With a market cap of $403.4 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.
Companies valued over $200 billion are generally described as “mega-cap” stocks, and Caterpillar fits right into that category. Through its Construction Industries, Resource Industries, and Energy & Transportation segments, the company delivers a broad portfolio of machinery, components, and technology solutions, including autonomous systems and fleet management services.