Caterpillar’s Power Pivot: AI-Driven Demand and Backlog Make a Mid-Term Long Trade
Caterpillar is uniquely positioned to benefit from the 'gigawatt pivot' as hyperscalers and industrial players scramble for reliable, on-site power. With a $337B market cap, $7.45B in free cash flow and a healthy backlog tied to power projects, the risk/reward favors a mid-term long. Trade plan: enter $745.00, stop $710.00, target $820.00, horizon …