CAT Outpaces Industry in 3 Months: Time to Buy the Stock?

Key Takeaways CAT stock rose 9.5% in 3 months, outperforming peers, its sector and the S&P 500. Caterpillar boosted its dividend by 7%, marking 31 consecutive years of increases. Growth in E&T profits, AI-driven engine demand and mining tailwinds support CAT's outlook.Caterpillar Inc. (CAT) shares have gained 9.5% in the past three months, outperforming the manufacturing - construction and mining industry’s 9.2% growth. The Zacks Industrial Products sector and the S&P 500 have gained 5.5% and 6.8%, respec ...