🟢 CAT is trading 3.2% up today driven by AI data center demand and CES 2026 showcase

CAT is trading at $617.77 (+3.24%) as the company prepares to showcase Industrial AI and autonomy innovations at CES 2026.

• The stock's momentum reflects strong Q3 fundamentals, including record $17.6 billion quarterly revenue (up 9.5%) and a record $39.9 billion backlog.
• Caterpillar's $725 million capacity expansion at its Lafayette engine plant underscores rapid growth in its power and energy unit, directly tied to AI infrastructure projects.
• Analyst estimates project 18.95% earnings growth and 8.30% revenue growth for 2026, supporting the stock's Zacks Rank #2 (Buy) rating.