Caterpillar (CAT) Finds a New Growth Engine in Data Center Power Demand

Group 1 - Caterpillar Inc. is recognized as one of the 20 Best Performing Dividend Stocks in 2025 [1] - The company is experiencing a shift in its business focus, with the power and energy unit becoming its fastest-growing segment due to rising demand from data center operators investing in AI workloads [2][3] - Management anticipates annual sales growth to reach 5%–7% through 2030, an increase from the previous growth rate of about 4% [3] Group 2 - Caterpillar is investing $725 million in its Lafayette, Indiana plant to boost production of piston-driven engines and plans to more than double turbine engine capacity by 2030 [3] - The company's stock has surged nearly 61% this year, significantly outperforming the S&P 500 [4]