Jim Cramer Calls Former Caterpillar CEO Jim Umpleby a “Visionary”

Group 1 - Caterpillar Inc. reported a significant stock increase of over 11% following the announcement of its financial results, attributed to strategic decisions made by former CEO Jim Umpleby to shift the company towards a secular growth model by focusing on turbines and power equipment [1] - The company's "star divisions" identified by Jim Cramer include turbines and power equipment, which are essential for various applications, particularly in data centers [1] - Caterpillar manufactures and sells a range of equipment including construction, mining, and energy equipment, as well as providing financial services and fleet management [2]