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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
BREZ
BREEZE HOLDINGS ACQUISITION CORP
United States
$50.23M4,299,27616.47%59.89%
QOMO
QOMOLANGMA ACQUISITION CORP
United States
$38.65M3,575,63518.58%44.40%Net Selling
RACY
RELATIVITY ACQUISITION CORP
United States
$54.04M4,400,7941.60%98.40%
BNIX
BANNIX ACQUISITION CORP
United States
$60.32M5,463,61351.33%8.69%
OCAX
OCA ACQUISITION CORP
United States
$73.62M6,735,93642.14%6.01%Net Selling
NCNC
NOCO-NOCO INC
Singapore
$31.96M135,430,4520.38%2.98%
ASCA
ASPAC I ACQUISITION CORP
Singapore
$11.22M3,726,47151.26%46.29%
WINV
WINVEST ACQUISITION CORP
United States
$45.12M4,018,12324.42%70.06%Net Selling
GATE
MARBLEGATE ACQUISITION CORP
United States
$124.67M11,850,9387.70%11.48%
ARYD
ARYA SCIENCES ACQUISITION CORP IV
United States
$85.39M7,536,51647.88%19.86%
LGVC
LAMF GLOBAL VENTURES CORP I
United States
$84.95M12,491,94923.53%76.36%
TRON
CORNER GROWTH ACQUISITION CORP 2
United States
$58.32M5,077,56113.60%86.40%Net Selling
IVCB
INVESTCORP EUROPE ACQUISITION CORP I
Cayman Islands
$228.73M20,170,29455.45%42.76%
CONX
CONX CORP
United States
$220.39M20,870,2698.98%7.28%Net Selling
DUET
DUET ACQUISITION CORP
United States
$41.97M3,829,58686.79%13.21%
MCAC
MONTEREY CAPITAL ACQUISITION CORP
United States
$108.76M9,676,12569.01%0.00%
PTWO
PONO CAPITAL TWO INC
United States
$78.19M5,216,29035.63%52.27%Net BuyingNet Buying
BRAC
BROAD CAPITAL ACQUISITION CORP
United States
$53.11M4,708,56073.47%26.53%Net Selling
DECA
DENALI CAPITAL ACQUISITION CORP
United States
$65.42M7,110,32934.03%14.35%
CNGL
CANNA-GLOBAL ACQUISITION CORP
United States
$85.80M7,722,65712.12%18.05%Net Selling
IMAQ
INTERNATIONAL MEDIA ACQUISITION CORP
United States
$96.99M8,500,16413.23%86.77%
HNRA
HNR ACQUISITION CORP
United States
$17.96M7,515,6536.74%44.39%
OSI
OSIRIS ACQUISITION CORP
United States
$94.82M8,853,54132.82%25.72%
DSAQ
DIRECT SELLING ACQUISITION CORP
United States
$95.06M8,472,28330.11%69.89%
XFIN
EXCELFIN ACQUISITION CORP
United States
$88.26M7,951,53319.88%77.57%Net Buying
ONYX
ONYX ACQUISITION CO I
United States
$88.12M7,945,46120.18%79.82%Net SellingNet Selling
KRNL
KERNEL GROUP HOLDINGS INC
United States
$88.92M8,128,09176.78%8.34%Net Selling
CLOE
CLOVER LEAF CAPITAL CORP
United States
$63.85M5,320,50715.13%84.87%Net Selling
AIB
AIB ACQUISITION CORP
United States
$42.33M3,612,02529.01%19.14%
HLXB
HELIX ACQUISITION CORP II
United States
N/A19,225,0000.00%7.35%Net BuyingNet Buying
BLUA
BLUERIVER ACQUISITION CORP
United States
$104.92M9,555,21018.64%22.76%
JVSA
JVSPAC ACQUISITION CORP
Hong Kong
$77.55M7,686,2500.00%6.05%
FHLT
FUTURE HEALTH ESG CORP
United States
$73.02M5,936,44721.28%78.72%
ZCAR
ZOOMCAR HOLDINGS INC
United States
$13.50M39,711,0591.01%24.50%
GPAC
GLOBAL PARTNER ACQUISITION CORP II
United States
$105.87M9,294,58528.27%71.73%
LATG
CHENGHE ACQUISITION I CO
United States
$81.34M7,191,87357.97%14.71%
WTMA
WELSBACH TECHNOLOGY METALS ACQUISITION CORP
United States
$48.67M4,456,82748.55%50.14%
FRLA
FORTUNE RISE ACQUISITION CORP
United States
$70.06M6,271,79843.44%56.56%Net Selling
GAMC
GOLDEN ARROW MERGER CORP
United States
$83.48M7,765,4376.59%0.00%
DHAC
DIGITAL HEALTH ACQUISITION CORP
United States
$43.25M3,603,9661.01%80.88%
TETE
TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP
United States
$75.78M6,384,20928.50%71.50%
CHAA
CATCHA INVESTMENT CORP
Malaysia
$109.68M9,714,85920.15%0.00%Net Selling
GTI
GRAPHJET TECHNOLOGY
Malaysia
$1.00B144,163,0750.63%0.21%
FIAC
FOCUS IMPACT ACQUISITION CORP
United States
$82.67M7,467,57849.19%50.81%
BLAC
BELLEVUE LIFE SCIENCES ACQUISITION CORP
United States
$60.22M5,622,95441.88%58.12%
HUDA
HUDSON ACQUISITION I CORP
United States
$52.88M4,500,15648.54%0.00%
CETU
CETUS CAPITAL ACQUISITION CORP
Taiwan
$40.52M3,840,80965.67%34.33%

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+0.55%+3.06%+0.70%+11.04%23.96x5.37x+12.75%+4.29%+10.95%+6.92%Buy
18-0.40%-0.91%-2.25%+12.86%15.08x2.96x+21.82%+4.70%+11.85%+23.86%Buy
12+2.18%+14.99%+12.16%+11.89%12.64x5.02x+0.35%+4.97%+12.05%-12.52%Strong Buy
5+0.47%+0.79%-4.87%+38.82%20.76x1.44x+7.99%+4.27%+7.97%+49.48%Buy
20+0.12%-0.56%-1.05%-16.41%14.46x4.81x+1.08%+2.36%+4.08%+24.74%Strong Buy
14-0.34%+1.80%-4.24%+17.53%30.43x7.40x+80.44%+7.24%+15.22%+18.15%Buy
56+1.16%+4.92%+1.06%+39.20%38.45x4.30x+19.20%+6.70%+12.45%+9.41%Buy
41+2.01%+6.15%-0.54%+60.51%35.83x4.25x+12.57%+5.25%+13.04%+7.66%Strong Buy
27-0.06%-1.55%-4.11%+17.91%13.76x4.74x+43.81%+10.68%+15.45%+10.17%Buy
18-0.47%+2.18%-5.23%+34.10%515.69x6.81x+34.50%+15.55%+28.38%+9.71%Buy
2-0.18%+3.91%-2.25%+4.32%65.52x7.78x+12.96%+2.82%+10.74%-17.46%Hold
20-0.30%+0.49%-6.25%-7.74%18.59x4.01x+25.80%+8.38%+15.94%+13.99%Buy
38+1.07%+5.63%+4.49%+41.75%17.39x1.02x+6.98%+4.19%+6.90%+18.26%Strong Buy
19+1.04%+1.87%+0.83%+33.21%19.04x2.96x+17.50%+8.77%+14.41%+12.20%Buy
16+0.50%+4.20%+2.50%+31.60%13.17x7.43x+10.79%+2.73%+5.35%+15.86%Buy
11-0.13%+2.62%-0.01%+27.09%25.08x4.62x+26.93%+7.74%+10.41%+8.59%Buy
23-0.09%+4.92%-3.70%+34.67%15.67x2.31x+10.62%+6.28%+7.93%+5.32%Buy
24+0.49%+2.14%-2.43%+27.86%38.13x2.98x+19.65%+6.39%+13.31%+15.40%Strong Buy
206-0.16%+0.12%+0.27%+4.34%31.79x-14.35x-29.91%+0.92%-2.24%N/A
39-0.05%+1.02%-0.81%+26.12%35.47x4.79x+26.93%+11.80%+19.88%+11.29%Buy
74+0.63%+2.32%-2.42%+33.63%33.07x4.98x+22.83%+8.96%+16.47%+10.02%Buy
26-2.70%-2.03%-4.70%+3.78%27.42x9.44x+68.23%+8.38%+44.76%+9.57%Buy
12+0.58%-0.10%-6.18%+8.03%3.74x2.69x+17.06%+7.96%+14.05%+8.37%Buy
18+0.56%+3.70%-3.27%+38.62%32.11x9.56x-163.23%+13.82%+29.24%+11.15%Buy
16-9.87%-9.01%-16.04%+39.52%48.16x3.74x+20.64%+13.47%+19.77%+24.69%Buy
20-0.84%+0.03%-1.66%+22.93%19.03x5.80x+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.