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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
ATI
ATI INC
$7.24B$58.16$60.333.74%Strong Buy36.60%-63.87%N/AN/A
EML
EASTERN CO
$193.01M$31.09N/AN/AN/AN/AN/AN/AN/AN/A
TNET
TRINET GROUP INC
$5.11B$101.13$129.0027.56%Buy4-47.95%-17.41%N/AN/A
ALTG
ALTA EQUIPMENT GROUP INC
$378.38M$11.69$22.0088.20%Strong Buy22.36%N/AN/AN/A
AVAV
AEROVIRONMENT INC
$4.75B$168.77$157.00-6.97%Buy310.82%N/AN/AN/A
LUNR
INTUITIVE MACHINES INC
$679.48M$5.57$11.67109.46%Strong Buy3151.51%N/AN/AN/A
GHM
GRAHAM CORP
$303.52M$28.03N/AN/AN/AN/A10.56%N/AN/AN/A
NTIP
NETWORK-1 TECHNOLOGIES INC
$45.14M$1.92N/AN/AN/AN/AN/AN/AN/AN/A
FLUX
FLUX POWER HOLDINGS INC
$81.17M$4.91$10.00103.67%Strong Buy222.38%N/AN/AN/A
CDLR
CADELER A
$1.51B$19.34$35.0080.97%Strong Buy194.91%N/AN/AN/A
MVST
MICROVAST HOLDINGS INC
$122.12M$0.39$4.501,068.83%Buy435.16%N/AN/AN/A
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
$1.46B$23.63N/AN/AN/AN/AN/AN/AN/AN/A
LXFR
LUXFER HOLDINGS PLC
$314.05M$11.70N/AN/AN/AN/A-6.03%N/AN/AN/A
CYRX
CRYOPORT INC
$781.19M$15.95$18.4015.36%Buy58.52%N/AN/AN/A
NMM
NAVIOS MARITIME PARTNERS LP
$1.34B$44.42N/AN/AN/AN/A5.81%N/AN/AN/A
PESI
PERMA FIX ENVIRONMENTAL SERVICES INC
$159.95M$11.70N/AN/AN/AN/A-6.17%N/AN/AN/A
KODK
EASTMAN KODAK CO
$369.14M$4.62N/AN/AN/AN/AN/AN/AN/AN/A
ATRO
ASTRONICS CORP
$634.16M$18.37$19.003.43%Hold17.70%N/AN/AN/A
BBCP
CONCRETE PUMPING HOLDINGS INC
$364.72M$6.77N/AN/AN/AN/A3.56%N/AN/AN/A
ENOV
ENOVIS CORP
$2.81B$51.27$75.6747.59%Strong Buy611.77%N/AN/AN/A
HWM
HOWMET AEROSPACE INC
$32.20B$78.89$73.67-6.62%Strong Buy96.69%-1.46%N/AN/A
ULCC
FRONTIER GROUP HOLDINGS INC
$1.29B$5.76$7.3327.17%Hold814.98%N/AN/AN/A
SCWO
374WATER INC
$202.98M$1.53$3.0096.08%Strong Buy1N/AN/AN/AN/A
SNT
SENSTAR TECHNOLOGIES LTD
$32.40M$1.39N/AN/AN/AN/AN/AN/AN/AN/A
OPTT
OCEAN POWER TECHNOLOGIES INC
$11.30M$0.19N/AN/AN/AN/AN/AN/AN/AN/A
AERT
AERIES TECHNOLOGY INC
$32.33M$2.07N/AN/AN/AN/AN/AN/AN/AN/A
LASE
LASER PHOTONICS CORP
$18.91M$2.04N/AN/AN/AN/AN/AN/AN/AN/A
BXC
BLUELINX HOLDINGS INC
$888.17M$102.54$130.0026.78%Strong Buy2N/AN/AN/AN/A
YGMZ
MINGZHU LOGISTICS HOLDINGS LTD
$8.84M$0.39N/AN/AN/AN/AN/AN/AN/AN/A
PLUG
PLUG POWER INC
$1.87B$2.74$4.9680.95%Hold2023.86%N/AN/AN/A
CEAD
CEA INDUSTRIES INC
$5.59M$0.68N/AN/AN/AN/AN/AN/AN/AN/A
SPXC
SPX TECHNOLOGIES INC
$6.05B$130.94$133.001.57%Buy28.93%N/AN/AN/A
RCL
ROYAL CARIBBEAN CRUISES LTD
$35.57B$138.21$151.439.56%Strong Buy149.50%N/AN/AN/A
WLFC
WILLIS LEASE FINANCE CORP
$367.99M$55.99N/AN/AN/AN/AN/AN/AN/AN/A
CODI
COMPASS DIVERSIFIED HOLDINGS
$1.63B$21.68$26.5022.23%Buy213.20%N/AN/AN/A
RLGT
RADIANT LOGISTICS INC
$237.90M$5.07N/AN/AN/AN/AN/AN/AN/AN/A
AAL
AMERICAN AIRLINES GROUP INC
$9.09B$13.85$19.1137.99%Strong Buy94.71%237.68%N/AN/A
AAN
AARON's COMPANY INC
$211.01M$6.95$8.0015.11%Hold22.07%232.22%N/AN/A
ACCO
ACCO BRANDS CORP
$466.72M$4.88$7.5053.69%Buy1-1.51%N/AN/AN/A
AER
AERCAP HOLDINGS NV
$17.37B$87.60$98.0011.87%Strong Buy3-1.00%-47.56%N/AN/A
SPIR
SPIRE GLOBAL INC
$253.41M$10.72$19.0077.24%Strong Buy333.13%N/AN/AN/A
WLGS
WANG & LEE GROUP INC
$8.76M$0.58N/AN/AN/AN/AN/AN/AN/AN/A
GFAI
GUARDFORCE AI CO LTD
$30.18M$3.07$9.00193.16%Strong Buy1N/AN/AN/AN/A
GFL
GFL ENVIRONMENTAL INC
$12.34B$32.78$41.1325.46%Buy87.72%N/AN/AN/A
TRC
TEJON RANCH CO
$446.81M$16.68N/AN/AN/AN/AN/AN/AN/AN/A
ATMU
ATMUS FILTRATION TECHNOLOGIES INC
$2.37B$28.44$34.2020.25%Strong Buy51.26%N/AN/AN/A
B
BARNES GROUP INC
$1.85B$36.54$40.6711.29%Buy36.17%N/AN/AN/A
BHAC
FOCUS IMPACT BH3 ACQUISITION CO
$85.03M$10.56N/AN/AN/AN/AN/AN/AN/AN/A
TBLT
TOUGHBUILT INDUSTRIES INC
$1.44M$2.54N/AN/AN/AN/A32.98%N/AN/AN/A
NPO
ENPRO INC
$3.21B$152.00N/AN/AN/AN/A3.34%N/A10.99%6.20%
YOTA
YOTTA ACQUISITION CORP
$42.05M$10.66N/AN/AN/AN/AN/AN/AN/AN/A
CCL
CARNIVAL CORP
$18.92B$14.44$21.4348.40%Strong Buy146.72%146.22%N/AN/A
GVA
GRANITE CONSTRUCTION INC
$2.62B$59.39$57.00-4.02%Hold2N/AN/AN/AN/A
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$59.06M$0.98$1.5356.43%Strong Buy33.35%N/AN/AN/A
ESHA
ESH ACQUISITION CORP
$152.20M$10.38N/AN/AN/AN/AN/AN/AN/AN/A
LICY
LI-CYCLE HOLDINGS CORP
$126.41M$0.71$0.67-5.10%Sell31,621.28%N/A-9.04%-3.84%
MTZ
MASTEC INC
$8.09B$101.80$94.50-7.17%Strong Buy124.76%N/AN/AN/A
MTRX
MATRIX SERVICE CO
$320.56M$11.74N/AN/AN/AN/A8.00%N/AN/AN/A
MGRC
MCGRATH RENTCORP
$2.68B$109.00N/AN/AN/AN/A1.80%N/AN/AN/A
SAVE
SPIRIT AIRLINES INC
$406.16M$3.71$3.874.31%Sell57.59%N/AN/AN/A
TOUR
TUNIU CORP
$114.44M$0.93N/AN/AN/AN/AN/AN/AN/AN/A
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
$552.39M$10.92N/AN/AN/AN/A63.81%N/AN/AN/A
CVLG
COVENANT LOGISTICS GROUP INC
$597.23M$45.54$68.0049.32%Strong Buy2N/AN/AN/AN/A
SMR
NUSCALE POWER CORP
$1.44B$6.16$7.5021.75%Hold3186.55%N/AN/AN/A
RCRT
RECRUITERCOM GROUP INC
$2.28M$1.56N/AN/AN/AN/AN/AN/AN/AN/A
TPC
TUTOR PERINI CORP
$940.59M$17.99$15.00-16.62%Buy210.29%N/AN/AN/A
CLCO
COOL CO LTD
$597.18M$11.12N/AN/AN/AN/A-8.64%N/AN/AN/A
ESAB
ESAB CORP
$6.34B$104.94$108.503.39%Strong Buy42.13%5.57%N/AN/A
BAER
BRIDGER AEROSPACE GROUP HOLDINGS INC
$189.46M$4.23N/AN/AN/AN/AN/AN/AN/AN/A
NL
NL INDUSTRIES INC
$402.39M$8.24N/AN/AN/AN/AN/AN/AN/AN/A
VSAC
VISION SENSING ACQUISITION CORP
$50.25M$11.55N/AN/AN/AN/AN/AN/AN/AN/A
LIQT
LIQTECH INTERNATIONAL INC
$15.80M$2.72$5.1589.34%Buy1N/AN/AN/AN/A
CXW
CORECIVIC INC
$1.72B$15.26$19.0024.51%Buy23.04%N/AN/AN/A
CVR
CHICAGO RIVET & MACHINE CO
$16.68M$17.26N/AN/AN/AN/AN/AN/AN/AN/A
SKGR
SK GROWTH OPPORTUNITIES CORP
$169.56M$11.09N/AN/AN/AN/AN/AN/AN/AN/A
ASLE
AERSALE CORP
$387.85M$7.46$11.6756.39%Strong Buy316.52%N/AN/AN/A
HHS
HARTE HANKS INC
$51.48M$7.11N/AN/AN/AN/A0.03%N/AN/AN/A
LGMK
LOGICMARK INC
$1.82M$0.83N/AN/AN/AN/AN/AN/AN/AN/A
SWK
STANLEY BLACK & DECKER INC
$13.20B$85.80$89.404.20%Hold50.41%N/AN/AN/A
ACM
AECOM
$12.88B$94.72$106.5012.44%Strong Buy6-27.60%202.21%N/AN/A
KWE
KWESST MICRO SYSTEMS INC
$4.16M$0.74N/AN/AN/AN/AN/AN/AN/AN/A
IVCP
SWIFTMERGE ACQUISITION CORP
$73.67M$10.77N/AN/AN/AN/AN/AN/AN/AN/A
MHH
MASTECH DIGITAL INC
$97.08M$8.36N/AN/AN/AN/AN/AN/AN/AN/A
FNVT
FINNOVATE ACQUISITION CORP
$102.67M$11.30N/AN/AN/AN/AN/AN/AN/AN/A
NVRI
ENVIRI CORP
$588.76M$7.35N/AN/AN/AN/A2.83%N/AN/AN/A
FSTR
FOSTER L B CO
$265.14M$24.10$23.00-4.56%Hold1-0.89%N/AN/AN/A
MIR
MIRION TECHNOLOGIES INC
$2.27B$9.98$14.0040.28%Strong Buy1N/AN/AN/AN/A
DESP
DESPEGARCOM CORP
$819.78M$12.30$14.8320.59%Strong Buy312.28%N/AN/AN/A
PRG
PROG HOLDINGS INC
$1.49B$34.48$37.508.76%Buy21.97%10.32%N/AN/A
ATXG
ADDENTAX GROUP CORP
$4.14M$0.97N/AN/AN/AN/AN/AN/AN/AN/A
BYNO
BYNORDIC ACQUISITION CORP
$114.58M$11.15N/AN/AN/AN/AN/AN/AN/AN/A
ELVA
ELECTROVAYA INC
$107.93M$3.19$9.00182.13%Strong Buy255.89%N/AN/AN/A
GNK
GENCO SHIPPING & TRADING LTD
$951.18M$22.26$21.50-3.41%Strong Buy2-11.25%N/AN/AN/A
CR
CRANE CO
$8.17B$142.95$141.75-0.84%Strong Buy47.08%N/AN/AN/A
DPRO
DRAGANFLY INC
$9.85M$0.20$1.00400.00%Buy168.68%N/AN/AN/A
MRCY
MERCURY SYSTEMS INC
$1.72B$29.04$27.80-4.27%Sell5-1.38%N/AN/AN/A
FREY
FREYR BATTERY INC
$251.47M$1.80$1.958.33%Sell2N/AN/AN/AN/A
JCSE
JE CLEANTECH HOLDINGS LTD
$3.65M$0.73N/AN/AN/AN/AN/AN/AN/AN/A
MOND
MONDEE HOLDINGS INC
$202.20M$2.42$3.9663.76%Buy412.92%N/AN/AN/A
IPWR
IDEAL POWER INC
$56.32M$7.64$14.0083.25%Strong Buy1N/AN/AN/AN/A
1...456...9

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+0.77%+1.71%+2.71%+11.62%23.40x5.47x+12.66%+4.32%+10.98%+6.14%Buy
18+0.43%+0.26%-1.18%+5.85%15.79x2.92x+22.54%+4.87%+12.27%+23.23%Buy
12+0.70%-1.96%+6.18%+5.63%10.80x4.73x+1.63%+4.86%+12.10%-7.99%Strong Buy
5+1.33%+3.42%-1.33%+41.87%18.57x1.50x+8.72%+4.50%+8.53%+26.64%Strong Buy
20-1.16%+1.46%+2.17%-13.49%15.23x4.94x-10.64%+2.03%+8.76%+16.88%Strong Buy
14+0.84%+2.32%-1.71%+20.87%29.23x7.68x+86.40%+8.40%+16.73%+15.11%Buy
56+1.30%-0.24%-0.84%+32.48%37.95x4.29x+17.34%+5.76%+10.60%+10.81%Buy
41+1.96%+1.83%-0.37%+56.51%11.05x4.29x+12.16%+5.16%+13.15%+8.22%Strong Buy
27+0.30%-1.51%-7.49%+13.51%12.66x4.62x+46.09%+11.17%+16.18%+11.58%Buy
18+1.07%+0.50%-4.60%+29.43%536.60x6.75x+34.02%+15.38%+27.91%+9.09%Buy
2+6.63%+5.90%+5.11%+9.77%50.59x7.92x+16.93%+4.12%+11.95%-22.87%Hold
20+0.23%+1.53%-4.97%-10.14%20.04x4.04x+24.30%+7.85%+14.98%+12.78%Buy
38+1.54%+1.89%+3.44%+46.77%16.58x1.03x+7.54%+4.50%+7.29%+16.50%Strong Buy
19+1.52%+3.26%+1.58%+28.90%20.20x3.09x+17.20%+8.62%+14.16%+11.06%Strong Buy
16-0.11%-1.84%-1.39%+23.21%11.95x7.33x+19.29%+2.59%+5.00%+19.52%Buy
11+0.93%-0.99%-2.38%+24.35%24.70x4.56x+26.99%+7.74%+10.44%+10.41%Buy
23+0.71%-1.06%-5.22%+36.99%16.27x2.26x+14.74%+6.11%+7.59%+6.50%Buy
24+0.79%-0.95%-2.77%+26.49%19.97x2.97x+23.54%+8.01%+14.55%+15.64%Strong Buy
203-0.05%-0.46%-0.40%+3.89%8.90x-14.37x-28.63%+1.08%-1.81%N/A
39+1.35%+0.48%-2.25%+24.98%35.31x4.86x+26.92%+11.77%+19.64%+11.40%Buy
75+1.11%-0.75%-2.78%+27.40%29.74x5.09x+22.36%+8.71%+16.03%+11.46%Buy
26+0.32%-0.44%-4.99%+1.15%27.33x9.24x+66.79%+8.34%+44.90%+10.21%Buy
12+0.62%+0.03%-5.69%+2.75%-11.83x2.70x+17.36%+8.11%+14.28%+8.83%Buy
19+2.13%+0.73%-1.73%+36.73%30.47x9.53x-51.30%+14.42%+31.91%+13.56%Buy
16+0.36%-3.10%-18.85%+23.82%51.26x3.73x+20.69%+13.36%+19.68%+26.77%Buy
20+0.26%+0.72%-1.04%+21.64%36.42x5.73x+20.52%+5.44%+9.76%+10.17%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 41.72% over the past year, overperforming other industrial stocks by 23 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 14.59% from Danaos's current stock price of $78.54.

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 11.96% 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 17.65% from Kanzhun's current stock price of $20.40.

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 -22.21% over the past year, underperforming other industrial stocks by -41 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 16.38% from Resources Connection's current stock price of $11.17.

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 2.19%.

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 2.19%. 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 26.95%, which is 25 percentage points higher than the industrial sector average of 2.19%.

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 0.83% in the last day, and up 0.37% over the last week. Safe & Green Holdings was the among the top gainers in the industrials sector, gaining 89.08% yesterday.

Safe & Green shares are trading higher after the company announced its SG Echo subsidiary is preparing to deliver its first sustainable modular unit to a prominent quick-service restaurant customer in the Pacific Northwest.

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 126.79% in the past year. It has overperformed other stocks in the industrial sector by 108 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 -22.21% in the past year. It has underperformed other stocks in the industrial sector by -41 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 71.91% in the past year. It has overperformed other stocks in the industrial sector by 54 percentage points.

Are industrial stocks a good buy now?

46.62% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 10.91% 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 44.51x.
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.