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Caterpillar Trades Above $800. Here's Why It Could Be a $1, 000 Stock by 2028

Caterpillar Trades Above $800. Here's Why It Could Be a $1, 000 Stock by 2028

Hyperscalers cannot rely solely on local electrical grid interconnections to get access to the many megawatts their data centers need.

42 Key Data Points Market Cap $389B Market cap calculated using publicly traded shares outstanding only.

The company said it is tripling its production capacity of large reciprocating engines relative to its 2024 baseline.

That growth is enabling the company to invest more in new projects and reward shareholders.

That paradigm has shifted as the company's turbines and engines have come into greater demand as power sources for data centers.

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