How Caterpillar Drives Sector Leading Performance Beyond AI Models The recent investor letter from Auxier Asset Management has highlighted Caterpillar as one of the top performers in the industrials sector.
The fund's Investor Class gained 8. 82% in the second quarter and 10. 70% for the six months ended June 30, 2026. However, what's behind this remarkable performance?
Is it a testament to Caterpillar's enduring business model or merely a case of opportunistic riding on the AI infrastructure trend?