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

Key Points Of these three, Caterpillar's traditional business is the most exposed to higher interest rates. GE Vernova's strong backlog offers multiyear protection from any temporary economic weakness. Vertiv is the least exposed due to AI-driven, cash-funded demand. 10 stocks we like better than Caterpillar › The recent hike in interest rates, plus hawkish language from Federal Reserve Chair Kevin Warsh, led to an immediate sell-off in industrial stocks such as Caterpillar (NYSE: CAT) , GE Vernova (NYSE: GEV) , and Vertiv (NYSE: VRT) . Now that the knee-jerk action is over, it's time to look in more detail at the potential impact of further rate increases on these stocks. Image source: Getty Images. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.