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Industrial-Strength Rally: Why Caterpillar Is Up 53% and GE Vernova Is Up 65% in 2026

Summary by 247wallst.com
The post Industrial-Strength Rally: Why Caterpillar Is Up 53% and GE Vernova Is Up 65% in 2026 appeared first on 24/7 Wall St.. Quick Read Caterpillar (CAT) stock has gained 53% year-to-date as Q1 Power Generation revenue jumped 41% on AI data center demand fueling record backlog momentum. GE Vernova (GEV) shares have climbed 65% year-to-date after Q1 orders improved by 71% with electrification segment booking $2.4B in data center equipment v…

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247wallst.com broke the news in New York, United States on Tuesday, May 5, 2026.
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