Caterpillar Inc. (NYSE:CAT) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026.
It was one of the stocks that Cramer mentioned during the episode, and he said: You need backup power
That’s Caterpillar and Cummins and Generac. As for the actual builders, CoreWeave, Oracle, they’re the ones putting them up as well as some private equity firms, Brookfield, Blue Owl, Blackstone, among many others. Caterpillar Inc. (NYSE:CAT) provides heavy machinery, engines, turbines, and rail equipment.
In addition, the company offers power systems, parts, and support that keep the equipment working. During the April 30 episode, Cramer noted that the company is benefiting from the data center build-out. He remarked: I remember the days when our economy ran only on the consumer… However, with the arrival of data centers, no surprise to see that Caterpillars on the list of hottest stocks, up 10% today… It’s got a ton of business from the data center build-out.