ratio of 46 raises concerns about its current valuation.
Post body
There are so many constructions in my area now. Schools, apartments and road constructions everywhere. I guess the construction industry is booming
What construction related stocks are good to invest in? Caterpillar looks like a solid company, but is the stock price now too high with PE =46?
Thank you in advance. I hope this post does not get auto-removed. Let's hope it goes through.
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