Feb. 16 at 4:47 PM
$CAT The division that is supposedly justifying the current PE would have to grow 46% every year for 3 years for a PE of 25, still well above the average CAT or industry average. Even over 5 years it would have to grow 26% every. single. year. That is insane tech-like growth for a company that makes industrials. CAT does not have the moat to be a single source provider of engines for AI infrastructure. This is is the easiest short of 2026 so far.