Caterpillar Reaches Buy Point at 931.35, Trades at $926.31

On June 3, Investor’s Business Daily named Caterpillar its Stock of the Day after the AI infrastructure play approached its three-weeks-tight buy point. CAT jumped nearly 5% on June 2 and has now climbed more than 60% year-to-date on the back of a strong Q1 earnings beat. The move follows June 2 reports that placed CAT, TSM, and other AI-related names in or near technical entry zones, with IBD maintaining its bullish 80–100% equity exposure stance.