With a market cap of $393.3 billion, Caterpillar Inc. (CAT) is a global manufacturer of construction and mining equipment, engines, turbines, and diesel-electric locomotives, serving customers in the United States and around the world. It also supports customers through financing, insurance, parts distribution, and digital services.
Shares of the heavy equipment manufacturer have surpassed the broader market over the past 52 weeks. CAT stock has jumped 107.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.5%. Moreover, the stock is up 49.8% on a YTD basis, compared to SPX’s 13.8% return.