An industrial giant on track for a multi-year upswing Daniel Foelber (Caterpillar): Investors can look no further than FedEx's earnings miss to see the damage that the real economy is feeling from supply chain issues, inflation, and labor shortages. More than half of Caterpillar's sales come from outside the U.S. Its largest growth market is China, where the real estate industry is wobbling, as evidenced by the Evergrande scandal, among other economic and political woes. Here's what makes Caterpillar (NYSE: CAT), Ansys (NASDAQ: ANSS), and AAR Corporation (NYSE: AIR) all great buys now.