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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
SPCB
SUPERCOM LTD
$2.57M$0.19N/AN/AN/AN/AN/AN/AN/AN/A
BA
BOEING CO
$109.54B$178.44$221.5324.15%Buy1711.39%N/A-48.03%6.08%
TRU
TRANSUNION
$15.23B$78.42$84.437.66%Buy146.52%N/AN/AN/A
TISI
TEAM INC
$29.67M$6.72N/AN/AN/AN/AN/AN/AN/AN/A
ALPP
ALPINE 4 HOLDINGS INC
$21.30M$0.80N/AN/AN/AN/AN/AN/AN/AN/A
AULT
AULT ALLIANCE INC
$10.46M$0.35N/AN/AN/AN/AN/AN/AN/AN/A
OP
OCEANPAL INC
$19.44M$2.61N/AN/AN/AN/AN/AN/AN/AN/A
SOAR
VOLATO GROUP INC
$44.17M$1.51N/AN/AN/AN/AN/AN/AN/AN/A
UGRO
URBAN-GRO INC
$22.79M$1.85$5.63204.05%Strong Buy2N/AN/AN/AN/A
WHLM
WILHELMINA INTERNATIONAL INC
$22.85M$4.43N/AN/AN/AN/AN/AN/AN/AN/A
AZUL
AZUL SA
$752.73M$6.47$11.1772.60%Hold317.20%N/AN/AN/A
XPON
EXPION360 INC
$14.50M$2.06N/AN/AN/AN/A1.15%N/AN/AN/A
SHIP
SEANERGY MARITIME HOLDINGS CORP
$204.22M$10.40$12.5020.19%Strong Buy228.84%N/AN/AN/A
SATL
SATELLOGIC INC
$127.33M$1.41N/AN/AN/AN/AN/AN/AN/AN/A
QRHC
QUEST RESOURCE HOLDING CORP
$200.28M$9.90$15.0051.52%Buy18.70%N/AN/AN/A
EPOW
SUNRISE NEW ENERGY CO LTD
$18.51M$0.73N/AN/AN/AN/AN/AN/AN/AN/A
FREY
FREYR BATTERY INC
$266.84M$1.91$2.004.71%Hold1N/AN/AN/AN/A
UP
WHEELS UP EXPERIENCE INC
$1.65B$2.36N/AN/AN/AN/A34.17%N/AN/AN/A
SEPA
SEP ACQUISITION CORP
$62.71M$10.90N/AN/AN/AN/AN/AN/AN/AN/A
DSGR
DISTRIBUTION SOLUTIONS GROUP INC
$1.60B$34.11$41.0020.20%Strong Buy25.39%N/AN/AN/A
TBI
TRUEBLUE INC
$343.30M$11.23$13.0015.76%Buy2-8.40%N/AN/AN/A
CETY
CLEAN ENERGY TECHNOLOGIES INC
$58.02M$1.36N/AN/AN/AN/AN/AN/AN/AN/A
FSTR
FOSTER L B CO
$315.75M$28.80$27.00-6.25%Hold1-2.25%N/AN/AN/A
MRCY
MERCURY SYSTEMS INC
$1.71B$28.75$27.40-4.70%Sell51.87%N/AN/AN/A
MOND
MONDEE HOLDINGS INC
$186.33M$2.18$3.9681.79%Buy48.97%N/AN/AN/A
GBBK
GLOBAL BLOCKCHAIN ACQUISITION CORP
$77.84M$10.82N/AN/AN/AN/AN/AN/AN/AN/A
DCO
DUCOMMUN INC
$833.39M$56.63$65.2515.22%Strong Buy43.46%N/AN/AN/A
PWUP
POWERUP ACQUISITION CORP
$100.70M$11.20N/AN/AN/AN/AN/AN/AN/AN/A
NPAB
NEW PROVIDENCE ACQUISITION CORP II
$124.62M$10.82N/AN/AN/AN/AN/AN/AN/AN/A
TGAA
TARGET GLOBAL ACQUISITION I CORP
$105.07M$11.29N/AN/AN/AN/AN/AN/AN/AN/A
SBXC
SILVERBOX CORP III
$182.07M$10.56N/AN/AN/AN/AN/AN/AN/AN/A
DPCS
DP CAP ACQUISITION CORP I
$80.76M$11.14N/AN/AN/AN/AN/AN/AN/AN/A
HIHO
HIGHWAY HOLDINGS LTD
$8.78M$2.08N/AN/AN/AN/AN/AN/AN/AN/A
AACT
ARES ACQUISITION CORP II
$664.06M$10.63N/AN/AN/AN/AN/AN/AN/AN/A
INTE
INTEGRAL ACQUISITION CORP 1
$44.68M$10.97N/AN/AN/AN/AN/AN/AN/AN/A
EOSE
EOS ENERGY ENTERPRISES INC
$145.90M$0.72$5.67687.08%Strong Buy3365.13%N/AN/AN/A
ISRL
ISRAEL ACQUISITIONS CORP
$87.68M$10.93N/AN/AN/AN/AN/AN/AN/AN/A
VMCA
VALUENCE MERGER CORP I
$134.00M$11.44N/AN/AN/AN/AN/AN/AN/AN/A
BV
BRIGHTVIEW HOLDINGS INC
$1.18B$12.50$10.67-14.66%Sell30.14%N/AN/AN/A
SKGR
SK GROWTH OPPORTUNITIES CORP
$169.33M$11.07N/AN/AN/AN/AN/AN/AN/AN/A
DLHC
DLH HOLDINGS CORP
$155.42M$10.92N/AN/AN/AN/A1.06%N/AN/AN/A
GTEC
GREENLAND TECHNOLOGIES HOLDING CORP
$19.98M$1.47N/AN/AN/AN/AN/AN/AN/AN/A
BEST
BEST INC
$39.75M$1.97N/AN/AN/AN/AN/AN/AN/AN/A
BLEU
BLEUACACIA LTD
$80.92M$10.71N/AN/AN/AN/AN/AN/AN/AN/A
BWAQ
BLUE WORLD ACQUISITION CORP
$74.28M$11.25N/AN/AN/AN/AN/AN/AN/AN/A
EMLD
FTAC EMERALD ACQUISITION CORP
$152.39M$10.62N/AN/AN/AN/AN/AN/AN/AN/A
RENE
CARTESIAN GROWTH CORP II
$242.58M$11.22N/AN/AN/AN/AN/AN/AN/AN/A
PLAO
PATRIA LATIN AMERICAN OPPORTUNITY ACQUISITION CORP
$257.08M$11.36N/AN/AN/AN/AN/AN/AN/AN/A
CSLM
CSLM ACQUISITION CORP
$105.82M$11.12N/AN/AN/AN/AN/AN/AN/AN/A
KBR
KBR INC
$8.89B$66.20$76.0014.80%Strong Buy710.57%N/AN/AN/A
TENK
TENX KEANE ACQUISITION
$74.51M$11.20N/AN/AN/AN/AN/AN/AN/AN/A
FER
FERROVIAL SE
N/A$37.90N/AN/AN/AN/AN/AN/AN/AN/A
PPYA
PAPAYA GROWTH OPPORTUNITY CORP I
$95.17M$11.55N/AN/AN/AN/AN/AN/AN/AN/A
EDRY
EURODRY LTD
$61.82M$21.83$30.0037.46%Strong Buy1N/AN/AN/AN/A
GEO
GEO GROUP INC
$1.78B$13.08$20.0052.91%Buy11.23%N/AN/AN/A
SMHI
SEACOR MARINE HOLDINGS INC
$355.79M$12.89$17.0031.89%Strong Buy1-1.66%N/AN/AN/A
SKYH
SKY HARBOUR GROUP CORP
$845.55M$12.73$15.0017.83%Strong Buy1173.24%N/AN/AN/A
POLA
POLAR POWER INC
$7.27M$0.41N/AN/AN/AN/AN/AN/AN/AN/A
TUSK
MAMMOTH ENERGY SERVICES INC
$157.95M$3.29N/AN/AN/AN/AN/AN/AN/AN/A
BW
BABCOCK & WILCOX ENTERPRISES INC
$108.30M$1.19$5.75383.19%Strong Buy212.72%N/AN/AN/A
SFL
SFL CORP LTD
$1.97B$14.34$15.004.60%Strong Buy1N/AN/AN/AN/A
MPU
MEGA MATRIX CORP
$66.92M$1.86N/AN/AN/AN/AN/AN/AN/AN/A
HHS
HARTE HANKS INC
$51.19M$7.07N/AN/AN/AN/A0.91%N/AN/AN/A
BKYI
BIO KEY INTERNATIONAL INC
$1.22M$1.60N/AN/AN/AN/AN/AN/AN/AN/A
VVX
V2X INC
$1.48B$47.13$58.6724.48%Buy33.49%N/AN/AN/A
AMBI
AMBIPAR EMERGENCY RESPONSE
$198.44M$3.58N/AN/AN/AN/AN/AN/AN/AN/A
JYD
JAYUD GLOBAL LOGISTICS LTD
$16.87M$0.79N/AN/AN/AN/AN/AN/AN/AN/A
CXW
CORECIVIC INC
$1.69B$15.23$19.0024.75%Buy20.78%N/AN/AN/A
SABR
SABRE CORP
$1.15B$3.02$3.6721.42%Buy33.42%N/AN/AN/A
RAIL
FREIGHTCAR AMERICA INC
$65.11M$3.48N/AN/AN/AN/AN/AN/AN/AN/A
PAL
PROFICIENT AUTO LOGISTICS INC
N/A$15.03N/AN/AN/AN/AN/AN/AN/AN/A
FIP
FTAI INFRASTRUCTURE INC
$816.60M$8.03$10.0024.53%Strong Buy1N/AN/AN/AN/A
SPPL
SIMPPLE LTD
N/A$0.71N/AN/AN/AN/AN/AN/AN/AN/A
ARTW
ARTS WAY MANUFACTURING CO INC
$9.48M$1.87N/AN/AN/AN/AN/AN/AN/AN/A
TPIC
TPI COMPOSITES INC
$184.18M$3.88$3.25-16.24%Hold39.19%N/AN/AN/A
MNTS
MOMENTUS INC
$3.65M$0.56N/AN/AN/AN/AN/AN/A-5,504.19%-705.43%
MG
MISTRAS GROUP INC
$279.63M$9.03N/AN/AN/AN/A3.84%N/AN/AN/A
EVEX
EVE HOLDING INC
$1.43B$5.31$7.0031.83%Hold1N/AN/AN/AN/A
MCAG
MOUNTAIN CREST ACQUISITION CORP V
$33.76M$10.65N/AN/AN/AN/AN/AN/AN/AN/A
GLST
GLOBAL STAR ACQUISITION INC
$88.11M$10.93N/AN/AN/AN/AN/AN/AN/AN/A
RRX
REGAL REXNORD CORP
$10.79B$162.27$195.6020.54%Strong Buy5-5.60%N/AN/AN/A
APCA
AP ACQUISITION CORP
$177.86M$11.39N/AN/AN/AN/AN/AN/AN/AN/A
PLMJ
PLUM ACQUISITION CORP III
$244.45M$10.80N/AN/AN/AN/AN/AN/AN/AN/A
KSCP
KNIGHTSCOPE INC
$42.61M$0.42$4.00863.86%Buy1N/AN/AN/AN/A
SHIM
SHIMMICK CORP
$93.09M$3.64$10.50188.46%Strong Buy20.44%N/AN/AN/A
SST
SYSTEM1 INC
$140.56M$1.56$2.0028.21%Hold1N/AN/AN/AN/A
EVGR
EVERGREEN CORP
$124.30M$11.40N/AN/AN/AN/AN/AN/AN/AN/A
FORR
FORRESTER RESEARCH INC
$369.34M$19.33N/AN/AN/AN/A-5.77%N/AN/AN/A
ROCL
ROTH CH ACQUISITION V CO
$53.62M$10.90N/AN/AN/AN/AN/AN/AN/AN/A
BCSA
BLOCKCHAIN COINVESTORS ACQUISITION CORP I
$150.53M$11.21N/AN/AN/AN/AN/AN/AN/AN/A
JVSA
JVSPAC ACQUISITION CORP
$77.63M$10.10N/AN/AN/AN/AN/AN/AN/AN/A
APG
API GROUP CORP
$10.10B$36.83$44.2920.24%Strong Buy74.13%N/AN/AN/A
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$27.00M$2.40N/AN/AN/AN/AN/AN/AN/AN/A
BOWN
BOWEN ACQUISITION CORP
$96.25M$10.50N/AN/AN/AN/AN/AN/AN/AN/A
ZIM
ZIM INTEGRATED SHIPPING SERVICES LTD
$2.27B$18.87$10.51-44.29%Hold46.44%N/AN/AN/A
CHNR
CHINA NATURAL RESOURCES INC
$8.98M$0.91N/AN/AN/AN/AN/AN/AN/AN/A
GMFI
AETHERIUM ACQUISITION CORP
$63.10M$11.39N/AN/AN/AN/AN/AN/AN/AN/A
NETD
NABORS ENERGY TRANSITION CORP II
$402.41M$10.56N/AN/AN/AN/AN/AN/AN/AN/A
IDEX
IDEANOMICS INC
$12.63M$1.06N/AN/AN/AN/AN/AN/A1,548.37%168.17%
SRCL
STERICYCLE INC
$4.31B$46.47$59.4027.82%Hold53.85%N/AN/AN/A

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72-0.99%-0.73%+5.40%+12.36%22.50x5.55x+12.62%+4.39%+11.20%+8.43%Strong Buy
18+1.32%-0.96%+5.06%+6.99%15.96x2.96x+22.18%+4.72%+12.03%+21.61%Buy
12+0.34%+1.73%+12.76%+5.57%16.72x4.91x-11.04%+5.29%+11.02%-10.40%Strong Buy
5+0.07%+2.86%+8.83%+40.35%19.49x1.56x+8.33%+4.26%+8.11%+22.14%Strong Buy
20+4.09%+5.21%+8.16%-8.22%16.06x5.13x-9.47%+2.20%+8.85%+11.55%Strong Buy
14-0.44%+1.39%+6.37%+24.13%31.55x8.00x+86.09%+8.39%+16.70%+10.89%Buy
56-0.96%+0.12%+3.19%+29.73%39.30x4.39x+17.15%+5.74%+9.51%+9.96%Buy
42-1.88%+0.26%+7.71%+59.38%-65.07x4.02x+11.62%+5.16%+13.22%+6.63%Strong Buy
27-0.43%+3.15%-0.68%+21.12%13.24x4.81x+46.30%+11.24%+16.44%+8.34%Buy
18-0.44%+0.86%+2.11%+33.21%542.54x6.84x+34.00%+15.32%+27.82%+6.77%Strong Buy
2+0.62%+1.63%+10.03%+10.39%52.88x8.27x+16.99%+4.14%+11.96%-26.14%Hold
20+0.45%+1.58%+1.24%-7.41%20.97x4.13x+24.32%+7.80%+14.92%+10.66%Buy
38+0.77%+5.76%+12.62%+52.65%25.67x1.09x+6.39%+4.10%+6.69%+11.60%Strong Buy
19-1.20%+0.31%+5.85%+33.11%20.67x3.13x+17.27%+8.67%+14.36%+12.66%Buy
16-0.89%+1.16%+3.16%+25.84%12.84x7.57x+20.08%+2.61%+5.07%+17.03%Buy
11-0.71%+1.66%+2.05%+23.19%24.94x4.65x+27.06%+7.76%+10.45%+8.89%Buy
23+0.02%+2.10%+3.72%+42.79%16.28x2.34x+13.74%+6.12%+7.68%+2.49%Buy
24-0.93%-1.21%+0.57%+22.18%21.29x3.04x+25.05%+8.37%+15.08%+12.33%Buy
200-0.23%-0.44%-0.51%+3.44%12.24x-13.64x-26.08%+1.23%-2.37%N/A
39-0.67%+1.20%+2.60%+25.10%34.21x4.91x+27.09%+11.80%+19.73%+9.41%Buy
75-0.97%+0.45%+1.82%+30.04%24.27x5.16x+22.12%+8.74%+16.30%+10.32%Buy
26+0.14%+1.30%-0.25%+4.43%27.78x9.47x+65.42%+8.38%+44.96%+9.84%Buy
12-0.99%+1.71%+0.90%+8.36%-32.55x2.79x+17.30%+8.08%+14.24%+5.43%Buy
19-1.22%+2.88%+6.31%+41.82%27.65x9.59x-57.27%+14.16%+33.21%+9.68%Buy
16-1.30%+1.77%-17.15%+29.49%28.60x3.72x+19.91%+12.89%+19.08%+25.21%Buy
20-0.32%-0.20%+2.39%+19.66%37.35x5.84x+20.29%+5.45%+9.74%+8.71%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 12.75% over the past year, underperforming other industrial stocks by -9 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 15% from Kanzhun's current stock price of $20.87.

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 41.1% over the past year, overperforming other industrial stocks by 20 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 8.11% from Danaos's current stock price of $83.25.

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 -23.77% over the past year, underperforming other industrial stocks by -45 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 11.97% from Resources Connection's current stock price of $11.61.

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 2.12%.

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 22.78%, which is 21 percentage points higher than the industrial sector average of 2.12%.

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 16.56%, which is 14 percentage points higher than the industrial sector average of 2.12%. 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 -0.36% in the last day, and up 1.26% over the last week. 1847 Holdings was the among the top losers in the industrials sector, dropping -29.82% yesterday.

1847 Holdings shares are trading lower after the company announced that it re-engaged Shareholder Intelligence Services to investigate potentially improper and illegal trading activity.

What are the most undervalued industrial stocks?

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

1. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the 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 69.06% in the past year. It has overperformed other stocks in the industrial sector by 48 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 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 -23.77% in the past year. It has underperformed other stocks in the industrial sector by -45 percentage points.

3. Energy Services Of America (NASDAQ:ESOA)


Energy Services Of America (NASDAQ:ESOA) is the third most undervalued industrial stock based on WallStreetZen's Valuation Score. Energy Services Of America 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.

Energy Services Of America's stock has gained 175.69% in the past year. It has overperformed other stocks in the industrial sector by 154 percentage points.

Are industrial stocks a good buy now?

46.65% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 9.21% 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 40.18x.
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.