Reported about 22 hours ago
Caterpillar (CAT) has emerged as a leading stock performer in the Dow in 2025, driven by its transformation into an AI play. Despite challenges in earnings growth and two recent quarterly misses, shares have surged over 45% this year, surpassing competitors like Nvidia (NVDA). As it prepares to report third-quarter earnings, analysts emphasize the strong demand in its energy and transportation (E&T) segment, which is expected to contribute significantly to future earnings amidst weaknesses in construction.
Source: YAHOO