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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)
ATI
ATI INC
United States
$7.24B124,441,40193.68%6.32%Net SellingNet Selling
EML
EASTERN CO
United States
$193.01M6,208,12650.54%49.46%Net BuyingNet Buying
TNET
TRINET GROUP INC
United States
$5.11B50,563,84969.16%30.84%Net SellingNet Selling
ALTG
ALTA EQUIPMENT GROUP INC
United States
$378.38M32,368,11253.13%46.87%Net SellingNet Selling
AVAV
AEROVIRONMENT INC
United States
$4.75B28,135,73468.21%31.79%Net BuyingNet Selling
LUNR
INTUITIVE MACHINES INC
United States
$679.48M121,989,0712.73%17.95%Net SellingNet Selling
GHM
GRAHAM CORP
United States
$303.52M10,828,32769.40%13.97%Net Selling
NTIP
NETWORK-1 TECHNOLOGIES INC
United States
$45.14M23,510,01911.34%88.66%Net SellingNet Selling
FLUX
FLUX POWER HOLDINGS INC
United States
$81.17M16,532,4933.02%96.98%Net SellingNet Selling
CDLR
CADELER A
Denmark
$1.51B311,409,8682.85%0.00%
MVST
MICROVAST HOLDINGS INC
United States
$122.12M317,206,09520.63%31.20%Net Selling
HOLI
HOLLYSYS AUTOMATION TECHNOLOGIES LTD
China
$1.46B61,987,79164.78%0.00%
LXFR
LUXFER HOLDINGS PLC
United Kingdom
$314.05M26,842,13289.51%2.88%Net SellingNet Selling
CYRX
CRYOPORT INC
United States
$781.19M48,977,47696.81%3.19%Net BuyingNet Buying
NMM
NAVIOS MARITIME PARTNERS LP
Monaco
$1.34B30,184,38824.77%0.00%
PESI
PERMA FIX ENVIRONMENTAL SERVICES INC
United States
$159.95M13,671,02225.52%27.85%Net BuyingNet Buying
KODK
EASTMAN KODAK CO
United States
$369.14M79,900,00033.58%7.87%Net SellingNet Selling
ATRO
ASTRONICS CORP
United States
$634.16M34,521,51956.68%35.92%Net SellingNet Selling
BBCP
CONCRETE PUMPING HOLDINGS INC
United States
$364.72M53,872,38017.18%82.82%Net SellingNet Selling
ENOV
ENOVIS CORP
United States
$2.81B54,850,90639.00%61.00%Net SellingNet Selling
HWM
HOWMET AEROSPACE INC
United States
$32.20B408,183,45983.64%16.36%Net SellingNet Selling
ULCC
FRONTIER GROUP HOLDINGS INC
United States
$1.29B223,958,24530.22%69.78%Net BuyingNet Selling
SCWO
374WATER INC
United States
$202.98M132,667,10712.15%34.26%
SNT
SENSTAR TECHNOLOGIES LTD
Israel
$32.40M23,309,98710.42%0.00%
OPTT
OCEAN POWER TECHNOLOGIES INC
United States
$11.30M59,463,5736.87%4.92%Net Buying
AERT
AERIES TECHNOLOGY INC
United States
$32.33M15,619,0046.94%93.06%
LASE
LASER PHOTONICS CORP
United States
$18.91M9,270,4191.61%63.44%Net Buying
BXC
BLUELINX HOLDINGS INC
United States
$888.17M8,661,74144.85%55.15%Net SellingNet Selling
YGMZ
MINGZHU LOGISTICS HOLDINGS LTD
China
$8.84M22,960,2770.17%0.00%
PLUG
PLUG POWER INC
United States
$1.87B684,255,08343.41%11.91%Net BuyingNet Buying
CEAD
CEA INDUSTRIES INC
United States
$5.59M8,212,7370.17%99.83%Net Buying
SPXC
SPX TECHNOLOGIES INC
United States
$6.05B46,230,64386.03%13.97%Net BuyingNet Buying
RCL
ROYAL CARIBBEAN CRUISES LTD
United States
$35.57B257,349,19677.40%22.60%Net SellingNet Selling
WLFC
WILLIS LEASE FINANCE CORP
United States
$367.99M6,572,51110.23%89.77%Net BuyingNet Buying
CODI
COMPASS DIVERSIFIED HOLDINGS
United States
$1.63B75,384,05253.87%34.81%Net BuyingNet Selling
RLGT
RADIANT LOGISTICS INC
United States
$237.90M46,923,03653.59%45.22%Net BuyingNet Buying
AAL
AMERICAN AIRLINES GROUP INC
United States
$9.09B656,090,34452.22%2.79%Net SellingNet Selling
AAN
AARON's COMPANY INC
United States
$211.01M30,361,43491.88%4.27%Net BuyingNet Selling
ACCO
ACCO BRANDS CORP
United States
$466.72M95,639,73081.14%18.86%Net SellingNet Selling
AER
AERCAP HOLDINGS NV
Ireland
$17.37B198,342,82095.15%3.93%
SPIR
SPIRE GLOBAL INC
United States
$253.41M23,638,7709.13%90.87%Net SellingNet Selling
WLGS
WANG & LEE GROUP INC
Hong Kong
$8.76M15,096,3310.33%0.00%
GFAI
GUARDFORCE AI CO LTD
Singapore
$30.18M9,830,3731.35%0.00%
GFL
GFL ENVIRONMENTAL INC
Canada
$12.34B376,471,24965.87%0.00%
TRC
TEJON RANCH CO
United States
$446.81M26,787,07355.75%44.25%Net BuyingNet Buying
ATMU
ATMUS FILTRATION TECHNOLOGIES INC
United States
$2.37B83,355,93032.64%0.59%Net SellingNet Selling
B
BARNES GROUP INC
United States
$1.85B50,702,07270.96%29.04%Net BuyingNet Buying
BHAC
FOCUS IMPACT BH3 ACQUISITION CO
United States
$85.03M8,051,94513.65%86.35%
TBLT
TOUGHBUILT INDUSTRIES INC
United States
$1.44M567,92645.02%54.98%
NPO
ENPRO INC
United States
$3.21B21,086,77687.06%12.94%Net SellingNet Selling
YOTA
YOTTA ACQUISITION CORP
United States
$42.05M3,944,8359.98%90.02%
CCL
CARNIVAL CORP
United States
$18.92B1,309,995,78353.44%35.51%Net BuyingNet Selling
GVA
GRANITE CONSTRUCTION INC
United States
$2.62B44,151,07396.29%3.71%Net SellingNet Selling
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
United States
$59.06M60,260,2828.09%72.63%
ESHA
ESH ACQUISITION CORP
United States
$152.20M14,662,50074.79%0.00%
LICY
LI-CYCLE HOLDINGS CORP
Canada
$126.41M179,047,11831.60%25.14%Net SellingNet Selling
MTZ
MASTEC INC
United States
$8.09B79,458,43264.58%35.42%Net SellingNet Selling
MTRX
MATRIX SERVICE CO
United States
$320.56M27,304,73464.46%35.54%Net SellingNet Selling
MGRC
MCGRATH RENTCORP
United States
$2.68B24,548,74383.92%16.08%Net SellingNet Selling
SAVE
SPIRIT AIRLINES INC
United States
$406.16M109,477,99941.43%58.57%Net BuyingNet Buying
TOUR
TUNIU CORP
China
$114.44M371,531,0934.58%0.00%
ADSE
ADS-TEC ENERGY PUBLIC LTD CO
Ireland
$552.39M50,584,7582.13%0.60%
CVLG
COVENANT LOGISTICS GROUP INC
United States
$597.23M13,114,36051.68%32.74%Net SellingNet Selling
SMR
NUSCALE POWER CORP
United States
$1.44B234,287,95611.54%17.28%Net BuyingNet Selling
RCRT
RECRUITERCOM GROUP INC
United States
$2.28M1,462,5705.24%94.76%
TPC
TUTOR PERINI CORP
United States
$940.59M52,284,16245.42%54.58%Net SellingNet Selling
CLCO
COOL CO LTD
Bermuda
$597.18M53,702,84616.73%0.00%
ESAB
ESAB CORP
United States
$6.34B60,424,42189.99%6.92%Net SellingNet Selling
BAER
BRIDGER AEROSPACE GROUP HOLDINGS INC
United States
$189.46M44,842,58723.25%52.80%Net BuyingNet Buying
NL
NL INDUSTRIES INC
United States
$402.39M48,833,4842.47%97.53%
VSAC
VISION SENSING ACQUISITION CORP
United States
$50.25M4,350,76528.77%4.58%
LIQT
LIQTECH INTERNATIONAL INC
Denmark
$15.80M5,807,3402.34%97.66%Net Selling
CXW
CORECIVIC INC
United States
$1.72B112,608,07585.03%8.65%Net SellingNet Selling
CVR
CHICAGO RIVET & MACHINE CO
United States
$16.68M966,13219.74%1.01%
SKGR
SK GROWTH OPPORTUNITIES CORP
United States
$169.56M15,296,59773.81%0.00%
ASLE
AERSALE CORP
United States
$387.85M51,990,94736.78%63.22%Net SellingNet Buying
HHS
HARTE HANKS INC
United States
$51.48M7,240,9059.43%90.57%Net BuyingNet Buying
LGMK
LOGICMARK INC
United States
$1.82M2,196,6120.11%99.89%
SWK
STANLEY BLACK & DECKER INC
United States
$13.20B153,878,73987.75%2.12%Net SellingNet Selling
ACM
AECOM
United States
$12.88B136,023,50181.19%18.81%Net Selling
KWE
KWESST MICRO SYSTEMS INC
Canada
$4.16M5,616,78219.19%0.00%
IVCP
SWIFTMERGE ACQUISITION CORP
Canada
$73.67M6,839,91328.28%0.00%
MHH
MASTECH DIGITAL INC
United States
$97.08M11,612,18516.53%83.47%
FNVT
FINNOVATE ACQUISITION CORP
United States
$102.67M9,085,83224.72%75.28%Net Selling
NVRI
ENVIRI CORP
United States
$588.76M80,103,16793.01%3.21%Net SellingNet Selling
FSTR
FOSTER L B CO
United States
$265.14M11,001,64043.01%56.99%Net BuyingNet Selling
MIR
MIRION TECHNOLOGIES INC
United States
$2.27B227,369,03178.07%11.74%Net SellingNet Selling
DESP
DESPEGARCOM CORP
Argentina
$819.78M66,648,80462.33%0.00%
PRG
PROG HOLDINGS INC
United States
$1.49B43,174,57458.48%41.52%Net BuyingNet Buying
ATXG
ADDENTAX GROUP CORP
China
$4.14M4,294,9790.03%0.00%
BYNO
BYNORDIC ACQUISITION CORP
Sweden
$114.58M10,276,27233.66%10.65%Net Selling
ELVA
ELECTROVAYA INC
Canada
$107.93M33,832,78412.59%0.00%
GNK
GENCO SHIPPING & TRADING LTD
United States
$951.18M42,730,45553.18%30.08%Net SellingNet Selling
CR
CRANE CO
United States
$8.17B57,157,88475.03%14.51%Net SellingNet Selling
DPRO
DRAGANFLY INC
Canada
$9.85M49,229,56310.41%0.00%
MRCY
MERCURY SYSTEMS INC
United States
$1.72B59,365,98073.44%26.56%Net BuyingNet Buying
FREY
FREYR BATTERY INC
United States
$251.47M139,705,23435.25%25.47%
JCSE
JE CLEANTECH HOLDINGS LTD
Singapore
$3.65M5,006,6660.01%0.00%
MOND
MONDEE HOLDINGS INC
United States
$202.20M83,551,70511.45%88.55%Net SellingNet Selling
IPWR
IDEAL POWER INC
United States
$56.32M7,371,69913.19%52.67%Net Selling
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.