What Higher Interest Rates Mean for Caterpillar, GE Vernova, and Vertiv

Recent interest rate hikes caused a sell-off in industrial stocks. Caterpillar's construction and resource segments are most vulnerable to higher rates, while its AI-driven power & energy segment remains resilient. GE Vernova's strong $176 billion backlog provides multiyear protection against rate increases. Vertiv is least exposed due to AI data center spending being cash-funded by well-capitalized hyperscalers rather than debt-dependent.