- Argus Lifts PT on Caterpillar Inc. (CAT), Expects Strong Demand
May 12, 2026
Caterpillar Inc. (NYSE:CAT) is one of the top “blue chip” stocks that were suddenly on fire in April. On May 5, Argus lifted the price target on Caterpillar Inc. (NYSE:CAT) to $990 from $820, reaffirming a Buy rating on the shares. The firm told investors in a research note that the company has recently seen success from solid data center growth, which is raising demand for its power generation products. This includes gas turbines, reciprocating engines, and solar microgrid systems. It added that Caterpillar Inc. (NYSE:CAT) has also seen solid growth in its oil & gas business, along with its construction equipment used to build data centers. Argus anticipates the strong demand to continue in these growth areas in 2026 and the foreseeable future.Caterpillar Inc. (CAT) Will Benefit From Data Center Spending, Says Jim Cramer
Caterpillar Inc. (NYSE:CAT) also received a rating update from DA Davidson on May 4, with the firm lifting the price target on the stock to $845 from $650 and maintaining a Neutral rating on the shares. The rating update came after the company reported better-than-expected fiscal Q1 results, with the firm telling investors in a research note that most of the key numbers handily surpassed expectations. The management’s outlook was raised as the company is increasingly being driven by data center applications, now targeting 3x growth in its large engine capacity by 2028, up from 2x prior, according to the firm.
Caterpillar Inc. (NYSE:CAT) is involved in the business of industrial gas turbines, manufacturing construction and mining equipment, off-highway diesel and natural gas engines, and diesel-electric locomotives. The company’s operations are divided into the following segments: Construction Industries, Resource Industries, Energy and Transportation, Financial Products, and All Other.
While we acknowledge the potential of CAT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
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- Cactus Announces Board and Executive Leadership Transitions
May 12, 2026
HOUSTON, May 12, 2026--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) ("Cactus" or the "Company") today announced that Ms. Tana Utley has been elected to the Company’s Board of Directors (the "Board") at the Company’s Annual Meeting of Stockholders held May 12, 2026. Ms. Utley retired in 2022 after a 36-year career with Caterpillar Inc. ("Caterpillar") and was an officer for Caterpillar for over 13 years of her tenure. She concluded her career at Caterpillar as Vice President of the Large Power Systems Division from 2013 through 2022. With the addition of Ms. Utley and decisions by Mr. Bruce Rothstein and Ms. Melissa Law to not stand for reelection, the Board has reduced the size of the Board to eight members, which includes six independent directors.
Additionally, the Board has appointed Steven Bender, currently Chief Operating Officer, the additional title of Chief Executive Officer of the Spoolable Technologies Segment. Steven has served as Chief Operating Officer since 2023 and served as our Vice President of Operations from 2011 through 2023. Steven is assuming leadership duties of the Spoolable Technologies Segment from Stephen Tadlock, which will allow him to focus on his duties leading the Cactus International Joint Venture.
Scott Bender, Chairman of the Board and CEO of Cactus, commented, "I am very pleased to welcome Ms. Utley to our Board as an independent director. Her global technical leadership and public company board experience make her an ideal addition to our Board and I believe we will benefit greatly from her expertise. I would also like to thank Bruce Rothstein and Melissa Law for their many contributions to the Board and wish them well in their future endeavors.
"Additionally, I would like to thank Stephen Tadlock for his leadership in integrating our Spoolable Technologies business and am pleased that he has additional capacity to continue to lead the ongoing transformation of our Cactus International business. I’m confident that Steven Bender will continue to lead the Spoolable Technologies business with a focus on executing for our customers given his extensive history in leading the operations of Cactus, which will ensure a smooth transition."
About Cactus, Inc.
Cactus designs, manufactures, sells or rents a range of highly engineered pressure control and spoolable pipe technologies. Its products are sold and rented principally for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of its customers’ wells. In addition, it provides field services for its products and rental items to assist with the installation, maintenance and handling of the equipment. Cactus operates service centers and manufacturing facilities globally with an emphasis in North America and the Middle East.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20260512044252/en/
Contacts
Cactus, Inc.
Alan Boyd, 713-904-4669
Treasurer, Director of Corporate Development and Investor Relations
IR@CactusWHD.com
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- CORRECTION - Leverage Shares by Themes Targets Market Movers Across Tech and Industrials with Nine New 2X Single-Stock ETFs
May 12, 2026
Themes ETF Trust
GREENWICH, Conn., May 12, 2026 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Themes ETF Trust, please note the management fee in the second paragraph is now 0.75% rather than 0.35% as originally issued. The corrected release follows:
Leverage Shares by Themes is pleased to announce the launch of nine new 2X single-stock leveraged ETFs, available for trading beginning May 12, 2026. Built for active traders seeking dynamic ways to engage with potentially high-growth innovators, these products are designed with the goal of helping investors amplify returns (up & down) while actively participating in the daily performance of their underlying stocks.
The new Cboe-listed ETFs are tailored to target 200% exposure to the daily performance of their underlying stocks, offering sophisticated traders and the retail investor efficient tools to help capitalize on market movements at a management fee of 0.75%.
The new ETFs are:
STXU – Leverage Shares 2X Long STX Daily ETF [Seagate Technology Holdings, NASDAQ: STX]
SNDG – Leverage Shares 2X Long SNDK Daily ETF [SanDisk Corp, NASDAQ: SNDK]
CIEG – Leverage Shares 2X Long CIEN Daily ETF [Ciena Corp, NYSE: CIEN]
CATG – Leverage Shares 2X Long CAT Daily ETF [Caterpillar Inc., NYSE: CAT]
HONG – Leverage Shares 2X Long HON Daily ETF [Honeywell International Inc., NASDAQ: HON]
AAOG – Leverage Shares 2X Long AAOI Daily ETF [Applied Optoelectronics Inc., NASDAQ: AAOI]
AMAU – Leverage Shares 2X Long AMAT Daily ETF [Applied Materials Inc., NASDAQ: AMAT]
ETNG – Leverage Shares 2X Long ETN Daily ETF [Eaton Corporation PLC, NYSE: ETN]
COHH – Leverage Shares 2X Long COHR Daily ETF [Coherent Corp, NYSE: COHR]
“This launch underscores our commitment to expanding access to high-conviction, single-stock trading strategies across a diverse set of market leaders. With these nine new 2X leveraged ETFs, we’re providing traders with precise, capital-efficient tools to actively engage with the daily performance of companies driving innovation across technology, industrials, and beyond.”– Paul Marino, Chief Revenue Officer, Themes ETFs
For more information about these ETFs and other products offered by Leverage Shares by Themes, please visit www.leverageshares.com/us
For media inquiries, please contact:
Arielle Shternfeld, Director, Communications and Advisor Relations
ashternfeld@themesetfs.com
+1 (860) 716-3686
About Themes ETFs:
Themes ETFs was established by the Co-Founders of Leverage Shares in 2023 to offer thematic and sector-based products in the US. Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. Themes ETFs seeks to provide investors with targeted exposure to specific segments of the market via its low-cost ETFs. For more information, visit www.themesetfs.com.
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About Leverage Shares:
The company was launched in 2017 by CEO Jose Gonzalez-Navarro, COO Dobromir Kamburov and General Counsel Tracy Grant (the “Co-Founders”) and has 160+ ETPs offering both leveraged and unleveraged exposure to single stocks, ETFs and commodities across various exchanges in Europe. For more information, please visit www.leverageshares.com
INVESTMENT INVOLVES SIGNIFICANT RISK. Fund does not invest directly in the underlying stock. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund.
An investor should carefully consider a Fund's investment objective, risks, charges, and expenses before investing. A Fund's prospectus and summary prospectus contain this and other information about Themes ETFs. To obtain a Fund's prospectus and summary prospectus call 886-584-3637. A Fund's prospectus and summary prospectus should be read carefully before investing.
Newly launched Funds have risks associated with a limited operating history.
Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the underlying stock over the same period. The Fund will lose money if the underlying stock performance is flat over time, and because of daily rebalancing, the underlying stock’s volatility, and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying stock’s performance increases over a period longer than a single day. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the underlying stock’s performance is flat, and it is possible that the Fund will lose money even if the underlying stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of the underlying stock falls by more than 50% in one trading day.
Under the Investment Advisory Agreement between the Adviser and the Trust, on behalf of the Fund (the “Investment Advisory Agreement”), the Adviser has agreed to pay all expenses of the Fund, except for the fee paid to the Adviser pursuant to the Investment Advisory Agreement, interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, extraordinary expenses, and distribution (12b-1) fees and expenses.
Past performance does not guarantee future results.
INVESTMENT RISKS: Investing in the Funds involves a high degree of risk. As with any investment, there is a risk that you could lose all or a portion of your investment in the Funds.
Investment in leveraged products may be subject to higher volatility. Fund does not directly invest in the underlying stock. An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps is subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, IntraDay Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.
For periods longer than a single day, the Funds will lose money if STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR has flat performance, and it is possible that the Funds will lose money even if STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR falls by more than 50% in one trading day.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (NBBO) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses, or sales charges. One cannot invest directly in an index.
This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. The funds are distributed by ALPS Distributors, Inc (1290 Broadway, Suite 1000, Denver, Colorado 80203). ALPS is not affiliated with any mentioned entity. Client brokerage services not offered by ALPS. Please see third party site for more information about any mentioned services. Themes ETFs are not sponsored, endorsed, issued, sold, or promoted by these entities, nor do these entities make any representations regarding the advisability of investing in the Themes ETFs. Neither ALPS Distributors, Inc, Themes Management Company LLC nor Themes ETFs are affiliated with these entities. Themes Management Company LLC and Leverage Shares are affiliates that are under common control. Themes Management Company and Leverage Shares have entered into a licensing agreement in which Leverage Shares licenses the trademark LEVERAGE SHARES to Themes Management Company LLC for use in financial services in the United States.
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- Caterpillar Inc. Releases 2025 Annual and Sustainability Reports
May 12, 2026
Reports highlight strong 2025 performance, refreshed strategy for profitable growth
IRVING, Texas, May 12, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today released its 2025 Annual and Sustainability Reports, detailing the company's strong business performance and refreshed strategy for profitable growth.Caterpillar Inc. released its 2025 Annual and Sustainability Reports detailing the company's strong business performance and refreshed strategy for profitable growth.
"Our centennial year was a significant milestone, marked by the highest full-year sales and revenues in Caterpillar history," said Caterpillar Chairman and CEO Joe Creed. "Our 2025 reports highlight how our employees, alongside the Cat® dealer network, are building on a strong foundation to deliver our mission: solving our customers' toughest challenges."
Advancing Caterpillar's Strategy and Sustainability Priorities Caterpillar's refreshed enterprise strategy for profitable growth, grounded in our purpose to build a better, more sustainable world, is organized around three pillars: Commercial Excellence, Advanced Technology Leader and Transform How We Work.
Progress toward Caterpillar's 2030 sustainability goals is also highlighted, including growth in remanufactured products and solutions and an ongoing commitment to employee safety, health and well–being.
Enabling Customer Success The reports demonstrate how Caterpillar and its dealer network provide solutions to help customers as they work to improve efficiency, extend asset life and support their sustainability objectives.
"Our strategy starts with what our customers need to succeed," said Ebban Clause, chief sustainability and strategy officer. "By combining advanced technologies with integrated services and a broad range of power and equipment solutions, we're helping customers improve productivity, reduce emissions and create value across the full lifecycle of their operations."
Investing in Communities and People The talent, dedication and different perspectives of Caterpillar employees are what fuels the company's ability to innovate, solve complex challenges and deliver on its purpose and mission. The reports detail how Caterpillar drives a culture of safety excellence and offers employees opportunities to develop skills and grow their careers. They also highlight how the company supports communities through corporate and philanthropic donations.
The reports highlight the company's ongoing commitment to its people, demonstrated through a $100 million pledge over five years to help equip the workforce of the future with the skills needed for tomorrow's manufacturing and industrial jobs.
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Caterpillar and its employees are equally dedicated to improving the lives of others around the world through the Caterpillar Foundation. Through its ongoing work, the Caterpillar Foundation surpassed $1 billion in global giving in 2025 to help build stronger, more sustainable communities. This critical work is detailed in the reports.
Learn more and explore the reports at caterpillar.com/reports.
About Caterpillar For more than a century, Caterpillar has built a better, more sustainable world. With 2025 sales and revenues of $67.6 billion, Caterpillar Inc. is shaping the future as the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Backed by one of the largest independent global dealer networks and financing services through Cat Financial, the company's primary business segments: Power & Energy, Construction Industries and Resource Industries are solving customers' toughest challenges through commercial excellence and advanced technology, driven by a highly skilled, dedicated global team. Learn more at www.caterpillar.com.Caterpillar Inc (PRNewsfoto/Caterpillar Inc.)Cision
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- Leverage Shares by Themes Targets Market Movers Across Tech and Industrials with Nine New 2X Single-Stock ETFs
May 12, 2026
Themes ETF Trust
GREENWICH, Conn., May 12, 2026 (GLOBE NEWSWIRE) -- Leverage Shares by Themes is pleased to announce the launch of nine new 2X single-stock leveraged ETFs, available for trading beginning May 12, 2026. Built for active traders seeking dynamic ways to engage with potentially high-growth innovators, these products are designed with the goal of helping investors amplify returns (up & down) while actively participating in the daily performance of their underlying stocks.
The new Cboe-listed ETFs are tailored to target 200% exposure to the daily performance of their underlying stocks, offering sophisticated traders and the retail investor efficient tools to help capitalize on market movements at a management fee of 0.35%.
The new ETFs are:
STXU – Leverage Shares 2X Long STX Daily ETF [Seagate Technology Holdings, NASDAQ: STX]
SNDG – Leverage Shares 2X Long SNDK Daily ETF [SanDisk Corp, NASDAQ: SNDK]
CIEG – Leverage Shares 2X Long CIEN Daily ETF [Ciena Corp, NYSE: CIEN]
CATG – Leverage Shares 2X Long CAT Daily ETF [Caterpillar Inc., NYSE: CAT]
HONG – Leverage Shares 2X Long HON Daily ETF [Honeywell International Inc., NASDAQ: HON]
AAOG – Leverage Shares 2X Long AAOI Daily ETF [Applied Optoelectronics Inc., NASDAQ: AAOI]
AMAU – Leverage Shares 2X Long AMAT Daily ETF [Applied Materials Inc., NASDAQ: AMAT]
ETNG – Leverage Shares 2X Long ETN Daily ETF [Eaton Corporation PLC, NYSE: ETN]
COHH – Leverage Shares 2X Long COHR Daily ETF [Coherent Corp, NYSE: COHR]
“This launch underscores our commitment to expanding access to high-conviction, single-stock trading strategies across a diverse set of market leaders. With these nine new 2X leveraged ETFs, we’re providing traders with precise, capital-efficient tools to actively engage with the daily performance of companies driving innovation across technology, industrials, and beyond.”– Paul Marino, Chief Revenue Officer, Themes ETFs
For more information about these ETFs and other products offered by Leverage Shares by Themes, please visit www.leverageshares.com/us
For media inquiries, please contact:
Arielle Shternfeld, Director, Communications and Advisor Relations
ashternfeld@themesetfs.com
+1 (860) 716-3686
About Themes ETFs:
Themes ETFs was established by the Co-Founders of Leverage Shares in 2023 to offer thematic and sector-based products in the US. Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. Themes ETFs seeks to provide investors with targeted exposure to specific segments of the market via its low-cost ETFs. For more information, visit www.themesetfs.com.
Story Continues
About Leverage Shares:
The company was launched in 2017 by CEO Jose Gonzalez-Navarro, COO Dobromir Kamburov and General Counsel Tracy Grant (the “Co-Founders”) and has 160+ ETPs offering both leveraged and unleveraged exposure to single stocks, ETFs and commodities across various exchanges in Europe. For more information, please visit www.leverageshares.com
INVESTMENT INVOLVES SIGNIFICANT RISK. Fund does not invest directly in the underlying stock. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund.
An investor should carefully consider a Fund's investment objective, risks, charges, and expenses before investing. A Fund's prospectus and summary prospectus contain this and other information about Themes ETFs. To obtain a Fund's prospectus and summary prospectus call 886-584-3637. A Fund's prospectus and summary prospectus should be read carefully before investing.
Newly launched Funds have risks associated with a limited operating history.
Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the underlying stock over the same period. The Fund will lose money if the underlying stock performance is flat over time, and because of daily rebalancing, the underlying stock’s volatility, and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying stock’s performance increases over a period longer than a single day. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the underlying stock’s performance is flat, and it is possible that the Fund will lose money even if the underlying stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of the underlying stock falls by more than 50% in one trading day.
Under the Investment Advisory Agreement between the Adviser and the Trust, on behalf of the Fund (the “Investment Advisory Agreement”), the Adviser has agreed to pay all expenses of the Fund, except for the fee paid to the Adviser pursuant to the Investment Advisory Agreement, interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, extraordinary expenses, and distribution (12b-1) fees and expenses.
Past performance does not guarantee future results.
INVESTMENT RISKS: Investing in the Funds involves a high degree of risk. As with any investment, there is a risk that you could lose all or a portion of your investment in the Funds.
Investment in leveraged products may be subject to higher volatility. Fund does not directly invest in the underlying stock. An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps is subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, IntraDay Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.
For periods longer than a single day, the Funds will lose money if STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR has flat performance, and it is possible that the Funds will lose money even if STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of STX, SNDK, CIEN, CAT, HON, AAOI, AMAT, ETN, or COHR falls by more than 50% in one trading day.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (NBBO) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses, or sales charges. One cannot invest directly in an index.
This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. The funds are distributed by ALPS Distributors, Inc (1290 Broadway, Suite 1000, Denver, Colorado 80203). ALPS is not affiliated with any mentioned entity. Client brokerage services not offered by ALPS. Please see third party site for more information about any mentioned services. Themes ETFs are not sponsored, endorsed, issued, sold, or promoted by these entities, nor do these entities make any representations regarding the advisability of investing in the Themes ETFs. Neither ALPS Distributors, Inc, Themes Management Company LLC nor Themes ETFs are affiliated with these entities. Themes Management Company LLC and Leverage Shares are affiliates that are under common control. Themes Management Company and Leverage Shares have entered into a licensing agreement in which Leverage Shares licenses the trademark LEVERAGE SHARES to Themes Management Company LLC for use in financial services in the United States.
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- 2 Mega-Cap Stocks to Target This Week and 1 That Underwhelm
May 12, 2026
"Too big to fail" is how we would describe the megacap stocks in this article today. While they will likely stand the test of time, it’s not all sunshine and rainbows as their scale can limit their ability to find new sources of growth.
This dynamic can trouble even the most skilled investors, but luckily for you, we started StockStory to help you navigate these trade-offs and uncover exceptional companies that break the mold. Keeping that in mind, here are two industry titans that still have big upside potential and one that could be stalling.
One Mega-Cap Stock to Sell:
Tesla (TSLA)
Market Cap: $1.55 trillion
Originally founded by Martin Eberhard and Marc Tarpenning in 2003, Tesla (NASDAQ:TSLA) is an electric vehicle company accelerating the world’s transition to sustainable energy.
Why Should You Sell TSLA?
Tesla's scale advantage in EV production leads to gross margins that exceed incumbents such as General Motors and Ford. However, a softer macroeconomic backdrop and tariff pressures have weighed on automobile sales, which are highly cyclical. The company's execution ability is a question mark given its long history of delays, such as the Cybertruck and Robotaxi launches. Its sizeable investments in projects with uncertain return timelines, like Optimus, also raise skepticism from investors. On the bright side, Tesla's Megapack product solves a critical problem for utilities needing renewable energy storage solutions. This innovation has made the energy segment the most profitable and fastest-growing business line for the company.
At $409.04 per share, Tesla trades at 184x forward price-to-earnings. Read our free research report to see why you should think twice about including TSLA in your portfolio, it’s free.
Two Mega-Cap Stocks to Watch:
AMD (AMD)
Market Cap: $666 billion
Founded in 1969 by a group of former Fairchild semiconductor executives led by Jerry Sanders, Advanced Micro Devices (NASDAQ:AMD) is one of the leading designers of computer processors and graphics chips used in PCs and data centers.
Why Will AMD Beat the Market?
Impressive 26.8% annual revenue growth over the last five years indicates it’s winning market share this cycle Demand for the next 12 months is expected to accelerate above its two-year trend as Wall Street forecasts robust revenue growth of 47.4% Earnings growth has comfortably beaten the peer group average over the last five years as its EPS has compounded at 23% annually
AMD is trading at $407.71 per share, or 48.5x forward P/E. Is now the right time to buy? See for yourself in our comprehensive research report, it’s free.
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Caterpillar (CAT)
Market Cap: $412.5 billion
With its iconic yellow machinery working on construction sites, Caterpillar (NYSE:CAT) manufactures construction equipment like bulldozers, excavators, and parts and maintenance services.
Why Is CAT on Our Radar?
Healthy operating margin of 16.9% shows it’s a well-run company with efficient processes, and its rise over the last five years was fueled by some leverage on its fixed costs Free cash flow margin expanded by 5 percentage points over the last five years, providing additional flexibility for investments and share buybacks/dividends Industry-leading 36.6% return on capital demonstrates management’s skill in finding high-return investments
Caterpillar’s stock price of $893.38 implies a valuation ratio of 37x forward P/E. Is now the time to initiate a position? Find out in our full research report, it’s free.
Stocks We Like Even More
ONE MORE THING: Top 6 Stocks for This Week. This market is separating quality stocks from expensive ones fast. AI taking down whole sectors with no warning. In a rotation this fast, you need more than a list of good companies.
Our AI system flagged Palantir before it ran 1,662%. AppLovin before it ran 753%. Nvidia before it ran 1,178%. Each week it produces 6 new names that pass the same tests. Get Our Top 6 Stocks for Free HERE.
Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
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- AI Mania Makes Old-School Industrials Behave Like Chip Stocks
May 12, 2026
(Bloomberg) -- Optimism surrounding the potential for industrial companies to profit from the artificial intelligence boom has fueled record-setting momentum in the sector. Now worries are mounting that the group’s link to AI may be getting too tight.
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A gauge of 45-day correlation between the S&P 500 Industrials Sector, home to stocks like Deere & Co. and Fastenal Co., and the Philadelphia Stock Exchange Semiconductor Index is sitting at 0.75, near the highest level since June. A reading of 1 means the securities move in lockstep.
Many industrial companies provide the essential physical infrastructure needed to build and operate data centers, making them a second-derivative play for artificial intelligence. That makes the sector, already sensitive to swings in the broader economic cycle, also susceptible to risks of AI demand slowing.
“If AI is the single engine that’s driving both the stock market and the economy, any types of sputtering will end up being a bigger issue for everything,” said Michael O’Rourke, chief market strategist at JonesTrading Institutional Services. “Any weakness that emerges among a key player here should have ramifications throughout everything.”
The near-tandem moves were on display on Monday, when chipmakers like Qualcomm Inc. and Micron Technology Inc. helped lift the S&P 500 Index and industrial firms like power-equipment provider Vertiv Holdings Co. were among the top performers in the benchmark. The dynamic also sets up a test for both tech and industrial stocks when heavyweight Nvidia Corp. reports results next week.
Right now, there are 15 non-tech companies with a combined market capitalization of $2 trillion that are “moving as a derivative of AI capex,” Neil Dutta, head of economic research at Renaissance Macro Research LLC, wrote in a May 7 note to clients. “If the AI cycle ever cools off, the wealth-effect drag on consumption is not going to be confined to the Mag 7.”
Industrials including Vertiv, Eaton Corp., Caterpillar Inc. and even engine maker Cummins Inc. are high on the list. The stocks are more than 60% correlated to the VanEck Semiconductor ETF, data compiled by Renaissance Macro show.
“These are not tech stocks. They trade like semis because their order books have become AI capex order books,” Dutta said, noting that Caterpillar is selling backup generators to data centers, while Vertiv provides cooling and power management equipment.
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Indeed, the AI spending boom has reshaped the way that some of the sector’s most-storied names trade. Caterpillar, famous for its yellow backhoes and bulldozers, has surged more than 170% in the past 12 months. Sales to data centers have fueled a 250% rally in Vertiv and a 150% advance in GE Vernova Inc. over the past year.
“These are the picks and shovels and infrastructure behind the AI buildout,” said Emily Roland, co-chief investment strategist at Manulife John Hancock. She said that while the sector has gotten expensive, the “magnitude of the earnings beats” in industrials is outpacing other groups. At the outset of earnings season, she noted analysts had expected to see average earnings growth of 3%, whereas the sector has shown 20%.
Yey the risk is that any material slowdown in AI spending or a simple reversal in momentum in AI stocks will likely spill over into industrials, fueling swings in the sector that’s trading at a valuation premium to the broader S&P 500 that’s been exceeded just briefly this century. Shares of Vertiv and GE Vernova fell 5.4% and 2.8%, respectively, in late April after a report that OpenAI had missed internal targets for revenue and new users.
Philip Straehl, chief investment officer at Morningstar Wealth, wrote on May 7 that the US equity market “has increasingly become a concentrated bet on AI” as earnings growth is tied to AI infrastructure spending. He warned, however, that AI spending is at this point “just a forecast” and some of those spending plans could be trimmed.
“History offers many examples — from railroads to fiber-optic networks — where companies built capacity based on optimistic projections around future adoption,” Straehl said, adding that in those cases, the main beneficiaries were consumers, not investors.
To be sure, industrial stocks are trading in-line with some of their historic norms. After a spike in February helped the S&P 500 Industrials Sector outperform the broader S&P 500 by two standard deviations, the group is now directly in the middle of an expected 100-day breather, data DataTrek Research shows.
Still, the firm does see concentrated outperformance in the stocks participating in the AI buildout. “Industrials have recently enjoyed a renaissance in investor interest as a derivative AI trade, but that has left many leadership names with tech-like valuations but still capital-intensive, manufacturing oriented business models.”
The group has also gotten expensive: For the first time since 2021, industrials in the S&P 500 are trading at a higher forward price-to-earnings multiple than technology companies.
Those lofty valuations further set the group up for a potentially rough landing because the services they are offering are more commoditized than in the tech space, O’Rourke said.
“The industrial names have a larger risk” he said.
--With assistance from Matthew Griffin.
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- Caterpillar (CAT) Is Up 5.9% After Strong Q1, Data Center Power Deal And Buyback Update – Has The Bull Case Changed?
May 12, 2026
In late April 2026, Caterpillar reported first-quarter 2026 results showing revenue of US$17,415 million and net income of US$2,549 million, issued guidance for low double‑digit full-year sales and revenue growth, and detailed progress on its US$24.92 billion share buyback program. At the same time, Caterpillar moved deeper into power generation for energy‑hungry data centers through a multi‑gigawatt framework agreement with ProPetro’s PROPWR unit, while also opposing a shareholder proposal to allow action by written consent, underscoring both its growth focus and governance debates. Now we’ll examine how Caterpillar’s exceptional quarter and growing data center power exposure could influence the company’s existing investment narrative.
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Caterpillar Investment Narrative Recap
To own Caterpillar, you need to believe that record backlog, solid infrastructure demand and surging data center power needs can offset tariff headwinds, pricing pressure and geopolitical uncertainty. The latest quarter and new ProPetro framework reinforce the data center power story, which looks like the key short term catalyst, while persistent tariff risk and a less experienced management team remain among the biggest watchpoints for the thesis right now.
The ProPetro PROPWR agreement to buy up to 2.1 gigawatts of Caterpillar power equipment over five years ties directly into that AI and data center catalyst, reinforcing the Energy & Transportation growth story that underpins both recent earnings strength and the company’s low double digit sales and revenue guidance, even as debates over shareholder rights by written consent highlight that governance and capital allocation remain active areas for investors to monitor.
Yet behind the strong numbers, investors should also be aware of how potential new or sustained tariffs could materially pressure Caterpillar’s margins and...
Read the full narrative on Caterpillar (it's free!)
Caterpillar's narrative projects $86.3 billion revenue and $15.0 billion earnings by 2029.
Uncover how Caterpillar's forecasts yield a $754.33 fair value, a 19% downside to its current price.
Exploring Other PerspectivesCAT 1-Year Stock Price Chart
Some of the lowest ranked analysts were already assuming only about 5 percent annual revenue growth to roughly US$82.1 billion and earnings of US$13.1 billion by 2029, which contrasts sharply with more confident views that highlight record backlog and data center power demand as key positives; as you weigh this new quarter and the ProPetro deal, it is worth exploring how such pessimistic assumptions might shift.
Story Continues
Explore 12 other fair value estimates on Caterpillar - why the stock might be worth less than half the current price!
Decide For Yourself
Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts.
A great starting point for your Caterpillar research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision. Our free Caterpillar research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Caterpillar's overall financial health at a glance.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include CAT.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- How Do You Know When to Sell a Winning Stock?
May 11, 2026
(1:00) - What Rules Should You Follow When Exiting A Long Term Investment? (15:45) - Top Stock Picks To Keep On Your Radar Right Now (40:15) - Episode Roundup: MU, INTC, CAT, ETN Podcast@Zacks.com
Welcome to Episode #439 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
Over the last 10 years, Tracey has featured Intel, Micron, and Caterpillar as value stocks on the Value Investor Podcast. Micron and Caterpillar are “cyclical” stocks which means their earnings move higher, and lower, in cycles.
In the cycles, they can have extremely low price-to-earnings (P/E) ratios and show up in value stock screens.
Intel has been in the doghouse with investors for years, with the stock only breaking out to new all-time highs this year for the first time since the dot-com boom in 2000.
Intel has been the true epitome of a value stock over the years. It traded with low fundamentals like price-to-earnings (P/E) and price-to-sales (P/S) ratios.
But that was then, and this is now. In 2026, all three stocks are busting out to new highs.
When Should a Long-Term Investor Sell a Winning Stock?
Most value investors are buy and hold investors, also known as long-term investors. As famed value investor Warren Buffett has said, the best time to sell a stock is never. Buffett himself has famously owned some of his stocks, like Coca-Cola, for decades.
But when a stock has an extraordinary return over a brief period, most investors start wondering if they should sell.
Here is a checklist for investors to consider:
Every investor should have a plan. Why are you investing? Is the money going towards a goal like retirement, college tuition, a new car, or house down payment? When is that plan’s completion date? Is it a short-term 1-year plan or a 20-year one? Have you reached your goal? Have a strategy. When a stock has extraordinary returns, your strategy may be to cash in 25% or 50% to lock in profits at a certain point in time. There is no reason you must sell all of your shares or hold onto all of them. You can sell just part of your position. If you can’t sleep at night, create a new strategy.
Knowing when to sell a stock is one of the toughest things in investing.
Look at Warren Buffett. Over the last 2 years, he’s been selling a chunk of Berkshire Hathaway’s shares in Apple. Yet, Apple has gone on to hit new highs after he has sold.
Even the greatest investor of all time has left money on the table. No one can time a sale perfectly. Remember, have a plan, and execute a strategy.
Story Continues
Should You Sell These 3 Winning Stocks Right Now?
1. Intel Corp. (INTC)
Intel is a semiconductor company that was one of the “tech titans” of the 1990s and dot-com boom, but which fell out of favor after the dot-com bust.
But in the last year, shares of Intel have jumped 504.3%, and are one of the top performing S&P 500 stocks in the last month. Intel has added 107.5% in that time.
Intel is no longer cheap. It trades with a forward P/E of 119. But earnings are expected to rise 150% in 2026.
Should investors consider selling shares of Intel after this rally?
2. Micron Technology, Inc. (MU)
Micron is a technology company that’s in semiconductor memory. It’s always been a cyclical. But this has been a huge rally during this cycle.
Shares of Micron are up 826.3% in the last year, with shares jumping 89% in the last month.
Micron is still cheap on a P/E basis. It has a forward P/E of 12.8. A P/E under 15 usually indicates a stock is a value. How could the P/E be so low with the shares soaring? Earnings are soaring too.
Micron is expected to grow earnings by 605% in 2026 and another 67.7% in 2027.
Should investors consider cashing in their Micron shares after this rally?
3. Caterpillar Inc. (CAT)
Caterpillar is an old economy company that manufactures mining and construction equipment. Are you surprised to see that it’s a hot big cap stock too?
Shares of Caterpillar are up 184.6% over the last year and have gained 17.2% in just the last month. It’s now at new all-time highs.
Earnings are expected to rise 27% this year and 22.4% next year. Caterpillar is now trading with a forward P/E of 37 as growth and momentum investors rush in.
Many buy and hold investors have been in Caterpillar over the last year.
Should investors consider cashing in their Caterpillar shares after this rally?
What Else Should You Know About When to Sell a Winning Stock?
Tune into this week’s podcast to find out.
[In full disclosure, the Zacks Insider Trader portfolio now owns shares of Caterpillar. It did not own them on the date the podcast was recorded on May 6, 2026.]
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This article originally published on Zacks Investment Research (zacks.com).
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- Ford Goes Full Tesla—Again
May 11, 2026
Ford Motor is starting up a new business that Tesla pioneered: Energy Storage. Monday, Ford introduced “Ford Energy,” which will deliver “United States-assembled battery energy storage systems for utilities, data centers, and large industrial and commercial customers in the United States.” Tesla has a large energy storage business.
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