Caterpillar's record $63B backlog jumps 79% year over year, boosting revenue visibility and supporting a stronger 2026 sales growth outlook.
Industrial production rises amid inflation pressure, spotlighting CAT, HLIO, DOV, LXFR as four manufacturing stocks to watch from Zacks Rank picks.
The artificial intelligence boom has created enormous wealth for chipmakers and cloud computing giants. Yet some of the stock market's biggest winners this year have been companies selling products that look more at home in industrial equipment catalogues than in Silicon Valley.
Ritholtz Wealth Management's top executive, Josh Brown, is recommending investors stick with three outperformers through the end of this year (2026). His top picks – Interactive Brokers, Caterpillar, and Delta Air Lines – have notably outperformed the broader market in recent months, which Brown believes justifies owning these names for the long term.
Caterpillar Inc (NYSE:CAT) is enjoying a record run, last seen up 3.7% at $1,022.06, heading for a seventh consecutive win.
Chevron signed a 20-year power agreement to fuel Microsoft data centers with natural gas.
Caterpillar is the hottest stock in the Dow this year, and now one of just two in the index with a price above $1,000.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
Caterpillar (CAT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) has climbed about 7% year to date and is up almost 22% over the past year, but those returns hide a dramatic shift in what drives DIA.