Why Shares in Caterpillar Soared in November

Why Shares in Caterpillar Soared in November

Shares in Caterpillar (NYSE: CAT) rose 10.5% in November according to data provided by S&P Global Market Intelligence. Although the move comes pretty much in line with the S&P 500's gain in the month, there was some positive news on Caterpillar that could create a positive trajectory for the stock. There were three positive catalysts for Caterpillar in November.