Caterpillar Inc. (NYSE:CAT) is one of the stocks on Jim Cramer’s radar, with shares up 77% over the past year and 9.9% year-to-date. Jefferies raised the share price target to $750, while Barclays increased it to $610 and maintained an Equal Weight rating. Analysts noted Caterpillar’s exposure to AI in data center construction.

Jim Cramer believes Caterpillar (CAT) can continue to rise due to its connection to AI and data center construction. The company’s potential for growth is highlighted by its role in ensuring data centers remain operational. Analysts have also raised share price targets based on favorable market conditions and future potential for the stock.

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Read more at Yahoo Finance: Jim Cramer Thinks Caterpillar (CAT) Can Go Higher