These 2 Industrial Giants Have Crushed Tesla's Returns Over the Last 12 Months. Will The Party Continue?

Caterpillar and GE Vernova have significantly outperformed Tesla over the past 12 months, with CAT up 150% and GEV up 100% compared to Tesla's 17% gain. While both companies benefit from strong backlogs and growing demand for power infrastructure driven by AI and electric vehicles, their valuations have become stretched. Caterpillar appears overvalued with a P/E ratio of 50x versus its historical average of 19x, while GE Vernova, though slightly more appealing, also trades at elevated levels. Investors should exercise caution and consider building positions gradually rather than buying at current prices.