Caterpillar (CAT) Stock Hits Fresh High on AI Power Demand and Green Mining Push – What Investors Need to Know Now
Caterpillar shares traded near $602 on December 5, 2025, close to a 52-week high and valuing the company at about $280 billion. The stock has jumped over 50% in the past year, far outpacing the S&P 500, as demand for power-generation equipment from AI data centers and new battery-electric mining trucks lifts orders and backlog to record levels.