Shares of Caterpillar (CAT) are moving to an all-time high Monday morning following a release of its fourth-quarter earnings, which easily beat Wall Street expectations. The company reported full-year sales and revenues were up about 13%. D.A. Davidson Equity Research Managing Director Michael Shlisky joins Yahoo Finance to discuss the company's performance, domestic and international business, and how it could operate moving forward with AI. When asked about Caterpillar's potential with AI, Shlisky says: "There is definitely a story, probably a few years away. Two areas where they're kind of looking at, one is in safety. What's been a challenge is trying to find labor that can actually use these complex machines. If you make some of the safety areas of the equipment easier to use, you can perhaps widen the labor pool. That's certainly one area. The other is in asset tracking. So they have some of these, I think on there already, it's helping to position the machines for optimal performance in the field. This year, and certainly over the next two to five years, I think we'd see a lot more autonomy in their portfolio. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

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