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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
WLDN
WILLDAN GROUP INC
$442.15M$32.00$34.507.81%Strong Buy2-0.30%N/AN/AN/A
GWH
ESS TECH INC
$136.61M$0.78$1.93147.50%Buy3166.47%N/AN/AN/A
PRIM
PRIMORIS SERVICES CORP
$2.75B$51.27$53.674.68%Strong Buy3N/AN/A13.91%4.39%
PKOH
PARK OHIO HOLDINGS CORP
$345.33M$26.42N/AN/AN/AN/A6.15%N/AN/AN/A
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
$229.87M$8.74$11.7033.87%Strong Buy34.08%187.30%N/AN/A
PAC
PACIFIC AIRPORT GROUP
$9.64B$190.78$175.00-8.27%Strong Buy10.29%-34.40%N/AN/A
GBX
GREENBRIER COMPANIES INC
$1.67B$53.58$64.0019.45%Strong Buy2-0.47%N/AN/AN/A
TRI
THOMSON REUTERS CORP
$76.52B$169.78$172.881.82%Buy85.68%-34.08%N/AN/A
MNTX
MANITEX INTERNATIONAL INC
$134.00M$6.58N/AN/AN/AN/A5.01%N/AN/AN/A
VRRM
VERRA MOBILITY CORP
$4.56B$27.37$20.00-26.93%Hold16.41%101.00%N/AN/A
ASTC
ASTROTECH CORP
$15.43M$9.07N/AN/AN/AN/AN/AN/AN/AN/A
TRN
TRINITY INDUSTRIES INC
$2.52B$30.74$33.508.98%Strong Buy2-1.40%N/AN/AN/A
GNK
GENCO SHIPPING & TRADING LTD
$963.20M$22.53$26.6718.36%Strong Buy3-10.93%778.92%N/AN/A
GSL
GLOBAL SHIP LEASE INC
$874.78M$24.86$25.000.56%Strong Buy10.19%N/AN/AN/A
WBX
WALLBOX NV
$318.91M$1.52$4.00163.16%Strong Buy150.13%N/AN/AN/A
TTEK
TETRA TECH INC
$11.62B$217.27$230.255.97%Strong Buy4-13.77%2.41%N/AN/A
CRS
CARPENTER TECHNOLOGY CORP
$5.43B$109.55$128.0016.84%Strong Buy22.11%-12.43%N/AN/A
FCEL
FUELCELL ENERGY INC
$387.70M$0.86$1.75103.96%Hold240.85%N/AN/AN/A
EVI
EVI INDUSTRIES INC
$258.44M$20.38N/AN/AN/AN/AN/AN/AN/AN/A
AMSC
AMERICAN SUPERCONDUCTOR CORP
$445.37M$14.49$15.003.52%Strong Buy110.94%N/AN/AN/A
IVAC
INTEVAC INC
$107.13M$4.03N/AN/AN/AN/AN/AN/AN/AN/A
UPWK
UPWORK INC
$1.63B$12.27$18.3849.76%Strong Buy812.54%N/AN/AN/A
RELX
RELX PLC
$82.62B$43.91N/AN/AN/AN/AN/AN/AN/AN/A
SUGP
SU GROUP HOLDINGS LTD
$36.24M$3.02N/AN/AN/AN/AN/AN/AN/AN/A
GATX
GATX CORP
$4.83B$135.67$131.00-3.44%Buy212.51%N/AN/AN/A
TATT
TAT TECHNOLOGIES LTD
$136.89M$13.55N/AN/AN/AN/AN/AN/AN/AN/A
WCN
WASTE CONNECTIONS INC
$42.77B$165.76$178.157.48%Strong Buy137.34%38.31%N/AN/A
PFMT
PERFORMANT FINANCIAL CORP
$249.33M$3.24N/AN/AN/AN/AN/AN/AN/AN/A
BLDE
BLADE AIR MOBILITY INC
$289.27M$3.74N/AN/AN/AN/A4.39%N/AN/AN/A
CRGO
FREIGHTOS LTD
$103.45M$2.16N/AN/AN/AN/A22.57%N/AN/AN/A
NSC
NORFOLK SOUTHERN CORP
$52.27B$231.36$263.4413.86%Buy164.08%72.27%N/AN/A
FLUX
FLUX POWER HOLDINGS INC
$54.38M$3.26$9.50191.41%Strong Buy420.97%N/AN/AN/A
TWI
TITAN INTERNATIONAL INC
$647.09M$8.88N/AN/AN/AN/A16.63%N/AN/AN/A
PANL
PANGAEA LOGISTICS SOLUTIONS LTD
$368.63M$7.87N/AN/AN/AN/A-8.37%N/AN/AN/A
PRLB
PROTO LABS INC
$839.48M$33.16$34.002.53%Hold10.99%N/AN/AN/A
MEG
MONTROSE ENVIRONMENTAL GROUP INC
$1.62B$47.46$47.00-0.97%Strong Buy411.39%N/AN/AN/A
MDU
MDU RESOURCES GROUP INC
$5.15B$25.28N/AN/AN/AN/AN/AN/AN/AN/A
RBA
RB GLOBAL INC
$13.97B$76.04$91.0019.67%Buy21.55%N/AN/AN/A
EH
EHANG HOLDINGS LTD
$1.14B$17.88$27.5053.80%Strong Buy1174.97%N/AN/AN/A
ARQ
ARQ INC
$245.75M$7.25N/AN/AN/AN/A17.39%N/AN/AN/A
OFLX
OMEGA FLEX INC
$675.92M$66.96N/AN/AN/AN/AN/AN/AN/AN/A
BGSF
BGSF INC
$77.81M$7.11N/AN/AN/AN/AN/AN/AN/AN/A
URI
UNITED RENTALS INC
$47.44B$712.37$627.73-11.88%Buy114.37%7.58%N/AN/A
CRESY
CRESUD INC
$617.13M$10.40N/AN/AN/AN/AN/AN/AN/AN/A
RYI
RYERSON HOLDING CORP
$752.64M$21.92$28.0027.74%Hold1N/AN/AN/AN/A
SHPW
SHAPEWAYS HOLDINGS INC
$7.41M$1.12$3.00167.86%Buy1222.69%N/A82.87%57.20%
HEI
HEICO CORP
$29.32B$211.93$215.601.73%Buy510.64%0.00%N/AN/A
CLIR
CLEARSIGN TECHNOLOGIES CORP
$37.65M$0.82$6.00631.71%Buy1160.23%N/AN/AN/A
ENVX
ENOVIX CORP
$1.59B$9.34$19.00103.43%Strong Buy6181.75%N/AN/AN/A
TWIN
TWIN DISC INC
$209.25M$14.95N/AN/AN/AN/AN/AN/AN/AN/A
NPWR
NET POWER INC
$2.54B$11.88$13.009.43%Hold1337.95%N/AN/AN/A
JOBY
JOBY AVIATION INC
$3.64B$5.14$5.00-2.72%Hold1348.45%N/AN/AN/A
SKYX
SKYX PLATFORMS CORP
$108.04M$1.08$5.00362.96%Buy121.02%N/AN/AN/A
SPLP
STEEL PARTNERS HOLDINGS LP
$790.24M$38.75N/AN/AN/AN/AN/AN/AN/AN/A
BAH
BOOZ ALLEN HAMILTON HOLDING CORP
$19.59B$150.95$153.401.62%Buy56.59%46.16%N/AN/A
CMCO
COLUMBUS MCKINNON CORP
$1.30B$45.30$50.0010.38%Strong Buy14.64%N/AN/AN/A
KRNT
KORNIT DIGITAL LTD
$747.50M$15.70$27.0071.97%Buy14.83%N/AN/AN/A
BE
BLOOM ENERGY CORP
$2.92B$12.86$15.6021.31%Buy1517.68%N/AN/AN/A
XPO
XPO INC
$13.27B$114.06$132.1415.85%Strong Buy145.90%110.60%N/AN/A
IVDA
IVEDA SOLUTIONS INC
$12.98M$0.80N/AN/AN/AN/AN/AN/AN/AN/A
HNI
HNI CORP
$2.23B$47.24$54.0014.31%Strong Buy14.26%N/AN/AN/A
HLIO
HELIOS TECHNOLOGIES INC
$1.71B$51.60N/AN/AN/AN/A5.62%74.83%N/AN/A
OTIS
OTIS WORLDWIDE CORP
$39.33B$97.27$99.332.12%Buy63.82%N/AN/AN/A
HAYW
HAYWARD HOLDINGS INC
$3.23B$15.01$14.50-3.40%Hold35.78%107.36%N/AN/A
AIR
AAR CORP
$2.55B$71.95$82.5014.66%Strong Buy48.95%64.59%N/AN/A
GTES
GATES INDUSTRIAL CORP PLC
$4.44B$17.00$19.6315.44%Buy82.66%N/AN/AN/A
SPIR
SPIRE GLOBAL INC
$292.85M$11.34$23.00102.82%Strong Buy231.25%N/AN/AN/A
BBCP
CONCRETE PUMPING HOLDINGS INC
$370.64M$6.88N/AN/AN/AN/A3.56%N/AN/AN/A
SKYW
SKYWEST INC
$3.10B$77.04$67.67-12.17%Buy39.40%11.09%N/AN/A
HWM
HOWMET AEROSPACE INC
$33.78B$82.75$78.27-5.41%Strong Buy118.74%-1.46%N/AN/A
POWW
AMMO INC
$296.65M$2.50N/AN/AN/AN/A6.93%N/AN/AN/A
SLDP
SOLID POWER INC
$323.99M$1.83$3.67100.38%Buy39.43%N/AN/AN/A
AQMS
AQUA METALS INC
$45.40M$0.40$3.00648.13%Buy21,334.38%N/AN/AN/A
CYRX
CRYOPORT INC
$692.07M$14.05$18.4030.96%Buy59.31%N/AN/AN/A
WLGS
WANG & LEE GROUP INC
$8.39M$0.56N/AN/AN/AN/AN/AN/AN/AN/A
SGLY
SINGULARITY FUTURE TECHNOLOGY LTD
$16.10M$4.60N/AN/AN/AN/AN/AN/AN/AN/A
BLNK
BLINK CHARGING CO
$334.27M$3.31$9.25179.46%Buy420.86%N/AN/AN/A
MMM
3M CO
$56.02B$101.24$103.332.07%Buy9-12.67%N/A93.84%8.27%
CAE
CAE INC
$6.72B$21.10$30.5044.55%Strong Buy25.64%35.16%N/AN/A
CODA
CODA OCTOPUS GROUP INC
$74.75M$6.69N/AN/AN/AN/AN/AN/AN/AN/A
PNR
PENTAIR PLC
$14.13B$85.08$92.628.86%Strong Buy134.01%7.82%N/AN/A
PESI
PERMA FIX ENVIRONMENTAL SERVICES INC
$177.46M$12.92N/AN/AN/AN/A1.15%N/AN/AN/A
CBZ
CBIZ INC
$3.88B$77.50$63.00-18.71%Hold15.48%N/AN/AN/A
ROAD
CONSTRUCTION PARTNERS INC
$3.02B$57.24$55.33-3.33%Strong Buy34.60%-6.51%N/AN/A
ACAB
ATLANTIC COASTAL ACQUISITION CORP II
$89.43M$10.95N/AN/AN/AN/AN/AN/AN/AN/A
GLBS
GLOBUS MARITIME LTD
$42.81M$2.08N/AN/AN/AN/AN/AN/AN/AN/A
ADT
ADT INC
$6.56B$7.21$7.656.10%Hold2-1.92%-43.05%N/AN/A
IPWR
IDEAL POWER INC
$54.56M$7.10$14.0097.18%Strong Buy1N/AN/AN/AN/A
HI
HILLENBRAND INC
$3.18B$45.36$61.0034.48%Strong Buy17.42%N/AN/AN/A
FERG
FERGUSON PLC
$44.77B$220.73$224.291.61%Strong Buy74.07%935.42%N/AN/A
VSEC
VSE CORP
$1.22B$76.56$92.6721.04%Strong Buy313.66%N/AN/AN/A
LTBR
LIGHTBRIDGE CORP
$34.07M$2.36N/AN/AN/AN/AN/AN/AN/AN/A
LEV
LION ELECTRIC CO
$223.71M$1.00$1.3837.50%Buy417.37%N/A30.34%12.49%
SVII
SPRING VALLEY ACQUISITION CORP II
$246.46M$11.05N/AN/AN/AN/AN/AN/AN/AN/A
AMPX
AMPRIUS TECHNOLOGIES INC
$124.70M$1.32$10.00657.58%Strong Buy5169.76%N/AN/AN/A
CDLR
CADELER A
$1.60B$20.60$35.0069.90%Strong Buy194.91%N/AN/AN/A
ELVA
ELECTROVAYA INC
$105.47M$3.09$11.00255.99%Strong Buy350.87%N/AN/AN/A
SYM
SYMBOTIC INC
$4.77B$46.68$55.2218.30%Strong Buy917.09%N/AN/AN/A
RCL
ROYAL CARIBBEAN CRUISES LTD
$36.19B$140.64$152.538.46%Strong Buy159.59%N/AN/AN/A
TNET
TRINET GROUP INC
$5.20B$102.79$133.6730.04%Strong Buy3-47.95%-17.41%N/AN/A

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
71+0.24%-0.46%+5.63%+12.75%22.54x5.58x+12.32%+4.25%+8.48%+8.27%Strong Buy
20-0.48%+2.26%+5.58%+6.54%15.82x2.99x+22.14%+4.59%+12.08%+21.12%Buy
9+0.00%+2.03%+12.75%+8.14%16.49x4.88x-16.58%+5.44%+8.60%-11.58%Strong Buy
5+0.35%+3.28%+11.30%+43.55%20.26x1.60x+8.35%+4.26%+8.10%+18.76%Strong Buy
21+1.22%+0.15%+8.87%-7.67%16.15x5.18x-9.76%+2.14%+8.88%+11.98%Strong Buy
16+0.89%+2.07%+7.21%+25.19%31.55x8.09x+85.64%+8.36%+16.64%+10.39%Buy
54+1.62%+2.16%+5.37%+33.78%43.40x4.59x+14.95%+5.51%+5.16%+8.50%Buy
41+1.77%+1.89%+10.29%+63.10%-65.04x4.42x+11.83%+5.23%+13.27%+4.77%Strong Buy
26+0.27%+3.15%+0.63%+23.28%13.39x4.88x+46.30%+11.24%+16.42%+6.56%Buy
17+1.03%+2.50%+3.71%+34.44%571.15x6.84x+34.55%+15.70%+28.56%+5.18%Strong Buy
3+1.24%+2.94%+11.14%+11.50%53.46x1.01x+17.46%+4.16%+11.97%-26.93%Hold
22-0.12%+0.59%-0.08%-8.62%20.67x4.05x+24.31%+7.80%+14.95%+12.32%Buy
40+0.16%+2.67%+12.63%+52.16%23.07x1.10x+5.76%+3.69%+6.01%+10.90%Strong Buy
20+1.17%+1.46%+8.93%+35.79%22.77x3.35x+18.08%+9.04%+14.95%+8.58%Buy
17+1.06%+2.22%+4.97%+27.40%12.87x7.75x+19.67%+2.57%+4.92%+13.69%Buy
11+0.51%+0.43%+2.35%+23.55%24.90x4.63x+27.08%+7.76%+10.47%+8.61%Buy
23+1.07%+3.43%+5.31%+44.95%16.64x2.39x+14.48%+6.14%+7.69%+0.81%Buy
23+0.92%+1.01%+2.07%+24.00%21.42x3.07x+25.07%+8.33%+15.24%+10.34%Buy
201-0.32%-0.33%-0.54%+3.98%18.86x-14.33x-22.51%+0.45%+4.61%N/A
39+0.65%+1.63%+3.56%+26.21%34.51x4.94x+27.14%+11.80%+19.76%+8.69%Buy
77+0.79%+1.39%+3.30%+31.62%24.44x5.25x+21.90%+8.66%+16.19%+8.99%Buy
25+0.67%+1.25%+0.24%+4.95%27.85x9.46x+65.13%+8.35%+44.84%+9.15%Buy
12+0.25%+2.31%+1.88%+9.41%-33.23x2.82x+17.16%+8.02%+14.15%+4.48%Buy
18+0.58%+3.15%+7.62%+43.60%25.10x12.74x-58.04%+14.36%+33.24%+8.56%Buy
16+0.57%+0.80%-16.30%+30.81%29.22x3.76x+19.95%+12.89%+19.09%+23.80%Buy
20-0.06%+0.57%+2.48%+19.75%37.34x5.80x+20.26%+5.45%+9.73%+8.64%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 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 43.02% over the past year, overperforming other industrial stocks by 21 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 6.66% from Danaos's current stock price of $84.38.

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 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 16.91% 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 10.91% from Kanzhun's current stock price of $21.64.

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 43 points higher than the industrial sector average of 25. It passed 23 out of 38 due diligence checks and has strong fundamentals. Resources Connection has seen its stock lose -25.02% over the past year, underperforming other industrial stocks by -48 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 13.84% from Resources Connection's current stock price of $11.42.

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 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 2.07%.

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. Spirit Airlines (NYSE:SAVE)


Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 24.63%, which is 23 percentage points higher than the industrial sector average of 2.07%.

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

3. Diana Shipping (NYSE:DSX)


Diana Shipping (NYSE:DSX) has an annual dividend yield of 16.88%, which is 15 percentage points higher than the industrial sector average of 2.07%. Diana Shipping's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Diana Shipping's dividend has not shown consistent growth over the last 10 years.

Diana Shipping's dividend payout ratio of 119.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are industrial stocks up?

Industrial stocks were up 0.71% in the last day, and up 1.44% over the last week. Vertiv Holdings Co was the among the top gainers in the industrials sector, gaining 5.95% yesterday.

Vertiv Holdings shares are trading higher after B of A Securities raised its price target on the stock from $100 to $115.

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 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 136.43% in the past year. It has overperformed other stocks in the industrial sector by 114 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 69.96% in the past year. It has overperformed other stocks in the industrial sector by 47 percentage points.

3. Spar Group (NASDAQ:SGRP)


Spar Group (NASDAQ:SGRP) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. Spar Group 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.

Spar Group's stock has gained 73.53% in the past year. It has overperformed other stocks in the industrial sector by 51 percentage points.

Are industrial stocks a good buy now?

47.12% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 8.18% 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 40.21x.
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.