Caterpillar Has Halved by 50% from Its High! But the Business is Stronger than Ever!

Caterpillar (i)(CAT) is one of those companies that survive entire economic cycles for me. Since 1925, the company has evolved from a tractor manufacturer to the global leader in construction and mining equipment, large engines, and turbines. This traditional business remains the foundation, but now a second growth driver is emerging with AI infrastructure. After the decline from the 52-week high of approximately $1,073 to around $585 recently, the stock has fallen by almost 50% at one point. That’s exactly why it is becoming significantly more...