Replies to post #1083 on Caterpillar Inc (CAT)

[DewDiligence]

CAT exhibits latest mining equipment at MINExpo 2024:

https://finance.yahoo.com/news/future-starts-today-minexpo-2024-132500076.html

The stock hit an all-time high today.

[DewDiligence]

CAT latest energy-control systems:

https://finance.yahoo.com/news/caterpillar-reveals-two-control-systems-120757103.html

See #msg-174689607 for related info.

[DewDiligence]

More on CAT as an AI play:

https://finance.yahoo.com/news/centennial-anniversary-caterpillar-growth-now-110000710.html

As the storied construction giant celebrates its centennial anniversary in 2025, Caterpillar’s growth has evolved to fit the economic zeitgeist—now much of its new business is focused on powering the data center boom.

...Data centers need both primary power generation and backup power. It’s no coincidence that Caterpillar manufactures the equipment for both. ...Caterpillar...is providing the turbines for a data center’s on-site primary power, generator sets for backup power, and microgrids that can combine fossil fuel-based power with solar, battery storage, and more.

[DewDiligence]

Many investors were skeptical of CAT’s AI linkage when I first posted about this (e.g. #msg-174689613). Not anymore!