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Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. Caterpillar Inc. (NYSE:CAT) is one of the stocks discussed by Jim Cramer.
Caterpillar Inc. (NYSE:CAT)’s shares have been under analyst focus as April comes to an end. On the 24th, Bank of America discussed the firm as it raised the share price target to $930 from $825 and kept a Buy rating on the stock. BofA remarked that Caterpillar Inc. (NYSE:CAT) could benefit from its Power & Energy business in its fiscal year 2027 and face pressure from tariff-induced costs. On the 20th, Truist had raised the share price target to $920 from $786 and kept a Buy rating on the stock. Truist’s coverage was part of its re-evaluation of the broader industrial machinery sector, as it remarked that the first-quarter earnings could be good. Cramer holds the same opinion about Caterpillar Inc. (NYSE:CAT):
“CAT I think is going to have an excellent quarter. But what people have to recognize, and they have good oil and gas. But what people have to recognize is that if you string thousands of Caterpillar engines together, and you tie em to say EQT, which I have tonight, don’t get on the grid. Then what you can do is, you can power a data center. Put enough together you got a gigawatt. People want gigawatts. This is a gigawatt play.”
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While we acknowledge the potential of CAT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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