Sectors & IndustriesIndustrials
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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
JVSA	JVSPAC ACQUISITION CORP	$10.09	100	-89.32%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.01
GAMC	GOLDEN ARROW MERGER CORP	$10.75	1	-99.97%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.02
BLAC	BELLEVUE LIFE SCIENCES ACQUISITION CORP	$10.71	374,100	6,011.75%	16.29	16.35	16.88	17.45	16.73	40.80	19.55	39.54	20.15	43.62	-0.26	-0.21	-0.05	0.01
IVCB	INVESTCORP EUROPE ACQUISITION CORP I	$11.34	651,932	4.23%	11.33	11.32	11.23	11.14	11.00	59.45	8.66	32.28	31.44	35.05	0.03	0.03	-0.00	0.00
WTMA	WELSBACH TECHNOLOGY METALS ACQUISITION CORP	$10.92	1	-99.98%	10.93	10.92	10.92	10.84	10.77	50.16	76.92	78.63	69.79	71.60	0.01	0.01	-0.00	-0.00
QOMO	QOMOLANGMA ACQUISITION CORP	$10.81	1	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.02
CONX	CONX CORP	$10.56	41	-94.22%	10.58	10.56	10.60	10.62	10.53	46.27	58.33	72.22	40.09	59.97	-0.00	-0.01	0.00	0.03
FRLA	FORTUNE RISE ACQUISITION CORP	$11.17	25	-79.84%	11.17	11.16	11.14	11.08	10.99	59.07	80.56	77.78	21.22	16.28	0.01	0.01	-0.00	0.04
CNGL	CANNA-GLOBAL ACQUISITION CORP	$11.11	5	-99.88%	11.06	11.06	11.08	11.02	10.91	60.43	79.49	78.63	76.53	77.15	0.01	-0.00	0.01	0.03
XFIN	EXCELFIN ACQUISITION CORP	$11.10	211	185.14%	11.02	10.99	10.92	10.83	10.70	74.97	95.56	80.56	69.57	51.79	0.05	0.04	0.01	0.00
DUET	DUET ACQUISITION CORP	$10.96	14	-86.00%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.00
AIB	AIB ACQUISITION CORP	$11.72	2	-99.95%	11.71	11.67	11.63	11.60	11.39	59.51	55.63	55.95	42.99	43.16	0.03	0.03	0.00	0.02
IMAQ	INTERNATIONAL MEDIA ACQUISITION CORP	$11.41	73	-79.61%	65.23	67.89	76.72	75.98	63.10	41.75	50.95	44.70	90.16	88.05	-3.04	-3.57	0.52	0.00
CLOE	CLOVER LEAF CAPITAL CORP	$12.00	73	942.86%	68.44	70.82	69.47	67.82	69.92	47.41	19.93	16.75	37.55	31.71	-0.74	-0.33	-0.41	0.03
RACY	RELATIVITY ACQUISITION CORP	$12.28	0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.08
PTWO	PONO CAPITAL TWO INC	$14.99	236	-76.40%	13.12	12.90	12.50	11.69	11.13	70.27	92.93	81.49	98.18	92.55	0.50	0.22	0.28	0.13
CETU	CETUS CAPITAL ACQUISITION CORP	$10.55	2	N/A	0.40	0.44	0.52	0.52	0.59	36.37	20.64	19.48	25.68	40.84	-0.04	-0.04	-0.00	-0.04
OCAX	OCA ACQUISITION CORP	$10.93	3,846	192,200.00%	10.94	10.91	10.86	10.85	10.73	63.41	78.33	88.61	41.65	68.04	0.03	0.02	0.00	0.01
TETE	TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP	$11.87	27,193	818.68%	11.83	11.79	11.70	11.60	11.46	67.68	88.24	91.99	67.12	78.77	0.05	0.04	0.01	0.01
BRAC	BROAD CAPITAL ACQUISITION CORP	$11.28	4	N/A	11.28	11.27	11.25	11.20	11.04	63.77	64.44	71.48	60.38	74.91	0.01	0.01	0.00	-0.00
DSAQ	DIRECT SELLING ACQUISITION CORP	$11.22	10	-99.91%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.00
GATE	MARBLEGATE ACQUISITION CORP	$10.52	2	-99.00%	10.50	10.48	10.46	10.46	10.41	80.14	100.00	100.00	100.00	100.00	0.02	0.01	0.00	0.00
BREZ	BREEZE HOLDINGS ACQUISITION CORP	$11.68	1,089	-52.61%	11.51	11.65	11.64	11.43	11.32	53.19	45.57	38.75	59.47	51.19	-0.04	-0.03	-0.01	0.04
BNIX	BANNIX ACQUISITION CORP	$11.04	4,320	620.00%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.00
BLUA	BLUERIVER ACQUISITION CORP	$10.98	56,798	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.02
ZCAR	ZOOMCAR HOLDINGS INC	$0.34	88,025	-5.09%	0.35	0.40	0.89	3.38	7.01	28.15	34.01	39.95	83.14	87.39	-0.18	-0.23	0.05	0.22
GPAC	GLOBAL PARTNER ACQUISITION CORP II	$11.39	2	-81.82%	11.34	11.28	11.20	11.13	11.00	69.73	82.76	82.76	100.00	100.00	0.06	0.04	0.01	0.01
LATG	CHENGHE ACQUISITION I CO	$11.31	22,964	781.20%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.01
HLXB	HELIX ACQUISITION CORP II	$10.29	2,056	N/A	20.38	21.29	21.50	N/A	N/A	63.90	47.79	31.64	69.67	51.02	-0.25	-0.37	0.12	0.34
FHLT	FUTURE HEALTH ESG CORP	$12.30	5,965	1,855.74%	12.09	11.97	11.23	11.01	10.75	56.09	26.16	23.87	23.72	22.10	0.20	0.28	-0.08	0.03
ONYX	ONYX ACQUISITION CO I	$11.09	96	-97.73%	11.12	11.16	11.12	11.09	10.98	43.19	8.33	25.21	6.00	14.92	-0.00	0.01	-0.01	-0.02
FIAC	FOCUS IMPACT ACQUISITION CORP	$11.07	4	-99.98%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.00
OSI	OSIRIS ACQUISITION CORP	$10.71	318	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.01
HUDA	HUDSON ACQUISITION I CORP	$11.75	69	-99.06%	11.36	11.00	10.72	10.66	10.63	63.63	41.94	46.31	11.75	12.43	0.30	0.21	0.09	-0.07
NCNC	NOCO-NOCO INC	$0.24	31,216	-20.25%	0.24	0.25	0.23	0.21	1.88	48.07	35.02	33.84	15.10	10.88	-0.00	0.00	-0.00	-0.25
ARYD	ARYA SCIENCES ACQUISITION CORP IV	$11.33	15,615	912.65%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.01
WINV	WINVEST ACQUISITION CORP	$11.23	100	-98.87%	11.22	11.17	11.16	11.10	11.03	53.34	71.49	82.16	59.18	75.28	0.02	0.02	0.00	0.00
MAQC	MAQUIA CAPITAL ACQUISITION CORP	$11.02	100	0.00%	11.03	11.01	10.99	11.11	11.33	56.22	54.17	58.33	68.68	84.34	0.01	0.01	0.00	-0.01
TRON	CORNER GROWTH ACQUISITION CORP 2	$11.49	2	-50.00%	11.47	11.48	11.49	11.46	11.32	53.96	100.00	88.89	100.00	88.89	0.00	-0.00	0.00	-0.00
DHAC	DIGITAL HEALTH ACQUISITION CORP	$12.00	2	-91.30%	12.02	12.19	11.90	12.06	12.05	49.29	10.01	12.86	7.42	7.14	0.02	0.06	-0.04	0.05
CHAA	CATCHA INVESTMENT CORP	$11.29	10,129	60.27%	11.30	11.30	11.20	11.18	11.01	51.02	16.43	16.02	58.59	61.45	0.04	0.04	-0.00	-0.01
DECA	DENALI CAPITAL ACQUISITION CORP	$9.20	45,755	49.77%	8.42	8.30	7.09	7.53	9.21	61.10	56.44	41.83	59.36	37.46	0.37	0.38	-0.01	-0.07
LGVC	LAMF GLOBAL VENTURES CORP I	$6.80	18,017	-58.46%	6.78	8.25	9.78	10.30	10.47	33.07	20.19	15.86	50.25	36.74	-1.00	-0.94	-0.06	-0.04
HNRA	HNR ACQUISITION CORP	$2.39	84,072	42.12%	2.54	2.63	2.49	2.23	5.97	46.01	11.10	15.95	23.87	35.63	-0.04	-0.00	-0.04	0.05
GTI	GRAPHJET TECHNOLOGY	$6.95	18,273	45.93%	8.25	8.10	9.09	10.28	10.70	40.60	22.20	25.00	17.10	19.68	-0.52	-0.36	-0.16	-0.10
MCAC	MONTEREY CAPITAL ACQUISITION CORP	$11.24	402	-66.94%	11.23	11.18	11.08	10.98	10.81	93.22	51.67	51.48	100.00	100.00	0.05	0.05	-0.00	-0.01
ASCA	ASPAC I ACQUISITION CORP	$3.01	673,970	10,404.52%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.01

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	72	+0.55%	+3.06%	+0.70%	+11.04%	23.96x	5.37x	+12.75%	+4.29%	+10.95%	+6.92%	Buy
Airlines	18	-0.40%	-0.91%	-2.25%	+12.86%	15.08x	2.96x	+21.82%	+4.70%	+11.85%	+23.86%	Buy
Airports & Air Services	12	+2.18%	+14.99%	+12.16%	+11.89%	12.64x	5.02x	+0.35%	+4.97%	+12.05%	-12.52%	Strong Buy
Business Equipment & Supplies	5	+0.47%	+0.79%	-4.87%	+38.82%	20.76x	1.44x	+7.99%	+4.27%	+7.97%	+49.48%	Buy
Conglomerates	20	+0.12%	-0.56%	-1.05%	-16.41%	14.46x	4.81x	+1.08%	+2.36%	+4.08%	+24.74%	Strong Buy
Consulting Services	14	-0.34%	+1.80%	-4.24%	+17.53%	30.43x	7.40x	+80.44%	+7.24%	+15.22%	+18.15%	Buy
Electrical Equipment & Parts	56	+1.16%	+4.92%	+1.06%	+39.20%	38.45x	4.30x	+19.20%	+6.70%	+12.45%	+9.41%	Buy
Engineering & Construction	41	+2.01%	+6.15%	-0.54%	+60.51%	35.83x	4.25x	+12.57%	+5.25%	+13.04%	+7.66%	Strong Buy
Farm & Heavy Construction Machinery	27	-0.06%	-1.55%	-4.11%	+17.91%	13.76x	4.74x	+43.81%	+10.68%	+15.45%	+10.17%	Buy
Industrial Distribution	18	-0.47%	+2.18%	-5.23%	+34.10%	515.69x	6.81x	+34.50%	+15.55%	+28.38%	+9.71%	Buy
Infrastructure Operations	2	-0.18%	+3.91%	-2.25%	+4.32%	65.52x	7.78x	+12.96%	+2.82%	+10.74%	-17.46%	Hold
Integrated Freight & Logistics	20	-0.30%	+0.49%	-6.25%	-7.74%	18.59x	4.01x	+25.80%	+8.38%	+15.94%	+13.99%	Buy
Marine Shipping	38	+1.07%	+5.63%	+4.49%	+41.75%	17.39x	1.02x	+6.98%	+4.19%	+6.90%	+18.26%	Strong Buy
Metal Fabrication	19	+1.04%	+1.87%	+0.83%	+33.21%	19.04x	2.96x	+17.50%	+8.77%	+14.41%	+12.20%	Buy
Pollution & Treatment Controls	16	+0.50%	+4.20%	+2.50%	+31.60%	13.17x	7.43x	+10.79%	+2.73%	+5.35%	+15.86%	Buy
Railroads	11	-0.13%	+2.62%	-0.01%	+27.09%	25.08x	4.62x	+26.93%	+7.74%	+10.41%	+8.59%	Buy
Rental & Leasing Services	23	-0.09%	+4.92%	-3.70%	+34.67%	15.67x	2.31x	+10.62%	+6.28%	+7.93%	+5.32%	Buy
Security & Protection Services	24	+0.49%	+2.14%	-2.43%	+27.86%	38.13x	2.98x	+19.65%	+6.39%	+13.31%	+15.40%	Strong Buy
Shell Companies	206	-0.16%	+0.12%	+0.27%	+4.34%	31.79x	-14.35x	-29.91%	+0.92%	-2.24%	N/A
Specialty Business Services	39	-0.05%	+1.02%	-0.81%	+26.12%	35.47x	4.79x	+26.93%	+11.80%	+19.88%	+11.29%	Buy
Specialty Industrial Machinery	74	+0.63%	+2.32%	-2.42%	+33.63%	33.07x	4.98x	+22.83%	+8.96%	+16.47%	+10.02%	Buy
Staffing & Employment Services	26	-2.70%	-2.03%	-4.70%	+3.78%	27.42x	9.44x	+68.23%	+8.38%	+44.76%	+9.57%	Buy
Tools & Accessories	12	+0.58%	-0.10%	-6.18%	+8.03%	3.74x	2.69x	+17.06%	+7.96%	+14.05%	+8.37%	Buy
Travel Services	18	+0.56%	+3.70%	-3.27%	+38.62%	32.11x	9.56x	-163.23%	+13.82%	+29.24%	+11.15%	Buy
Trucking	16	-9.87%	-9.01%	-16.04%	+39.52%	48.16x	3.74x	+20.64%	+13.47%	+19.77%	+24.69%	Buy
Waste Management	20	-0.84%	+0.03%	-1.66%	+22.93%	19.03x	5.80x	+20.61%	+5.47%	+9.78%	+9.94%	Buy

Industrial Stocks FAQ

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

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

1. Danaos (NYSE:DAC)

Danaos (NYSE:DAC) is the top industrial stock with a Zen Score of 73, which is 47 points higher than the industrial sector average of 26. It passed 27 out of 38 due diligence checks and has strong fundamentals. Danaos has seen its stock return 30.44% over the past year, overperforming other industrial stocks by 10 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 19.66% from Danaos's current stock price of $75.21.

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.

2. Kanzhun (NASDAQ:BZ)

Kanzhun (NASDAQ:BZ) is the second best industrial stock with a Zen Score of 73, which is 47 points higher than the industrial sector average of 26. It passed 24 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 15.79% over the past year, underperforming other industrial stocks by -5 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 19.46% from Kanzhun's current stock price of $20.09.

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.

3. Resources Connection (NASDAQ:RGP)

Resources Connection (NASDAQ:RGP) is the third best industrial stock with a Zen Score of 68, which is 42 points higher than the industrial sector average of 26. It passed 23 out of 38 due diligence checks and has strong fundamentals. Resources Connection has seen its stock lose -22.54% over the past year, underperforming other industrial stocks by -43 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 17.12% from Resources Connection's current stock price of $11.10.

Resources Connection stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Resources Connection, 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.

What are the industrial stocks with highest dividends?

Out of 253 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 2.2%.

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. Cnh Industrial Nv (NYSE:CNHI)

Cnh Industrial Nv (NYSE:CNHI) has an annual dividend yield of N/A, which is N/A percentage points lower than the industrial sector average of 2.2%. Cnh Industrial Nv's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Cnh Industrial Nv's dividend has shown consistent growth over the last 10 years.

Cnh Industrial Nv's dividend payout ratio of 22.4% indicates that its dividend yield is sustainable for the long-term.

3. Spirit Airlines (NYSE:SAVE)

Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 28.25%, which is 26 percentage points higher than the industrial sector average of 2.2%.

Spirit Airlines's dividend payout ratio of -29.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are industrial stocks up?

Industrial stocks were up 0.04% in the last day, and up 2% over the last week. Universal Logistics Holdings was the among the top gainers in the industrials sector, gaining 39.37% yesterday.

Universal Logistics Holdings shares are trading higher after the company reported better-than-expected Q1 financial results.

What are the most undervalued industrial stocks?

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

1. Stealthgas (NASDAQ:GASS)

Stealthgas (NASDAQ:GASS) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. Stealthgas has a valuation score of 100, which is 76 points higher than the industrial sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 129.06% in the past year. It has overperformed other stocks in the industrial sector by 109 percentage points.

2. Hertz Global Holdings (NASDAQ:HTZ)

Hertz Global Holdings (NASDAQ:HTZ) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. Hertz Global Holdings has a valuation score of 100, which is 76 points higher than the industrial sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -70.83% in the past year. It has underperformed other stocks in the industrial sector by -91 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 76 points higher than the industrial sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Resources Connection's stock has dropped -22.54% in the past year. It has underperformed other stocks in the industrial sector by -43 percentage points.

Are industrial stocks a good buy now?

46.14% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 10.43% 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 45.2x.

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.

Sectors & IndustriesIndustrials
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.

Industrial Industries

Industrial Stocks FAQ

1. Danaos (NYSE:DAC)

2. Kanzhun (NASDAQ:BZ)

3. Resources Connection (NASDAQ:RGP)

1. Zim Integrated Shipping Services (NYSE:ZIM)

2. Cnh Industrial Nv (NYSE:CNHI)

3. Spirit Airlines (NYSE:SAVE)

1. Stealthgas (NASDAQ:GASS)

2. Hertz Global Holdings (NASDAQ:HTZ)

3. Resources Connection (NASDAQ:RGP)

Company

Stock Tools

Stock Ideas