Caterpillar Inc. (CAT)

I'm a building contractor and investor. And a cat lover. my first machine was a cat. but in all honesty the stock price is ridiculous. It's not contractors looking to replace machines in the next cycle. Its miners. Do I see mining companies benefiting from infrastructure when we import foreign steel. Thats a tough one. Great dividend stock though. I dont see electric construction equipment happening for another 20 years, because the energy density for large excavators, mining trucks is ridiculous. Solid state batteries are a never ending 10 year science project. Their impossible to manufacture at scale. And im a Tesla bull so I love electric. Elon's new battery chemistry is where the market is gonna be in 5 years. Yeah I can see skid steers, mini electric backhoes but thats a fraction of the market. Most of my buddies are buying Deere and Komatsu so its tough to justify a 2x price on a new cat when I bought one 5 years ago. I'd buy in at 150. I see them pulling in 2 billion in net income after the stimulus. I'd much rather invest in concrete companies, 3m, etc.