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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
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
FCN
FTI CONSULTING INC
$7.63B$3.61B$455.50M$307.31M$8.9516.04%11.65%34.38%13.80%2024-06-05
CW
CURTISS WRIGHT CORP
$9.68B$2.85B$630.64M$354.51M$9.2611.28%3.36%20.73%8.08%2024-05-21
BWLP
BW LPG LTD
N/A$2.95B$717.81M$469.96M$3.5389.16%N/A110.12%N/A
PH
PARKER HANNIFIN CORP
$69.97B$19.83B$4.82B$2.63B$20.5115.39%6.43%108.86%14.03%2024-05-16
GIC
GLOBAL INDUSTRIAL CO
$1.47B$1.32B$103.30M$70.70M$1.8414.99%7.62%0.00%-20.79%2024-06-03
FLS
FLOWSERVE CORP
$6.21B$4.43B$418.21M$234.20M$1.7817.31%3.07%1.71%9.71%2024-05-16
FSS
FEDERAL SIGNAL CORP
$4.97B$1.76B$298.90M$181.60M$2.9818.25%9.61%41.90%12.69%2024-05-30
VMI
VALMONT INDUSTRIES INC
$4.14B$4.17B$396.49M$150.85M$6.85-3.93%8.65%-41.80%8.48%2024-05-06
KAI
KADANT INC
$3.21B$957.67M$199.97M$116.07M$9.925.85%8.61%-4.43%12.73%
CXT
CRANE NXT CO
$3.46B$1.39B$368.00M$188.30M$3.313.84%-16.09%-8.31%-10.08%2024-05-09
CSWI
CSW INDUSTRIALS INC
$3.69B$777.67M$185.12M$96.95M$6.245.73%17.85%10.64%20.56%2024-05-23
LSTR
LANDSTAR SYSTEM INC
$6.23B$5.30B$402.30M$264.39M$7.36-28.69%2.82%-37.41%3.52%2024-05-07
XYL
XYLEM INC
$31.60B$7.36B$1.12B$609.00M$2.8133.36%7.18%42.64%-1.63%2024-06-04
ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC
$113.14M$37.60M$9.84M$6.39M$0.3736.42%20.60%27.59%N/A2024-05-06
CNI
CANADIAN NATIONAL RAILWAY CO
$77.43B$12.15B$6.46B$3.99B$6.12-3.96%2.25%7.31%6.66%
FELE
FRANKLIN ELECTRIC CO INC
$4.44B$2.04B$318.48M$188.91M$4.08-1.70%9.56%-2.63%15.44%2024-05-03
ENR
ENERGIZER HOLDINGS INC
$2.06B$2.91B$409.90M$93.40M$1.31-1.94%10.14%N/A-5.52%2024-05-07
CVU
CPI AEROSTRUCTURES INC
$33.94M$86.47M$6.78M$17.20M$1.403.76%4.21%89.19%N/A2024-06-13
GWW
WW GRAINGER INC
$45.21B$16.62B$2.83B$1.82B$36.386.06%8.11%11.02%20.65%
WTS
WATTS WATER TECHNOLOGIES INC
$6.61B$2.06B$401.00M$262.10M$7.853.88%5.61%4.53%16.05%2024-05-22
CPLP
CAPITAL PRODUCT PARTNERS LP
$920.25M$360.59M$236.27M$45.60M$2.1520.57%25.12%-65.27%N/A
NDSN
NORDSON CORP
$14.77B$2.65B$812.38M$492.80M$8.632.31%3.78%-0.23%9.31%2024-05-20
CLWT
EURO TECH HOLDINGS CO LTD
$12.11M$17.94M$1.90M$1.83M$0.2420.01%-2.25%380.00%67.88%2024-05-13
FAST
FASTENAL CO
$38.90B$7.38B$1.71B$1.16B$2.023.46%7.73%3.59%8.55%
OSK
OSHKOSH CORP
$7.34B$9.93B$1.15B$688.90M$10.5315.45%4.36%162.59%6.97%2024-05-07
SEB
SEABOARD CORP
$3.21B$9.25B$481.00M$264.00M$238.66-16.12%7.17%-39.83%57.92%2024-05-01
UUU
UNIVERSAL SECURITY INSTRUMENTS INC
$3.52M$21.00M$699.25k$365.52k$0.152.23%3.74%87.50%N/A
ETN
EATON CORP PLC
$127.24B$23.66B$5.11B$3.40B$8.5010.58%1.78%31.99%10.98%
LECO
LINCOLN ELECTRIC HOLDINGS INC
$12.49B$4.13B$816.96M$546.73M$9.566.67%6.41%17.88%15.65%
IEX
IDEX CORP
$16.69B$3.23B$940.10M$577.70M$7.62-1.44%5.31%-1.80%6.58%2024-05-07
EME
EMCOR GROUP INC
$16.79B$13.12B$1.12B$718.67M$15.2315.39%9.36%67.55%23.83%2024-06-06
JBHT
HUNT J B TRANSPORT SERVICES INC
$16.78B$12.54B$1.76B$658.01M$6.36-13.82%7.45%-28.62%7.12%
WAB
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
$28.41B$9.98B$1.91B$918.00M$5.1415.66%15.28%43.18%19.60%2024-05-16
SNA
SNAP-ON INC
$14.13B$5.11B$1.47B$1.03B$19.393.69%4.73%9.18%9.34%
AIT
APPLIED INDUSTRIAL TECHNOLOGIES INC
$7.07B$4.48B$543.04M$374.49M$9.663.72%5.12%11.42%20.96%
ASR
SOUTHEAST AIRPORT GROUP
$10.34B$1.55B$1.04B$613.57M$20.4517.16%14.13%17.34%18.25%
PLPC
PREFORMED LINE PRODUCTS CO
$593.52M$669.68M$105.16M$63.33M$12.875.13%9.73%16.68%19.51%2024-05-07
BWEN
BROADWIND INC
$45.72M$203.48M$17.47M$7.65M$0.3615.12%10.17%N/AN/A2024-05-16
ECO
OKEANIS ECO TANKERS CORP
$1.01B$413.10M$246.81M$145.25M$4.5152.45%N/A71.48%N/A2024-05-16
ASC
ARDMORE SHIPPING CORP
$691.85M$395.98M$160.01M$113.41M$2.76-11.16%13.51%-23.97%N/A2024-05-08
CMI
CUMMINS INC
$40.07B$34.07B$2.92B$735.00M$5.1921.34%7.46%-65.86%-17.03%2024-05-14
NSSC
NAPCO SECURITY TECHNOLOGIES INC
$1.50B$177.41M$49.80M$43.20M$1.1710.23%12.68%143.75%35.10%2024-05-06
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.58B$1.66B$203.10M$128.28M$3.42-10.27%18.16%-35.83%-1.88%2024-05-01
LUV
SOUTHWEST AIRLINES CO
$15.52B$26.71B$2.36B$393.00M$0.667.60%3.80%-41.07%-31.00%2024-05-15
PWR
QUANTA SERVICES INC
$37.68B$20.88B$1.76B$744.69M$5.1322.30%13.33%50.00%21.72%2024-05-24
OPXS
OPTEX SYSTEMS HOLDINGS INC
$48.38M$28.59M$3.97M$2.92M$0.4329.45%5.41%258.33%8.96%2024-05-16
ITW
ILLINOIS TOOL WORKS INC
$72.94B$16.11B$4.48B$2.96B$9.771.10%1.75%-0.31%5.01%2024-05-03
HUBB
HUBBELL INC
$19.87B$5.37B$1.16B$759.80M$14.148.59%3.69%39.59%16.57%2024-06-04
KNX
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC
$7.47B$7.14B$1.26B$217.15M$1.35-3.86%5.97%-71.58%-10.65%2024-05-16
NPK
NATIONAL PRESTO INDUSTRIES INC
$583.56M$340.91M$48.44M$34.56M$4.866.00%1.07%66.44%-3.14%2024-05-15
SNDR
SCHNEIDER NATIONAL INC
$3.64B$5.50B$702.80M$238.50M$1.35-16.74%2.01%-47.47%-2.34%2024-05-02
GXO
GXO LOGISTICS INC
$5.92B$9.78B$676.00M$229.00M$1.938.73%10.02%14.88%N/A2024-05-23
ARMK
ARAMARK
$8.27B$18.66B$1.77B$628.49M$2.4114.54%3.01%173.86%2.40%2024-05-07
STN
STANTEC INC
$9.08B$3.75B$595.41M$245.33M$2.2117.08%8.92%37.65%48.43%2024-05-09
TFII
TFI INTERNATIONAL INC
$11.02B$7.54B$1.21B$485.81M$5.69-10.97%15.96%-36.14%16.08%
ENS
ENERSYS
$3.66B$3.66B$445.99M$274.13M$6.710.98%6.32%98.52%7.66%2024-05-22
TITN
TITAN MACHINERY INC
$508.61M$2.76B$203.62M$112.44M$4.9324.86%16.94%9.56%55.06%2024-06-03
MYRG
MYR GROUP INC
$2.78B$3.64B$189.08M$90.99M$5.4521.12%18.93%9.44%23.59%2024-06-11
ZWS
ZURN ELKAY WATER SOLUTIONS CORP
$5.40B$1.53B$291.10M$124.20M$0.728.34%-5.66%84.62%45.61%2024-05-02
ATSG
AIR TRANSPORT SERVICES GROUP INC
$842.04M$2.07B$521.05M$60.33M$0.881.23%18.33%-67.41%-5.70%2024-05-22
BBU
BROOKFIELD BUSINESS PARTNERS LP
$1.40B$55.07B$7.70B$482.00M$6.49-4.04%8.18%1,252.08%42.36%2024-05-01
AYI
ACUITY BRANDS INC
$7.65B$3.85B$590.20M$377.70M$12.11-6.35%0.31%5.30%8.22%2024-06-27
RYAAY
RYANAIR HOLDINGS PLC
$31.02B$12.11B$2.74B$1.48B$6.49122.00%6.00%N/A-3.32%2024-05-20
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
$7.02B$2.36B$1.15B$476.46M$2.4010.37%25.77%52.87%N/A2024-06-11
MSA
MSA SAFETY INC
$7.10B$1.80B$457.79M$266.90M$6.8012.98%5.82%N/A17.94%2024-05-22
RSG
REPUBLIC SERVICES INC
$60.31B$14.96B$4.30B$1.73B$5.4710.76%8.31%16.38%11.53%2024-05-23
NAT
NORDIC AMERICAN TANKERS LTD
$814.31M$391.69M$180.73M$98.71M$0.4715.43%6.27%571.43%N/A2024-05-20
KEX
KIRBY CORP
$6.39B$3.09B$557.32M$222.94M$3.7411.02%0.80%83.33%23.34%
WWD
WOODWARD INC
$9.79B$3.08B$521.20M$292.81M$4.8825.32%4.21%73.67%7.31%
ARC
ARC DOCUMENT SOLUTIONS INC
$112.90M$281.20M$31.89M$8.24M$0.19-1.68%-6.84%-26.92%-1.02%2024-05-07
CPA
COPA HOLDINGS SA
$4.01B$3.46B$1.08B$514.10M$12.7816.59%5.24%48.95%43.78%2024-05-16
MAN
MANPOWERGROUP INC
$3.64B$18.91B$344.40M$88.80M$1.78-4.60%-2.97%-75.17%-27.06%2024-05-03
CVEO
CIVEO CORP
$339.56M$699.33M$124.46M$31.38M$2.100.05%8.10%N/AN/A2024-05-15
WSO
WATSCO INC
$19.82B$7.28B$732.10M$536.34M$13.720.13%9.88%-11.25%16.11%
SAIA
SAIA INC
$10.55B$2.98B$673.25M$369.46M$13.866.60%12.22%3.90%27.46%
CSX
CSX CORP
$64.94B$14.63B$7.22B$3.62B$1.82-3.39%3.39%-10.78%5.89%2024-05-08
AXON
AXON ENTERPRISE INC
$23.62B$1.56B$194.48M$174.23M$2.3531.38%30.06%13.53%35.21%2024-05-10
CAAP
CORPORACION AMERICA AIRPORTS SA
$2.76B$1.40B$773.43M$239.51M$1.491.55%-0.37%41.90%106.17%2024-05-21
SPLP
STEEL PARTNERS HOLDINGS LP
$735.74M$1.91B$322.93M$150.83M$7.0412.39%3.76%-22.04%N/A2024-05-23
ALG
ALAMO GROUP INC
$2.34B$1.69B$249.19M$136.16M$11.4211.63%10.87%33.10%12.63%2024-05-03
KE
KIMBALL ELECTRONICS INC
$520.51M$1.84B$129.62M$54.65M$2.1916.16%10.63%25.14%14.98%2024-05-08
LZ
LEGALZOOMCOM INC
$2.25B$660.73M$60.06M$13.95M$0.076.57%N/AN/AN/A2024-06-06
MRTN
MARTEN TRANSPORT LTD
$1.38B$1.13B$217.81M$70.37M$0.87-10.48%7.51%-35.56%5.36%2024-05-07
MMYT
MAKEMYTRIP LTD
$7.35B$728.16MN/A$50.46M$0.4736.59%6.82%N/AN/A2024-05-14
DE
DEERE & CO
$108.95B$60.79B$17.57B$9.96B$34.509.21%9.60%27.40%26.72%2024-05-16
TWI
TITAN INTERNATIONAL INC
$668.31M$1.82B$166.02M$78.76M$1.26-16.02%2.60%-55.00%83.84%2024-06-13
SCX
STARRETT L S CO
$120.91M$251.66M$28.52M$19.43M$2.62-2.50%2.65%33.67%30.21%2024-05-21
ESLT
ELBIT SYSTEMS LTD
$9.02B$5.97B$540.67M$215.13M$4.858.40%10.16%-21.90%0.08%
WLDN
WILLDAN GROUP INC
$388.18M$510.10M$40.44M$10.93M$0.8218.87%13.38%N/A-5.36%2024-06-13
NVEE
NV5 GLOBAL INC
$1.48B$861.74M$132.74M$44.60M$2.969.53%15.56%-12.68%3.94%2024-06-18
MOG.A
MOOG INC
$5.09B$3.51B$406.12M$189.78M$5.9511.84%4.68%12.26%5.01%
J
JACOBS SOLUTIONS INC
$18.03B$16.71B$1.31B$701.74M$5.638.94%7.07%11.49%23.37%2024-05-07
NSP
INSPERITY INC
$3.84B$6.49B$294.92M$171.38M$4.539.21%11.12%-3.62%6.93%2024-05-21
SITE
SITEONE LANDSCAPE SUPPLY INC
$7.08B$4.30B$287.30M$173.40M$3.847.14%15.28%-29.54%15.98%2024-05-07
GNRC
GENERAC HOLDINGS INC
$8.19B$4.02B$552.02M$214.61M$3.31-11.88%14.73%-40.36%-1.50%2024-06-14
KFY
KORN FERRY
$3.17B$2.83B$298.46M$151.46M$2.90-0.67%7.65%-39.20%11.67%2024-06-25
WM
WASTE MANAGEMENT INC
$83.43B$20.69B$5.81B$2.48B$6.153.83%6.51%11.82%6.97%2024-05-14
FWRD
FORWARD AIR CORP
$580.68M$1.37B$270.16M$167.35M$6.42-18.39%3.80%-10.46%15.38%2024-05-09
GTLS
CHART INDUSTRIES INC
$6.09B$3.35B$553.30M$20.00M$0.48107.92%27.27%-22.58%-29.87%2024-05-21
CRAI
CRA INTERNATIONAL INC
$1.01B$623.98M$81.94M$38.48M$5.485.60%8.36%-8.97%14.70%2024-05-02

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72-0.52%+0.92%+0.60%+9.76%24.20x5.39x+12.93%+4.31%+10.82%+7.33%Buy
18-2.66%-4.86%-5.58%+4.98%14.77x2.85x+22.42%+4.84%+12.14%+26.51%Buy
12-2.46%+2.51%+8.93%+6.03%11.14x4.73x+3.59%+5.49%+13.16%-7.90%Strong Buy
5-1.69%-1.73%-5.30%+35.12%17.31x1.43x+8.74%+4.52%+8.56%+32.65%Strong Buy
20+0.23%+0.21%+1.59%-15.45%14.07x4.86x-11.01%+1.99%+8.63%+25.74%Strong Buy
14-1.25%-0.47%-5.19%+15.85%30.49x7.36x+80.13%+7.25%+15.20%+18.71%Buy
56-3.64%-1.22%-4.02%+29.46%38.02x4.18x+18.50%+6.37%+12.35%+13.34%Buy
41-1.62%+2.14%-1.95%+53.04%34.78x4.21x+12.61%+5.27%+13.10%+8.73%Strong Buy
27-3.30%-4.53%-6.87%+12.56%13.42x4.63x+43.86%+10.66%+15.33%+12.95%Buy
18-1.58%-1.58%-6.78%+27.12%504.57x6.73x+34.36%+15.55%+28.35%+11.59%Buy
2-2.62%-2.65%-3.52%-0.33%63.71x7.58x+12.90%+2.81%+10.73%-15.18%Hold
20-1.19%-1.39%-7.24%-13.50%18.49x3.98x+25.85%+8.38%+15.94%+15.44%Buy
38-0.81%+2.23%+2.75%+38.10%15.96x1.01x+7.32%+4.41%+7.15%+19.19%Strong Buy
19-0.22%-0.20%-1.15%+28.90%19.55x3.03x+17.40%+8.60%+14.27%+11.63%Buy
16-3.49%-1.71%-1.41%+22.44%12.04x7.27x+10.83%+2.85%+5.36%+18.69%Buy
11-2.68%-2.61%-4.24%+19.33%24.30x4.49x+27.02%+7.75%+10.46%+12.18%Buy
23-5.14%-2.09%-8.07%+29.14%15.19x2.24x+11.13%+6.26%+7.90%+9.35%Buy
24-3.24%-3.31%-4.99%+21.03%19.42x2.91x+23.61%+8.02%+14.57%+17.81%Strong Buy
203-0.43%+0.03%-0.03%+4.33%32.32x-14.49x-30.22%+0.96%-2.45%N/A
39-1.44%-2.52%-4.87%+20.74%34.85x4.71x+26.97%+11.80%+19.88%+13.19%Buy
75-2.11%-1.83%-4.32%+26.22%31.86x5.08x+21.81%+8.58%+15.81%+11.88%Buy
26-1.57%-4.65%-6.64%-1.40%26.99x9.30x+68.67%+8.39%+45.05%+10.95%Buy
12-0.96%-2.00%-7.80%+1.54%3.32x2.68x+16.64%+7.80%+13.84%+9.72%Buy
19-1.84%-2.00%-3.17%+30.69%31.31x8.97x-164.42%+13.79%+29.31%+13.42%Buy
16-4.22%-17.13%-20.81%+21.69%47.08x3.63x+20.74%+13.59%+19.93%+30.54%Buy
20-1.48%-2.57%-3.15%+18.23%19.14x5.75x+20.60%+5.47%+9.79%+11.01%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. 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 34.49% over the past year, overperforming other industrial stocks by 19 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 17.63% from Danaos's current stock price of $76.51.

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 5.72% over the past year, underperforming other industrial stocks by -10 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 21.27% from Kanzhun's current stock price of $19.79.

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 -24% over the past year, underperforming other industrial stocks by -40 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 17.65% from Resources Connection's current stock price of $11.05.

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 2.24%.

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 2.24%. Cnh Industrial Nv's dividend payout is not stable, having dropped more than 10% three 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 28.33%, which is 26 percentage points higher than the industrial sector average of 2.24%.

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 down?

Industrial stocks were down -1.71% in the last day, and down -1.53% over the last week. H&E Equipment Services was the among the top losers in the industrials sector, dropping -18.46% yesterday.

H&E Equipment shares are trading lower following mixed Q1 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 77 points higher than the industrial sector average of 23. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 126.81% in the past year. It has overperformed other stocks in the industrial sector by 111 percentage points.

2. Resources Connection (NASDAQ:RGP)


Resources Connection (NASDAQ:RGP) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. Resources Connection 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.

Resources Connection's stock has dropped -24% in the past year. It has underperformed other stocks in the industrial sector by -40 percentage points.

3. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. Encore Wire 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.

Encore Wire's stock has gained 72.43% in the past year. It has overperformed other stocks in the industrial sector by 57 percentage points.

Are industrial stocks a good buy now?

46.38% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 12.37% 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 44.07x.
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