Sectors & IndustriesIndustrials

Best Industrial Stocks to Buy Now (2022)

Top industrial stocks in 2022 ranked by overall Zen Score. See the best industrial stocks to buy now, according to analyst forecasts for the industrials sector.

According to Zen Score, the 3 best industrial stocks to buy right now are:

ORION ENERGY SYSTEMS (NASDAQ:OESX) is the top industrial stock with a Zen Score of 76, which is 54 points higher than the industrial sector average of 22. It passed 25 out of 33 due diligence checks and has strong fundamentals. ORION ENERGY SYSTEMS has seen its stock lose -57.07% over the past year, underperforming other industrial stocks by -46 percentage points.

ORION ENERGY SYSTEMS has an average 1 year price target of $6.00, an upside of 138.1% from ORION ENERGY SYSTEMS's current stock price of $2.52.

ORION ENERGY SYSTEMS stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering ORION ENERGY SYSTEMS, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

AMMO (NASDAQ:POWW) is the second best industrial stock with a Zen Score of 74, which is 52 points higher than the industrial sector average of 22. It passed 24 out of 33 due diligence checks and has strong fundamentals. AMMO has seen its stock lose -39.01% over the past year, underperforming other industrial stocks by -28 percentage points.

AMMO has an average 1 year price target of $11.00, an upside of 187.21% from AMMO's current stock price of $3.83.

AMMO stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering AMMO, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

BARRETT BUSINESS SERVICES (NASDAQ:BBSI) is the third best industrial stock with a Zen Score of 73, which is 51 points higher than the industrial sector average of 22. It passed 27 out of 38 due diligence checks and has strong fundamentals. BARRETT BUSINESS SERVICES has seen its stock lose -3.36% over the past year, overperforming other industrial stocks by 7 percentage points.

BARRETT BUSINESS SERVICES has an average 1 year price target of $98.00, an upside of 35.92% from BARRETT BUSINESS SERVICES's current stock price of $72.10.

BARRETT BUSINESS SERVICES stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering BARRETT BUSINESS SERVICES, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 260 industrial stocks that have issued dividends in the past year, the 3 industrial stocks with the highest dividend yields are:

MEGA MATRIX (NYSEMKT:MTMT) has an annual dividend yield of 106.91%, which is 104 percentage points higher than the industrial sector average of 2.85%.

MEGA MATRIX's dividend payout ratio of -21% indicates that its high dividend yield might not be sustainable for the long-term.

ZIM INTEGRATED SHIPPING SERVICES (NYSE:ZIM) has an annual dividend yield of 31.81%, which is 29 percentage points higher than the industrial sector average of 2.85%.

ZIM INTEGRATED SHIPPING SERVICES's dividend payout ratio of 43.9% indicates that its high dividend yield is sustainable for the long-term.

GOLDEN OCEAN GROUP (NASDAQ:GOGL) has an annual dividend yield of 16.98%, which is 14 percentage points higher than the industrial sector average of 2.85%. GOLDEN OCEAN GROUP's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. GOLDEN OCEAN GROUP's dividend has not shown consistent growth over the last 10 years.

GOLDEN OCEAN GROUP's dividend payout ratio of 91.2% indicates that its high dividend yield might not be sustainable for the long-term.

Industrial stocks were down -3.14% in the last day, and up 0.3% over the last week. EOS ENERGY ENTERPRISES was the among the top losers in the industrials sector, dropping -25.26% yesterday.

Shares of several companies in the broader industrial sector are trading lower following weak retail earnings this week. Anticipation of further Fed policy tightening has continued to weigh on stocks across sectors.

Based on WallStreetZen's Valuation Score, the 3 most undervalued industrial stocks right now are:

WILHELMINA INTERNATIONAL (NASDAQ:WHLM) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. WILHELMINA INTERNATIONAL has a valuation score of 100, which is 77 points higher than the industrial sector average of 23. It passed 7 out of 7 valuation due diligence checks.

WILHELMINA INTERNATIONAL's stock has dropped -8.06% in the past year. It has overperformed other stocks in the industrial sector by 3 percentage points.

PFSWEB (NASDAQ:PFSW) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. PFSWEB has a valuation score of 100, which is 77 points higher than the industrial sector average of 23. It passed 7 out of 7 valuation due diligence checks.

PFSWEB's stock has gained 59.29% in the past year. It has overperformed other stocks in the industrial sector by 70 percentage points.

CVD EQUIPMENT (NASDAQ:CVV) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. CVD EQUIPMENT has a valuation score of 100, which is 77 points higher than the industrial sector average of 23. It passed 7 out of 7 valuation due diligence checks.

CVD EQUIPMENT's stock has dropped -0.71% in the past year. It has overperformed other stocks in the industrial sector by 10 percentage points.