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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)
FCN
FTI CONSULTING INC
United States
$7.63B35,697,61496.06%3.94%Net SellingNet Selling
CW
CURTISS WRIGHT CORP
United States
$9.68B38,213,39182.38%2.07%Net BuyingNet Buying
BWLP
BW LPG LTD
Singapore
N/A131,759,8200.00%0.00%
PH
PARKER HANNIFIN CORP
United States
$69.97B128,410,85482.34%2.83%Net SellingNet Selling
GIC
GLOBAL INDUSTRIAL CO
United States
$1.47B38,180,8038.28%91.72%Net SellingNet Selling
FLS
FLOWSERVE CORP
United States
$6.21B131,654,38692.79%1.46%Net SellingNet Selling
FSS
FEDERAL SIGNAL CORP
United States
$4.97B61,101,06391.90%8.10%Net SellingNet Selling
VMI
VALMONT INDUSTRIES INC
United States
$4.14B20,216,38553.94%46.06%Net SellingNet Selling
KAI
KADANT INC
United States
$3.21B11,718,80896.60%3.40%Net SellingNet Selling
CXT
CRANE NXT CO
United States
$3.46B56,937,95677.44%4.51%Net SellingNet Selling
CSWI
CSW INDUSTRIALS INC
United States
$3.69B15,532,47282.72%2.41%Net SellingNet Selling
LSTR
LANDSTAR SYSTEM INC
United States
$6.23B35,716,67397.71%2.29%Net SellingNet Selling
XYL
XYLEM INC
United States
$31.60B241,770,41387.97%0.92%Net BuyingNet Buying
ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC
United States
$113.14M17,459,98322.44%59.66%Net Selling
CNI
CANADIAN NATIONAL RAILWAY CO
Canada
$77.43B637,600,00070.94%0.00%
FELE
FRANKLIN ELECTRIC CO INC
United States
$4.44B46,080,28479.79%4.50%Net BuyingNet Buying
ENR
ENERGIZER HOLDINGS INC
United States
$2.06B71,782,33584.96%2.24%Net SellingNet Buying
CVU
CPI AEROSTRUCTURES INC
United States
$33.94M12,854,4285.58%94.42%Net Buying
GWW
WW GRAINGER INC
United States
$45.21B49,068,80571.60%25.61%Net SellingNet Selling
WTS
WATTS WATER TECHNOLOGIES INC
United States
$6.61B33,305,11277.08%4.90%Net SellingNet Selling
CPLP
CAPITAL PRODUCT PARTNERS LP
Greece
$920.25M55,039,1435.13%0.00%
NDSN
NORDSON CORP
United States
$14.77B57,192,24571.70%27.70%Net BuyingNet Buying
CLWT
EURO TECH HOLDINGS CO LTD
Hong Kong
$12.11M7,716,2992.86%0.00%
FAST
FASTENAL CO
United States
$38.90B572,547,44981.23%5.75%Net BuyingNet Buying
OSK
OSHKOSH CORP
United States
$7.34B65,401,11890.45%4.56%Net BuyingNet Selling
SEB
SEABOARD CORP
United States
$3.21B971,0557.44%92.56%
UUU
UNIVERSAL SECURITY INSTRUMENTS INC
United States
$3.52M2,312,88713.23%66.82%
ETN
EATON CORP PLC
Ireland
$127.24B399,800,00082.85%0.69%Net SellingNet Selling
LECO
LINCOLN ELECTRIC HOLDINGS INC
United States
$12.49B56,908,33379.37%2.54%Net SellingNet Selling
IEX
IDEX CORP
United States
$16.69B75,695,35297.46%2.54%Net BuyingNet Buying
EME
EMCOR GROUP INC
United States
$16.79B46,996,24192.93%4.36%Net SellingNet Selling
JBHT
HUNT J B TRANSPORT SERVICES INC
United States
$16.78B103,196,57351.03%48.97%Net SellingNet Selling
WAB
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
United States
$28.41B176,384,94286.14%13.86%Net SellingNet Selling
SNA
SNAP-ON INC
United States
$14.13B52,718,54984.81%2.61%Net BuyingNet Selling
AIT
APPLIED INDUSTRIAL TECHNOLOGIES INC
United States
$7.07B38,602,61794.02%5.54%Net SellingNet Selling
ASR
SOUTHEAST AIRPORT GROUP
Mexico
$10.34B300,000,0001.02%0.00%
PLPC
PREFORMED LINE PRODUCTS CO
United States
$593.52M4,903,93925.38%74.62%Net SellingNet Selling
BWEN
BROADWIND INC
United States
$45.72M21,566,3647.84%92.16%Net SellingNet Selling
ECO
OKEANIS ECO TANKERS CORP
Greece
$1.01B32,194,1084.80%0.00%
ASC
ARDMORE SHIPPING CORP
Bermuda
$691.85M41,304,64961.17%0.00%
CMI
CUMMINS INC
United States
$40.07B141,856,84783.49%1.64%Net SellingNet Selling
NSSC
NAPCO SECURITY TECHNOLOGIES INC
United States
$1.50B36,781,98980.20%10.16%Net SellingNet Selling
AEIS
ADVANCED ENERGY INDUSTRIES INC
United States
$3.58B37,324,80064.19%35.81%Net SellingNet Buying
LUV
SOUTHWEST AIRLINES CO
United States
$15.52B598,456,45979.50%19.11%Net SellingNet Selling
PWR
QUANTA SERVICES INC
United States
$37.68B145,748,97688.48%11.52%Net SellingNet Selling
OPXS
OPTEX SYSTEMS HOLDINGS INC
United States
$48.38M6,823,6937.25%50.55%Net SellingNet Selling
ITW
ILLINOIS TOOL WORKS INC
United States
$72.94B298,800,00070.12%29.88%Net SellingNet Selling
HUBB
HUBBELL INC
United States
$19.87B53,626,95687.38%12.62%Net SellingNet Selling
KNX
KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC
United States
$7.47B161,494,46558.87%41.13%Net SellingNet Selling
NPK
NATIONAL PRESTO INDUSTRIES INC
United States
$583.56M7,117,46558.11%24.88%Net SellingNet Selling
SNDR
SCHNEIDER NATIONAL INC
United States
$3.64B175,985,48428.52%23.32%Net SellingNet Selling
GXO
GXO LOGISTICS INC
United States
$5.92B119,262,27090.69%7.35%Net SellingNet Selling
ARMK
ARAMARK
United States
$8.27B262,453,79184.33%15.67%Net BuyingNet Buying
STN
STANTEC INC
Canada
$9.08B114,066,99558.58%0.00%
TFII
TFI INTERNATIONAL INC
Canada
$11.02B84,555,21067.14%0.00%
ENS
ENERSYS
United States
$3.66B40,415,97550.03%49.97%Net SellingNet Buying
TITN
TITAN MACHINERY INC
United States
$508.61M22,848,79276.75%23.25%Net SellingNet Selling
MYRG
MYR GROUP INC
United States
$2.78B16,739,34170.48%29.52%Net SellingNet Selling
ZWS
ZURN ELKAY WATER SOLUTIONS CORP
United States
$5.40B172,696,84580.94%19.06%Net SellingNet Selling
ATSG
AIR TRANSPORT SERVICES GROUP INC
United States
$842.04M65,681,90955.32%44.68%Net SellingNet Buying
BBU
BROOKFIELD BUSINESS PARTNERS LP
Bermuda
$1.40B74,281,76382.01%0.00%
AYI
ACUITY BRANDS INC
United States
$7.65B30,797,87296.62%3.38%Net SellingNet Selling
RYAAY
RYANAIR HOLDINGS PLC
Ireland
$31.02B1,138,674,5288.91%0.00%
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
United States
$7.02B189,970,63952.48%47.52%Net SellingNet Selling
MSA
MSA SAFETY INC
United States
$7.10B39,382,24280.79%16.56%Net SellingNet Selling
RSG
REPUBLIC SERVICES INC
United States
$60.31B314,610,57957.67%35.90%Net SellingNet Selling
NAT
NORDIC AMERICAN TANKERS LTD
Bermuda
$814.31M208,796,44444.27%0.00%
KEX
KIRBY CORP
United States
$6.39B58,522,00095.25%4.75%Net SellingNet Selling
WWD
WOODWARD INC
United States
$9.79B60,298,45681.03%6.94%Net BuyingNet Buying
ARC
ARC DOCUMENT SOLUTIONS INC
United States
$112.90M42,765,8759.77%90.23%Net Selling
CPA
COPA HOLDINGS SA
Panama
$4.01B42,039,81465.67%0.00%
MAN
MANPOWERGROUP INC
United States
$3.64B48,240,53897.01%2.16%Net SellingNet Selling
CVEO
CIVEO CORP
United States
$339.56M14,623,71724.84%75.16%Net SellingNet Selling
WSO
WATSCO INC
United States
$19.82B44,268,53180.04%14.36%Net SellingNet Buying
SAIA
SAIA INC
United States
$10.55B26,588,16293.71%6.29%Net SellingNet Selling
CSX
CSX CORP
United States
$64.94B1,954,927,16273.78%2.87%Net SellingNet Selling
AXON
AXON ENTERPRISE INC
United States
$23.62B75,302,83278.53%9.30%Net SellingNet Selling
CAAP
CORPORACION AMERICA AIRPORTS SA
Luxembourg
$2.76B163,222,70712.98%0.00%
SPLP
STEEL PARTNERS HOLDINGS LP
United States
$735.74M20,719,1012.03%97.97%Net SellingNet Selling
ALG
ALAMO GROUP INC
United States
$2.34B12,015,28191.58%8.42%Net SellingNet Selling
KE
KIMBALL ELECTRONICS INC
United States
$520.51M24,869,20675.85%6.39%Net Selling
LZ
LEGALZOOMCOM INC
United States
$2.25B187,933,29554.98%45.02%Net SellingNet Selling
MRTN
MARTEN TRANSPORT LTD
United States
$1.38B81,322,16869.09%24.92%Net SellingNet Selling
MMYT
MAKEMYTRIP LTD
India
$7.35B111,048,49045.79%0.00%
DE
DEERE & CO
United States
$108.95B278,358,21068.48%11.63%Net Selling
TWI
TITAN INTERNATIONAL INC
United States
$668.31M60,645,37855.59%44.41%Net SellingNet Selling
SCX
STARRETT L S CO
United States
$120.91M7,504,99743.37%27.24%Net Buying
ESLT
ELBIT SYSTEMS LTD
Israel
$9.02B44,453,85017.78%0.00%
WLDN
WILLDAN GROUP INC
United States
$388.18M13,770,10651.46%48.54%Net SellingNet Selling
NVEE
NV5 GLOBAL INC
United States
$1.48B15,916,94375.49%23.27%Net SellingNet Selling
MOG.A
MOOG INC
United States
$5.09B31,969,06688.40%3.78%Net SellingNet Buying
J
JACOBS SOLUTIONS INC
United States
$18.03B125,650,97785.50%4.76%Net SellingNet Selling
NSP
INSPERITY INC
United States
$3.84B37,289,42764.72%35.28%Net SellingNet Selling
SITE
SITEONE LANDSCAPE SUPPLY INC
United States
$7.08B45,139,89688.36%11.64%Net BuyingNet Selling
GNRC
GENERAC HOLDINGS INC
United States
$8.19B60,269,31056.89%43.11%Net SellingNet Selling
KFY
KORN FERRY
United States
$3.17B52,180,23989.18%10.82%Net SellingNet Selling
WM
WASTE MANAGEMENT INC
United States
$83.43B401,083,09880.45%1.05%Net BuyingNet Buying
FWRD
FORWARD AIR CORP
United States
$580.68M26,370,37093.18%6.82%Net Buying
GTLS
CHART INDUSTRIES INC
United States
$6.09B42,277,87078.30%21.70%Net SellingNet Selling
CRAI
CRA INTERNATIONAL INC
United States
$1.01B6,964,57284.03%14.96%Net SellingNet Selling

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.
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.