Bulldozer Maker Caterpillar Delivers Twice Nvidia’s Returns — What’s Behind The Move?

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When the Dow Jones Industrial Average’s best-performing stock loaded onto the screen Thursday, the first instinct was to check for a data error. Caterpillar Inc. (NYSE:CAT) had returned 185% over the trailing twelve months.

The second-best Dow performer, Nvidia Corp. (NASDAQ:NVDA), had returned 80%.

A bulldozer maker more than doubled the return of the chip company that defined the AI trade.

Then Caterpillar reported first-quarter 2026 results before the open and the stock ripped roughly 9% to a fresh all-time high near $889.

The catalyst is no longer hiding.

Best-Performing Dow Jones Stocks Over The Past Year

Company 1-Year Performance
Caterpillar Inc. +190.74%
Nvidia Corp. +85.07%
The Goldman Sachs Group Inc. (NYSE:GS) +68.76%
Cisco Systems Inc. (NASDAQ:CSCO) +57.60%
Johnson & Johnson (NYSE:JNJ) +47.12%
Chevron Corp. (NYSE:CVX) +42.53%
Amazon.com Inc. (NASDAQ:AMZN) +40.60%
Updated as of April 30, 2026

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