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Best Industrial Stocks to Buy Now (2024)
Top industrial stocks in 2024 ranked by overall Zen Score. See the best industrial stocks to buy now, according to analyst forecasts for the industrials sector.

Sector: Industrials
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
MITA
COLISEUM ACQUISITION CORP
$71.70M$10.82N/AN/AN/AN/AN/AN/AN/AN/A
PHYT
PYROPHYTE ACQUISITION CORP
$159.10M$11.36N/AN/AN/AN/AN/AN/AN/AN/A
AQU
AQUARON ACQUISITION CORP
$49.81M$10.94N/AN/AN/AN/AN/AN/AN/AN/A
RRAC
RIGEL RESOURCE ACQUISITION CORP
$361.43M$11.27N/AN/AN/AN/AN/AN/AN/AN/A
FTII
FUTURETECH II ACQUISITION CORP
$65.87M$11.30N/AN/AN/AN/AN/AN/AN/AN/A
ATMC
ALPHATIME ACQUISITION CORP
$75.75M$11.02N/AN/AN/AN/AN/AN/AN/AN/A
TCOA
ZALATORIS ACQUISITION CORP
$117.59M$11.02N/AN/AN/AN/AN/AN/AN/AN/A
FEXD
FINTECH ECOSYSTEM DEVELOPMENT CORP
$78.92M$11.43N/AN/AN/AN/AN/AN/AN/AN/A
AWIN
AERWINS TECHNOLOGIES INC
$2.51M$2.71N/AN/AN/AN/AN/AN/AN/AN/A
ZPTA
ZAPATA COMPUTING HOLDINGS INC
$39.04M$1.31N/AN/AN/AN/AN/AN/AN/AN/A
BACA
BERENSON ACQUISITION CORP I
$83.16M$10.47N/AN/AN/AN/AN/AN/AN/AN/A
SLAM
SLAM CORP
$260.33M$11.10N/AN/AN/AN/AN/AN/AN/AN/A
EVE
EVE MOBILITY ACQUISITION CORP
$171.79M$11.01N/AN/AN/AN/AN/AN/AN/AN/A
ADRT
AULT DISRUPTIVE TECHNOLOGIES CORP
$39.43M$13.40N/AN/AN/AN/AN/AN/AN/AN/A
HAIA
HEALTHCARE AI ACQUISITION CORP
$59.73M$11.08N/AN/AN/AN/AN/AN/AN/AN/A
SCRM
SCREAMING EAGLE ACQUISITION CORP
$365.72M$10.18N/AN/AN/AN/AN/AN/AN/AN/A
PLTN
PLUTONIAN ACQUISITION CORP
$45.56M$9.11N/AN/AN/AN/AN/AN/AN/AN/A
ATEK
ATHENA TECHNOLOGY ACQUISITION CORP II
$135.25M$11.24N/AN/AN/AN/AN/AN/AN/AN/A
RCFA
RCF ACQUISITION CORP
$118.23M$11.23N/AN/AN/AN/AN/AN/AN/AN/A
GRDI
GRIID INFRASTRUCTURE INC
$52.06M$0.75N/AN/AN/AN/AN/AN/AN/AN/A
AEAE
ALTENERGY ACQUISITION CORP
$82.21M$11.22N/AN/AN/AN/AN/AN/AN/AN/A
ALCY
ALCHEMY INVESTMENTS ACQUISITION CORP 1
$159.29M$10.64N/AN/AN/AN/AN/AN/AN/AN/A
TLGY
TLGY ACQUISITION CORP
$201.12M$11.43N/AN/AN/AN/AN/AN/AN/AN/A
ACBA
ACE GLOBAL BUSINESS ACQUISITION LTD
$41.96M$12.23N/AN/AN/AN/AN/AN/AN/AN/A
AEON
AEON BIOPHARMA INC
$63.77M$1.63$18.001,004.29%Buy1N/AN/AN/AN/A
RWOD
REDWOODS ACQUISITION CORP
$10.99M$6.25N/AN/AN/AN/AN/AN/AN/AN/A
AIMAU
AIMFINITY INVESTMENT CORP I
$63.98M$11.39N/AN/AN/AN/AN/AN/AN/AN/A
PEGR
PROJECT ENERGY REIMAGINED ACQUISITION CORP
$160.76M$9.20N/AN/AN/AN/AN/AN/AN/AN/A
EMCG
EMBRACE CHANGE ACQUISITION CORP
$83.44M$11.24N/AN/AN/AN/AN/AN/AN/AN/A
TRTL
TORTOISEECOFIN ACQUISITION CORP III
$281.42M$10.87N/AN/AN/AN/AN/AN/AN/AN/A
CNDA
CONCORD ACQUISITION CORP II
$229.60M$10.58N/AN/AN/AN/AN/AN/AN/AN/A
LCW
LEARN CW INVESTMENT CORP
$165.52M$10.97N/AN/AN/AN/AN/AN/AN/AN/A
PLMI
PLUM ACQUISITION CORP I
$124.94M$11.12N/AN/AN/AN/AN/AN/AN/AN/A
DMYY
DMY SQUARED TECHNOLOGY GROUP INC
$41.93M$10.70N/AN/AN/AN/AN/AN/AN/AN/A
NIVF
NEWGENIVF GROUP LTD
$10.27M$1.24N/AN/AN/AN/AN/AN/AN/AN/A
NCNC
NOCO-NOCO INC
$22.48M$0.17N/AN/AN/AN/AN/AN/AN/AN/A
DHAI
DIH HOLDING US INC
$64.47M$1.59N/AN/AN/AN/AN/AN/AN/AN/A
TETE
TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP
$75.97M$11.90N/AN/AN/AN/AN/AN/AN/AN/A
PTWO
PONO CAPITAL TWO INC
$67.81M$13.00N/AN/AN/AN/AN/AN/AN/AN/A
GATE
MARBLEGATE ACQUISITION CORP
$126.21M$10.65N/AN/AN/AN/AN/AN/AN/AN/A
OPTX
SYNTEC OPTICS HOLDINGS INC
$19.34M$3.15N/AN/AN/AN/AN/AN/AN/AN/A
WINV
WINVEST ACQUISITION CORP
$45.08M$11.22N/AN/AN/AN/AN/AN/AN/AN/A
NKGN
NKGEN BIOTECH INC
$26.00M$1.14N/AN/AN/AN/AN/AN/AN/AN/A
BRAC
BROAD CAPITAL ACQUISITION CORP
$53.21M$11.30N/AN/AN/AN/AN/AN/AN/AN/A
AIRJ
MONTANA TECHNOLOGIES CORP
$221.02M$12.42N/AN/AN/AN/AN/AN/AN/AN/A
XFIN
EXCELFIN ACQUISITION CORP
$80.91M$11.10N/AN/AN/AN/AN/AN/AN/AN/A
KITT
NAUTICUS ROBOTICS INC
$10.49M$0.17N/AN/AN/AN/AN/AN/AN/AN/A
NOVV
NOVA VISION ACQUISITION CORP
$39.55M$11.92N/AN/AN/AN/AN/AN/AN/AN/A
ALUR
ALLURION TECHNOLOGIES INC
$101.17M$2.11$5.00136.97%Strong Buy26.60%N/AN/AN/A
ARYD
ARYA SCIENCES ACQUISITION CORP IV
$85.69M$11.37N/AN/AN/AN/AN/AN/AN/AN/A
AILE
ILEARNINGENGINES INC
$60.71M$7.40$18.00143.24%Strong Buy1N/AN/AN/AN/A
HNRA
HNR ACQUISITION CORP
$16.04M$2.28N/AN/AN/AN/AN/AN/AN/AN/A
CVII
CHURCHILL CAPITAL CORP VII
$981.57M$10.72N/AN/AN/AN/AN/AN/AN/AN/A
HLXB
HELIX ACQUISITION CORP II
N/A$10.34N/AN/AN/AN/AN/AN/AN/AN/A
CNGL
CANNA-GLOBAL ACQUISITION CORP
$87.27M$11.30N/AN/AN/AN/AN/AN/AN/AN/A
CCIXU
CHURCHILL CAPITAL CORP IX
N/A$10.12N/AN/AN/AN/AN/AN/AN/AN/A
HUDA
HUDSON ACQUISITION I CORP
$54.00M$12.00N/AN/AN/AN/AN/AN/AN/AN/A
WTMA
WELSBACH TECHNOLOGY METALS ACQUISITION CORP
$48.94M$10.98N/AN/AN/AN/AN/AN/AN/AN/A
IGTA
INCEPTION GROWTH ACQUISITION LTD
$62.38M$11.16N/AN/AN/AN/AN/AN/AN/AN/A
OKLO
OKLO INC
$481.43M$11.17N/AN/AN/AN/AN/AN/AN/AN/A
CLOE
CLOVER LEAF CAPITAL CORP
$65.18M$12.25N/AN/AN/AN/AN/AN/AN/AN/A
CLDI
CALIDI BIOTHERAPEUTICS INC
$11.51M$0.23$3.251,338.05%Buy2N/AN/AN/AN/A
CETU
CETUS CAPITAL ACQUISITION CORP
$40.64M$10.58N/AN/AN/AN/AN/AN/AN/AN/A
MMV
MULTIMETAVERSE HOLDINGS LTD
$17.48M$0.53N/AN/AN/AN/AN/AN/AN/AN/A
OCEA
OCEAN BIOMEDICAL INC
$53.27M$1.56N/AN/AN/AN/AN/AN/AN/AN/A
DHAC
DIGITAL HEALTH ACQUISITION CORP
$42.83M$11.89N/AN/AN/AN/AN/AN/AN/AN/A
FIAC
FOCUS IMPACT ACQUISITION CORP
$82.59M$11.06N/AN/AN/AN/AN/AN/AN/AN/A
GTI
GRAPHJET TECHNOLOGY
$929.85M$6.45N/AN/AN/AN/AN/AN/AN/AN/A
DECA
DENALI CAPITAL ACQUISITION CORP
$54.82M$7.71N/AN/AN/AN/AN/AN/AN/AN/A
FHLT
FUTURE HEALTH ESG CORP
$67.97M$11.45N/AN/AN/AN/AN/AN/AN/AN/A
BETR
BETTER HOME & FINANCE HOLDING CO
$315.22M$0.42N/AN/AN/AN/AN/AN/AN/AN/A
IMAQ
INTERNATIONAL MEDIA ACQUISITION CORP
$99.11M$11.66N/AN/AN/AN/AN/AN/AN/AN/A
CHAA
CATCHA INVESTMENT CORP
$110.75M$11.40N/AN/AN/AN/AN/AN/AN/AN/A
INAQ
INSIGHT ACQUISITION CORP
$81.49M$11.64N/AN/AN/AN/AN/AN/AN/AN/A
FRLA
FORTUNE RISE ACQUISITION CORP
$70.81M$11.29N/AN/AN/AN/AN/AN/AN/AN/A
PBM
PSYENCE BIOMEDICAL LTD
$11.52M$0.86N/AN/AN/AN/AN/AN/AN/AN/A
OCAX
OCA ACQUISITION CORP
$73.83M$10.96N/AN/AN/AN/AN/AN/AN/AN/A
IROH
IRON HORSE ACQUISITIONS CORP
$89.11M$10.05N/AN/AN/AN/AN/AN/AN/AN/A
LATG
CHENGHE ACQUISITION I CO
$81.63M$11.35N/AN/AN/AN/AN/AN/AN/AN/A
MCAC
MONTEREY CAPITAL ACQUISITION CORP
$106.25M$11.25N/AN/AN/AN/AN/AN/AN/AN/A
IVCB
INVESTCORP EUROPE ACQUISITION CORP I
$227.92M$11.30N/AN/AN/AN/AN/AN/AN/AN/A
ONYX
ONYX ACQUISITION CO I
$88.75M$11.17N/AN/AN/AN/AN/AN/AN/AN/A
GAMC
GOLDEN ARROW MERGER CORP
$85.65M$11.03N/AN/AN/AN/AN/AN/AN/AN/A
HGAS
GLOBAL GAS CORP
$10.32M$1.27N/AN/AN/AN/AN/AN/AN/AN/A
JAN
JANONE INC
$26.48M$2.95N/AN/AN/AN/AN/AN/AN/AN/A
TVGN
TEVOGEN BIO HOLDINGS INC
$151.45M$0.92N/AN/AN/AN/AN/AN/AN/AN/A
KRNL
KERNEL GROUP HOLDINGS INC
$88.76M$10.92N/AN/AN/AN/AN/AN/AN/AN/A
BLUA
BLUERIVER ACQUISITION CORP
$105.30M$11.02N/AN/AN/AN/AN/AN/AN/AN/A
BLAC
BELLEVUE LIFE SCIENCES ACQUISITION CORP
$60.28M$10.72N/AN/AN/AN/AN/AN/AN/AN/A
ZCAR
ZOOMCAR HOLDINGS INC
$11.91M$0.30N/AN/AN/AN/AN/AN/AN/AN/A
GPAC
GLOBAL PARTNER ACQUISITION CORP II
$104.56M$11.25N/AN/AN/AN/AN/AN/AN/AN/A
NUVO
LAMF GLOBAL VENTURES CORP I
$73.84M$2.22N/AN/AN/AN/AN/AN/AN/AN/A
OSI
OSIRIS ACQUISITION CORP
$95.18M$10.75N/AN/AN/AN/AN/AN/AN/AN/A
QOMO
QOMOLANGMA ACQUISITION CORP
$39.33M$11.00N/AN/AN/AN/AN/AN/AN/AN/A
TRON
CORNER GROWTH ACQUISITION CORP 2
$58.90M$11.60N/AN/AN/AN/AN/AN/AN/AN/A
MAQC
MAQUIA CAPITAL ACQUISITION CORP
$68.05M$11.02N/AN/AN/AN/AN/AN/AN/AN/A
BENF
BENEFICIENT
$16.10M$4.66N/AN/AN/AN/AN/AN/AN/AN/A
BNIX
BANNIX ACQUISITION CORP
$59.88M$10.96N/AN/AN/AN/AN/AN/AN/AN/A
BREZ
BREEZE HOLDINGS ACQUISITION CORP
$49.44M$11.50N/AN/AN/AN/AN/AN/AN/AN/A
DUET
DUET ACQUISITION CORP
$42.20M$11.02N/AN/AN/AN/AN/AN/AN/AN/A

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
70+0.04%-0.68%+5.43%+12.46%22.01x5.59x+12.16%+4.08%+8.64%+8.38%Buy
19+0.87%+3.43%+5.97%+7.92%16.00x2.99x+22.07%+4.60%+12.24%+20.85%Buy
10-0.05%+2.87%+12.76%+5.54%19.37x5.08x-12.47%+10.39%+15.19%-11.04%Strong Buy
5+1.92%+4.24%+10.92%+43.05%20.06x1.60x+8.34%+4.26%+8.10%+19.07%Strong Buy
20-0.56%+3.76%+7.55%-8.73%15.99x5.13x-9.69%+2.17%+8.79%+11.44%Strong Buy
17-0.04%+0.58%+6.23%+23.61%31.62x7.99x+86.17%+8.39%+16.68%+11.48%Buy
55+0.50%+1.53%+3.63%+30.40%40.69x4.39x+15.11%+5.48%+8.99%+9.43%Buy
42+0.48%+0.57%+8.38%+59.87%-67.31x4.35x+11.69%+5.18%+13.19%+6.22%Strong Buy
26+0.99%+3.53%+0.36%+22.95%13.33x4.86x+46.27%+11.24%+16.41%+6.90%Buy
17+0.61%+1.20%+2.65%+33.07%566.00x6.79x+34.60%+15.75%+28.62%+6.27%Strong Buy
3+4.44%+2.17%+11.97%+12.33%53.80x1.02x+16.99%+4.13%+11.96%-27.40%Hold
20-1.19%+0.21%-0.17%-8.54%20.28x4.15x+24.75%+7.95%+15.21%+11.19%Buy
39-0.13%+3.81%+12.45%+51.84%25.75x1.09x+6.39%+4.13%+6.71%+11.11%Strong Buy
19+0.83%+0.93%+7.78%+34.77%22.47x3.02x+18.42%+9.07%+14.83%+9.44%Buy
17+0.69%+1.02%+3.86%+26.50%12.82x7.64x+19.89%+2.56%+5.01%+15.97%Buy
11-0.21%+0.61%+1.83%+22.93%24.82x4.62x+27.07%+7.76%+10.46%+9.16%Buy
23+0.46%+3.19%+4.19%+43.42%16.35x2.36x+13.33%+6.10%+7.62%+2.05%Buy
22+0.49%-0.72%+1.33%+23.55%21.54x3.06x+25.91%+8.67%+15.80%+10.72%Buy
202-0.16%-0.13%-0.47%+3.53%12.56x-14.12x-25.13%+1.15%-1.93%N/A
38+0.20%+0.74%+2.73%+24.95%34.29x4.92x+27.25%+11.82%+19.79%+8.83%Buy
75+0.66%+0.96%+2.49%+30.79%24.52x5.21x+22.05%+8.72%+16.26%+9.68%Buy
24-0.18%+0.54%-0.44%+3.89%28.59x9.58x+65.48%+8.40%+45.07%+9.80%Buy
12+0.72%+2.17%+1.63%+9.14%-32.91x2.82x+17.19%+8.02%+14.16%+4.59%Buy
22+0.65%+3.62%+6.98%+41.76%27.72x10.20x-56.68%+13.77%+32.54%+9.31%Buy
16+0.44%+0.77%-16.78%+30.07%28.68x3.73x+19.91%+12.87%+19.06%+24.65%Buy
20+0.14%-0.43%+2.54%+19.82%37.44x5.81x+20.31%+5.46%+9.75%+8.48%Buy

Industrial Stocks FAQ

What are the best industrial stocks to buy right now in May 2024?

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

1. Kanzhun (NASDAQ:BZ)


Kanzhun (NASDAQ:BZ) is the top industrial stock with a Zen Score of 73, which is 48 points higher than the industrial sector average of 25. It passed 24 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 15.18% over the past year, underperforming other industrial stocks by -6 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 12.57% from Kanzhun's current stock price of $21.32.

Kanzhun stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Kanzhun, 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.

2. Danaos (NYSE:DAC)


Danaos (NYSE:DAC) is the second best industrial stock with a Zen Score of 73, which is 48 points higher than the industrial sector average of 25. It passed 27 out of 38 due diligence checks and has strong fundamentals. Danaos has seen its stock return 43.36% over the past year, overperforming other industrial stocks by 22 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 6.41% from Danaos's current stock price of $84.58.

Danaos stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Danaos, 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.

3. Cross Country Healthcare (NASDAQ:CCRN)


Cross Country Healthcare (NASDAQ:CCRN) is the third best industrial stock with a Zen Score of 70, which is 45 points higher than the industrial sector average of 25. It passed 22 out of 33 due diligence checks and has strong fundamentals. Cross Country Healthcare has seen its stock lose -39.14% over the past year, underperforming other industrial stocks by -61 percentage points.

Cross Country Healthcare has an average 1 year price target of $19.50, an upside of 29.14% from Cross Country Healthcare's current stock price of $15.10.

Cross Country Healthcare stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Cross Country Healthcare, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the industrial stocks with highest dividends?

Out of 254 industrial stocks that have issued dividends in the past year, the 3 industrial stocks with the highest dividend yields are:

1. Zim Integrated Shipping Services (NYSE:ZIM)


Zim Integrated Shipping Services (NYSE:ZIM) has an annual dividend yield of N/A, which is N/A percentage points lower than the industrial sector average of 2.11%.

Zim Integrated Shipping Services's dividend payout ratio of -28.5% indicates that its dividend yield might not be sustainable for the long-term.

2. Icahn Enterprises (NASDAQ:IEP)


Icahn Enterprises (NASDAQ:IEP) has an annual dividend yield of 26.9%, which is 25 percentage points higher than the industrial sector average of 2.11%. Icahn Enterprises's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Icahn Enterprises's dividend has not shown consistent growth over the last 10 years.

Icahn Enterprises's dividend payout ratio of -454.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Spirit Airlines (NYSE:SAVE)


Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 22.27%, which is 20 percentage points higher than the industrial sector average of 2.11%.

Spirit Airlines's dividend payout ratio of -22.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are industrial stocks up?

Industrial stocks were up 0.29% in the last day, and up 1.39% over the last week. Prokidney was the among the top gainers in the industrials sector, gaining 33.77% yesterday.

Shares of 'meme stocks' and high-short interest stocks are trading higher amid a renewed surge in the space after popular retail trader 'Roaring Kitty' returned to social media.

What are the most undervalued industrial stocks?

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

1. Energy Services Of America (NASDAQ:ESOA)


Energy Services Of America (NASDAQ:ESOA) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. Energy Services Of America has a valuation score of 100, which is 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Energy Services Of America's stock has gained 188.99% in the past year. It has overperformed other stocks in the industrial sector by 167 percentage points.

2. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. Encore Wire has a valuation score of 100, which is 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 69.51% in the past year. It has overperformed other stocks in the industrial sector by 48 percentage points.

3. Resources Connection (NASDAQ:RGP)


Resources Connection (NASDAQ:RGP) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. Resources Connection has a valuation score of 100, which is 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Resources Connection's stock has dropped -24.1% in the past year. It has underperformed other stocks in the industrial sector by -46 percentage points.

Are industrial stocks a good buy now?

46.83% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 8.77% over the next year.

What is the average p/e ratio of the industrials sector?

The average P/E ratio of the industrials sector is 39.95x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.