Quick Read – Caterpillar (CAT) Power Generation revenue grew 41% YoY to $2.817B in Q1 2026 with total revenue up 22% to $17.415B and EPS beating consensus by 19.3%; Eaton (ETN) Electrical Americas hit record $3.51B revenue (up 21% YoY) with 24.9% segment margin and acquired Boyd…
ermal for $9.5B to expand data center cooling; Vertiv (VRT) Q1 2026 revenue jumped 30% YoY to $2.6495B with $15.0B backlog (up 109% YoY), book-to-bill near 2.9x, and 2026 guidance raised to $13.50B-$14.00B in sales with adjusted EPS of $6.30-$6.40. – Caterpillar, Eaton, and Vertiv, the overlooked infrastructure providers powering the AI buildout, are generating record results and backlog growth while trading with minimal retail attention compared to crowded AI chip names. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Caterpillar wasn’t one of them. Get them here FREE
The leading AI chip names are dominating every AI headline, and for good reason: their chips and platforms sit at the center of the buildout. But here’s what you should actually be watching. The crowded chip trade already prices in every bullish scenario investors can dream up.
Retail money piles in on every dip, options chains stay lit, and the consensus is so dense that any disappointment carries asymmetric downside. Meanwhile, the unglamorous companies physically building the AI economy keep posting record numbers with almost no retail noise. That is what an uncrowded trade looks like, and it is exactly where a retirement-focused investor wants to be hunting.