Caterpillar: These three trends shape the long-term growth story!

The strong demand for large-scale natural gas generators, gas turbines, and storage technology for data centers is paying off for Caterpillar!
Marvin Herzberger
M. Herzberger
Reading Time: 2 minutes

On August 4, Caterpillar was able to crush experts' expectations with its reported figures for the second quarter. The revenue increased by 22.8% compared to the previous year to $20.50 billion, and there was even a 73% increase in adjusted EPS to $8.17. Given these developments, the question arises whether the company can succeed in establishing a long-term growth story. I believe this question can be answered with a clear yes. My assessment is based on the fact that three long-term growth drivers are playing in the company's favor: 1. The IEA...

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