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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
WLDN
WILLDAN GROUP INC
$438.55MN/A0.00%N/AN/AN/AN/A
MNTX
MANITEX INTERNATIONAL INC
$137.05MN/A0.00%N/AN/AN/AN/A
TRI
THOMSON REUTERS CORP
$77.08B3.94%127.60%$0.5400$6.7369%12024-06-10
TRN
TRINITY INDUSTRIES INC
$2.54B3.47%69.70%$0.2800$1.0863%0
ASTC
ASTROTECH CORP
$16.18MN/A0.00%N/AN/AN/AN/A
PRIM
PRIMORIS SERVICES CORP
$2.71B0.48%8.90%$0.0600$0.247%02024-06-282024-07-15
ALK
ALASKA AIR GROUP INC
$5.49BN/A0.00%$0.3750N/AN/A0
PKOH
PARK OHIO HOLDINGS CORP
$355.52M1.84%54.90%$0.1250$0.5038%02024-05-17
GWH
ESS TECH INC
$129.44MN/A0.00%N/AN/AN/AN/A
CAR
AVIS BUDGET GROUP INC
$4.34B8.21%30.90%$10.0000$10.0092%0
PANL
PANGAEA LOGISTICS SOLUTIONS LTD
$367.69M5.10%51.90%$0.1000$0.4081%12024-05-302024-06-13
GNK
GENCO SHIPPING & TRADING LTD
$984.57M3.08%1,075.00%$0.4100$0.7157%52024-05-212024-05-30
WBX
WALLBOX NV
$316.81MN/A0.00%N/AN/AN/AN/A
CRS
CARPENTER TECHNOLOGY CORP
$5.46B0.73%30.10%$0.2000$0.8013%02024-06-06
FCEL
FUELCELL ENERGY INC
$375.05MN/A0.00%N/AN/AN/AN/A
GSL
GLOBAL SHIP LEASE INC
$927.21M5.69%N/A$0.3750$1.5084%12024-05-232024-06-03
TTEK
TETRA TECH INC
$11.69B0.48%20.90%$0.2600$1.047%02024-05-172024-05-31
SUGP
SU GROUP HOLDINGS LTD
$32.04MN/A0.00%N/AN/AN/AN/A
UPWK
UPWORK INC
$1.60BN/A0.00%N/AN/AN/AN/A
NSC
NORFOLK SOUTHERN CORP
$52.54B2.32%86.70%$1.3500$5.4047%02024-05-20
PRLB
PROTO LABS INC
$822.27MN/A0.00%N/AN/AN/AN/A
EVI
EVI INDUSTRIES INC
$256.79M1.38%73.70%$0.2800$0.2828%0
CRGO
FREIGHTOS LTD
$106.33MN/A0.00%N/AN/AN/AN/A
GATX
GATX CORP
$4.85B1.64%31.70%$0.5800$2.2334%02024-06-142024-06-30
BLDE
BLADE AIR MOBILITY INC
$277.67MN/A0.00%N/AN/AN/AN/A
WCN
WASTE CONNECTIONS INC
$43.00B0.67%35.10%$0.2850$1.1111%12024-05-23
AMSC
AMERICAN SUPERCONDUCTOR CORP
$436.76MN/A0.00%N/AN/AN/AN/A
OFLX
OMEGA FLEX INC
$677.73M1.97%69.10%$0.3300$1.3241%2
FLUX
FLUX POWER HOLDINGS INC
$55.55MN/A0.00%N/AN/AN/AN/A
RELX
RELX PLC
$82.64B1.70%57.60%$0.5263$0.7536%92024-06-18
TATT
TAT TECHNOLOGIES LTD
$130.63MN/A0.00%$0.3398N/AN/A0
TWI
TITAN INTERNATIONAL INC
$650.74MN/A0.00%$0.0050N/AN/A1
MEG
MONTROSE ENVIRONMENTAL GROUP INC
$1.62BN/A0.00%N/AN/AN/AN/A
MDU
MDU RESOURCES GROUP INC
$5.12BN/A20.10%$0.2225N/AN/A0
EH
EHANG HOLDINGS LTD
$1.21BN/A0.00%N/AN/AN/AN/A
RBA
RB GLOBAL INC
$13.79B1.44%63.50%$0.2700$1.0829%12024-05-292024-06-20
ARQ
ARQ INC
$255.25MN/A0.00%$0.2500N/AN/A0
PFMT
PERFORMANT FINANCIAL CORP
$242.40MN/A0.00%N/AN/AN/AN/A
IVAC
INTEVAC INC
$106.34MN/A0.00%N/AN/AN/AN/A
CLIR
CLEARSIGN TECHNOLOGIES CORP
$37.65MN/A0.00%N/AN/AN/AN/A
CRESY
CRESUD INC
$605.85M6.59%23.20%$0.3413$0.6788%1
SHPW
SHAPEWAYS HOLDINGS INC
$7.61MN/A0.00%N/AN/AN/AN/A
SPLP
STEEL PARTNERS HOLDINGS LP
$790.24MN/A0.00%$0.3750N/AN/A0
RYI
RYERSON HOLDING CORP
$822.00M3.07%27.80%$0.1875$0.7457%02024-06-062024-06-20
CMCO
COLUMBUS MCKINNON CORP
$1.28B0.63%16.60%$0.0700$0.2811%0
NPWR
NET POWER INC
$2.46BN/A0.00%N/AN/AN/AN/A
JOBY
JOBY AVIATION INC
$3.56BN/A0.00%N/AN/AN/AN/A
GLBS
GLOBUS MARITIME LTD
$43.63MN/A0.00%N/AN/AN/AN/A
MTEN
MINGTENG INTERNATIONAL CORP INC
$42.52MN/A0.00%N/AN/AN/AN/A
SKYX
SKYX PLATFORMS CORP
$101.03MN/A0.00%N/AN/AN/AN/A
ENVX
ENOVIX CORP
$1.56BN/A0.00%N/AN/AN/AN/A
BAH
BOOZ ALLEN HAMILTON HOLDING CORP
$19.79B1.26%60.50%$0.5100$1.9225%1
TWIN
TWIN DISC INC
$201.27M0.56%8.90%$0.0400$0.089%12024-05-172024-06-03
HEI
HEICO CORP
$29.68B0.09%6.50%$0.1000$0.201%1
PTSI
PAM TRANSPORTATION SERVICES INC
$389.35MN/A0.00%N/AN/AN/AN/A
KRNT
KORNIT DIGITAL LTD
$730.36MN/A0.00%N/AN/AN/AN/A
URI
UNITED RENTALS INC
$45.36B0.91%16.40%$1.6300$6.2217%02024-05-22
BGSF
BGSF INC
$75.62M6.51%120.00%$0.1500$0.4587%1
OTIS
OTIS WORLDWIDE CORP
$39.04B0.35%19.50%$0.3400$0.345%0
HNI
HNI CORP
$2.19B2.77%91.40%$0.3200$1.2853%02024-05-232024-06-12
HLIO
HELIOS TECHNOLOGIES INC
$1.76B0.68%36.40%$0.0900$0.3612%3
EVLV
EVOLV TECHNOLOGIES HOLDINGS INC
$427.68MN/A0.00%N/AN/AN/AN/A
HAYW
HAYWARD HOLDINGS INC
$3.15BN/A0.00%N/AN/AN/AN/A
BBCP
CONCRETE PUMPING HOLDINGS INC
$374.41MN/A0.00%N/AN/AN/AN/A
GTES
GATES INDUSTRIAL CORP PLC
$4.55BN/A0.00%N/AN/AN/AN/A
AIR
AAR CORP
$2.55BN/A0.00%$0.0750N/AN/A0
POWW
AMMO INC
$294.28MN/A0.00%N/AN/AN/AN/A
SKYW
SKYWEST INC
$3.09BN/A0.00%$0.1400N/AN/A0
BE
BLOOM ENERGY CORP
$2.78BN/A0.00%N/AN/AN/AN/A
HWM
HOWMET AEROSPACE INC
$33.69B0.05%3.80%$0.0400$0.040%2
SLDP
SOLID POWER INC
$315.14MN/A0.00%N/AN/AN/AN/A
SPIR
SPIRE GLOBAL INC
$255.92MN/A0.00%N/AN/AN/AN/A
XPO
XPO INC
$13.03BN/A0.00%N/AN/AN/AN/A
IVDA
IVEDA SOLUTIONS INC
$13.47MN/A0.00%N/AN/AN/AN/A
AQMS
AQUA METALS INC
$49.48MN/A0.00%N/AN/AN/AN/A
ADT
ADT INC
$6.55B2.23%21.60%$0.0550$0.1645%12024-06-132024-07-09
CODA
CODA OCTOPUS GROUP INC
$73.63MN/A0.00%N/AN/AN/AN/A
CAE
CAE INC
$6.65BN/A0.00%$0.1100N/AN/A0
BLNK
BLINK CHARGING CO
$336.29MN/A0.00%N/AN/AN/AN/A
SVII
SPRING VALLEY ACQUISITION CORP II
$246.49MN/A0.00%N/AN/AN/AN/A
CBZ
CBIZ INC
$3.88BN/A0.00%N/AN/AN/AN/A
ACAB
ATLANTIC COASTAL ACQUISITION CORP II
$87.96MN/A0.00%N/AN/AN/AN/A
PESI
PERMA FIX ENVIRONMENTAL SERVICES INC
$170.32MN/A0.00%N/AN/AN/AN/A
VSEC
VSE CORP
$1.21B0.53%24.40%$0.1000$0.408%1
WLGS
WANG & LEE GROUP INC
$8.24MN/A0.00%N/AN/AN/AN/A
IPWR
IDEAL POWER INC
$57.40MN/A0.00%N/AN/AN/AN/A
FERG
FERGUSON PLC
$42.95BN/A1,744.20%$1.9100N/AN/A2
HI
HILLENBRAND INC
$3.14B1.98%73.10%$0.2225$0.8941%02024-06-142024-06-28
LEV
LION ELECTRIC CO
$230.42MN/A0.00%N/AN/AN/AN/A
PNR
PENTAIR PLC
$13.88B1.08%23.70%$0.2300$0.9021%12024-07-192024-08-02
ROAD
CONSTRUCTION PARTNERS INC
$2.89BN/A0.00%N/AN/AN/AN/A
SGLY
SINGULARITY FUTURE TECHNOLOGY LTD
$16.05MN/A0.00%N/AN/AN/AN/A
CYRX
CRYOPORT INC
$672.86MN/A0.00%N/AN/AN/AN/A
MMM
3M CO
$58.03B5.73%-47.30%$1.5100$6.0184%02024-05-232024-06-12
AMPX
AMPRIUS TECHNOLOGIES INC
$122.81MN/A0.00%N/AN/AN/AN/A
CDLR
CADELER A
$1.54BN/A0.00%N/AN/AN/AN/A
TNET
TRINET GROUP INC
$5.22B0.24%4.00%$0.2500$0.253%0
ATI
ATI INC
$7.54BN/A0.00%$0.0800N/AN/A1
LNZA
LANZATECH GLOBAL INC
$502.22MN/A0.00%N/AN/AN/AN/A
RCL
ROYAL CARIBBEAN CRUISES LTD
$36.76BN/A0.00%$0.7800N/AN/A0

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+0.09%-0.93%+5.13%+16.84%21.89x5.60x+12.29%+4.23%+8.46%+8.18%Strong Buy
20-0.72%+1.05%+5.52%+6.61%15.82x2.98x+22.06%+4.53%+11.72%+21.99%Buy
9+1.62%+1.54%+16.39%+9.74%16.80x4.93x-16.92%+5.61%+8.72%-13.01%Strong Buy
5-0.74%+1.25%+11.14%+46.84%19.81x1.59x+8.35%+4.27%+8.11%+20.58%Strong Buy
21-1.00%+0.59%+8.46%-8.84%16.14x5.24x-10.68%+2.26%+8.70%+11.96%Strong Buy
16+0.21%+1.40%+7.95%+25.83%32.21x8.11x+86.59%+8.42%+16.75%+10.24%Buy
53-2.05%-1.60%+4.00%+34.78%40.19x4.41x+14.79%+5.48%+4.77%+10.66%Buy
41-2.74%-1.93%+7.91%+60.76%-65.43x4.32x+11.67%+5.18%+13.19%+7.45%Strong Buy
26-3.02%-1.94%-1.74%+22.13%12.98x4.72x+46.31%+11.25%+16.53%+10.24%Buy
17-2.13%-0.58%+2.11%+32.96%538.34x6.70x+34.63%+15.78%+28.67%+7.51%Strong Buy
3-0.88%+1.73%+13.52%+13.48%54.12x1.03x+17.45%+4.16%+11.97%-27.82%Hold
22+0.45%+0.32%+1.21%-6.94%20.91x4.11x+24.25%+7.79%+14.99%+11.76%Buy
40+1.42%+2.21%+14.61%+54.67%23.08x1.11x+4.85%+3.37%+5.49%+10.46%Strong Buy
20-0.64%+0.04%+8.20%+36.70%22.53x3.32x+18.06%+9.03%+14.96%+9.03%Buy
17-0.75%+0.84%+4.00%+27.51%12.71x7.69x+19.60%+2.58%+4.92%+14.57%Buy
11-0.02%+0.28%+3.28%+24.62%24.96x4.64x+27.04%+7.76%+10.44%+8.65%Buy
23-2.25%-0.32%+4.01%+44.52%16.24x2.33x+14.05%+6.09%+7.57%+3.44%Buy
23-1.02%-1.06%+1.38%+23.70%21.24x3.05x+24.96%+8.28%+15.18%+11.59%Buy
199+0.23%+0.29%+0.20%+4.98%18.84x-15.04x-22.60%+0.45%+4.63%N/A
39-0.23%+0.42%+3.48%+26.88%34.48x4.93x+27.17%+11.80%+19.76%+8.73%Buy
76-1.42%-0.82%+1.53%+31.98%25.63x5.18x+23.05%+9.10%+17.02%+11.08%Buy
25+0.53%+1.64%+1.11%+6.96%28.17x9.56x+65.34%+8.35%+44.89%+8.52%Buy
12-1.42%-0.49%+0.96%+9.28%-32.75x2.77x+17.23%+8.05%+14.20%+6.11%Buy
18-1.16%-0.63%+6.91%+42.02%24.99x12.75x-56.42%+14.32%+32.97%+9.85%Buy
16-0.55%-0.30%-15.41%+32.40%28.88x3.74x+19.89%+12.86%+19.04%+24.48%Buy
20+0.32%+0.41%+3.10%+20.81%37.55x5.85x+20.28%+5.46%+9.74%+8.27%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. Kanzhun (NASDAQ:BZ)


Kanzhun (NASDAQ:BZ) 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 24 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 21.01% over the past year, underperforming other industrial stocks by -2 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 8.5% from Kanzhun's current stock price of $22.12.

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.

2. Danaos (NYSE:DAC)


Danaos (NYSE:DAC) 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 27 out of 38 due diligence checks and has strong fundamentals. Danaos has seen its stock return 38.27% over the past year, overperforming other industrial stocks by 15 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 5.5% from Danaos's current stock price of $85.31.

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.

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 -23.27% over the past year, underperforming other industrial stocks by -46 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 12.95% from Resources Connection's current stock price of $11.51.

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 2.09%.

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 25.97%, which is 24 percentage points higher than the industrial sector average of 2.09%.

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 16.61%, which is 15 percentage points higher than the industrial sector average of 2.09%. 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 down?

Industrial stocks were down -0.98% in the last day, and down -0.37% over the last week. Air Industries Group was the among the top losers in the industrials sector, dropping -21.06% yesterday.

Air Industries Group shares are trading higher after the company reported better-than-expected Q1 sales results.

What are the most undervalued industrial stocks?

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

1. Resources Connection (NASDAQ:RGP)


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

Resources Connection's stock has dropped -23.27% in the past year. It has underperformed other stocks in the industrial sector by -46 percentage points.

2. Spar Group (NASDAQ:SGRP)


Spar Group (NASDAQ:SGRP) is the second 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 77.66% in the past year. It has overperformed other stocks in the industrial sector by 55 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 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 72.43% in the past year. It has overperformed other stocks in the industrial sector by 50 percentage points.

Are industrial stocks a good buy now?

47.23% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 9.38% 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 38.94x.
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.