Zacks Industry Outlook Caterpillar, Komatsu and Terex

The Manufacturing - Construction and Mining industry is positioned for growth driven by U.S. infrastructure spending, mining demand from energy transition, and digital innovation. The industry has outperformed the S&P 500 by 59.7% over the past year and currently trades at reasonable valuations. Three key stocks to watch are Caterpillar (Strong Buy with record backlog), Komatsu (Hold with focus on automation), and Terex (Hold post-merger diversification).