youtube
Michael Burry trimmed his bearish bet on Caterpillar by 75% after his put options quadrupled in value following sharp market volatility. While Caterpillar shares rebounded 7.2% to close near $599 after a steep drop, Seeking Alpha Quant Ratings currently flag the industrial giant as a Hold. Despite exceptional profitability metrics, including a 56.1% return on equity and robust EBITDA margins near 22%, valuation friction remains evident with a price-to-earnings multiple of 23.5. Burry locked in heavy gains on Caterpillar while maintaining short exposure in tech names like Oracle and Palantir, making this a pivotal moment for industrial investors.
|
