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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)
SPCB
SUPERCOM LTD
Israel
$2.57M13,291,02821.62%45.94%
BA
BOEING CO
United States
$109.54B613,884,22464.46%1.33%Net SellingNet Selling
TRU
TRANSUNION
United States
$15.23B194,200,00070.55%29.45%Net SellingNet Selling
TISI
TEAM INC
United States
$29.67M4,415,20132.01%67.99%Net BuyingNet Buying
ALPP
ALPINE 4 HOLDINGS INC
United States
$21.30M26,659,2024.05%95.95%
AULT
AULT ALLIANCE INC
United States
$10.46M30,065,3993.85%64.46%Net Buying
OP
OCEANPAL INC
Greece
$19.44M7,448,6011.47%0.00%
SOAR
VOLATO GROUP INC
United States
$44.17M29,251,6291.79%47.13%Net BuyingNet Buying
UGRO
URBAN-GRO INC
United States
$22.79M12,318,76119.48%48.70%Net BuyingNet Selling
WHLM
WILHELMINA INTERNATIONAL INC
United States
$22.85M5,157,3440.03%99.97%
AZUL
AZUL SA
Brazil
$752.73M1,264,588,4661.90%0.00%
XPON
EXPION360 INC
United States
$14.50M7,036,9372.75%33.32%Net Selling
SHIP
SEANERGY MARITIME HOLDINGS CORP
Greece
$204.22M19,636,3526.10%14.00%
SATL
SATELLOGIC INC
United States
$127.33M90,303,98521.04%0.66%
QRHC
QUEST RESOURCE HOLDING CORP
United States
$200.28M20,229,8213.88%96.12%Net BuyingNet Buying
EPOW
SUNRISE NEW ENERGY CO LTD
China
$18.51M25,361,5500.02%0.00%
FREY
FREYR BATTERY INC
United States
$266.84M139,705,23435.25%25.47%
UP
WHEELS UP EXPERIENCE INC
United States
$1.65B697,303,15944.92%55.08%Net SellingNet Selling
SEPA
SEP ACQUISITION CORP
United States
$62.71M5,752,7844.27%95.73%
DSGR
DISTRIBUTION SOLUTIONS GROUP INC
United States
$1.60B46,808,80142.90%57.10%Net BuyingNet Buying
TBI
TRUEBLUE INC
United States
$343.30M30,569,64191.79%8.21%Net SellingNet Selling
CETY
CLEAN ENERGY TECHNOLOGIES INC
United States
$58.02M42,665,2480.43%0.00%
FSTR
FOSTER L B CO
United States
$315.75M10,963,71143.01%56.99%Net BuyingNet Selling
MRCY
MERCURY SYSTEMS INC
United States
$1.71B59,345,99873.44%26.56%Net BuyingNet Buying
MOND
MONDEE HOLDINGS INC
United States
$186.33M85,474,45911.45%88.55%Net SellingNet Selling
GBBK
GLOBAL BLOCKCHAIN ACQUISITION CORP
United States
$77.84M7,191,88033.56%59.96%
DCO
DUCOMMUN INC
United States
$833.39M14,716,33886.40%9.87%Net SellingNet Selling
PWUP
POWERUP ACQUISITION CORP
United States
$100.70M8,991,22919.90%79.94%
NPAB
NEW PROVIDENCE ACQUISITION CORP II
United States
$124.62M11,517,87545.36%26.05%
TGAA
TARGET GLOBAL ACQUISITION I CORP
Cayman Islands
$105.07M9,306,63519.37%80.63%
SBXC
SILVERBOX CORP III
United States
$182.07M17,250,00078.38%0.00%
DPCS
DP CAP ACQUISITION CORP I
United States
$80.76M7,249,99748.16%51.84%
HIHO
HIGHWAY HOLDINGS LTD
Hong Kong
$8.78M4,219,0004.98%8.11%
AACT
ARES ACQUISITION CORP II
United States
$664.06M62,500,00073.78%0.00%
INTE
INTEGRAL ACQUISITION CORP 1
United States
$44.68M4,073,34121.48%69.35%
EOSE
EOS ENERGY ENTERPRISES INC
United States
$145.90M202,645,71646.82%14.34%Net SellingNet Buying
ISRL
ISRAEL ACQUISITIONS CORP
United States
$87.68M8,022,11586.38%13.62%
VMCA
VALUENCE MERGER CORP I
United States
$134.00M11,713,20849.32%0.00%
BV
BRIGHTVIEW HOLDINGS INC
United States
$1.18B94,500,00032.55%67.45%Net SellingNet Buying
SKGR
SK GROWTH OPPORTUNITIES CORP
United States
$169.33M15,296,59773.81%0.00%
DLHC
DLH HOLDINGS CORP
United States
$155.42M14,232,89139.22%60.78%Net BuyingNet Selling
GTEC
GREENLAND TECHNOLOGIES HOLDING CORP
China
$19.98M13,594,5305.64%54.23%Net Buying
BEST
BEST INC
China
$39.75M403,514,3990.25%0.00%
BLEU
BLEUACACIA LTD
United States
$80.92M7,555,49615.23%41.16%
BWAQ
BLUE WORLD ACQUISITION CORP
United States
$74.28M6,602,24650.45%28.78%Net Selling
EMLD
FTAC EMERALD ACQUISITION CORP
United States
$152.39M14,349,10685.17%14.83%
RENE
CARTESIAN GROWTH CORP II
United States
$242.58M21,620,55972.02%26.60%
PLAO
PATRIA LATIN AMERICAN OPPORTUNITY ACQUISITION CORP
United States
$257.08M22,630,48172.31%0.00%
CSLM
CSLM ACQUISITION CORP
Cayman Islands
$105.82M9,515,93646.80%0.00%
KBR
KBR INC
United States
$8.89B134,275,64145.59%54.41%Net SellingNet Selling
TENK
TENX KEANE ACQUISITION
United States
$74.51M6,653,07764.65%35.35%
FER
FERROVIAL SE
Netherlands
N/A726,309,0080.00%0.00%
PPYA
PAPAYA GROWTH OPPORTUNITY CORP I
United States
$95.17M8,239,40411.88%88.12%
EDRY
EURODRY LTD
Greece
$61.82M2,832,4172.44%0.00%
GEO
GEO GROUP INC
United States
$1.78B136,306,14670.34%1.81%Net SellingNet Selling
SMHI
SEACOR MARINE HOLDINGS INC
United States
$355.79M27,602,03258.13%17.59%Net SellingNet Selling
SKYH
SKY HARBOUR GROUP CORP
United States
$845.55M66,421,47812.57%87.43%
POLA
POLAR POWER INC
United States
$7.27M17,561,61219.10%35.44%
TUSK
MAMMOTH ENERGY SERVICES INC
United States
$157.95M48,008,31930.37%69.63%Net SellingNet Buying
BW
BABCOCK & WILCOX ENTERPRISES INC
United States
$108.30M91,012,04523.83%76.17%Net BuyingNet Buying
SFL
SFL CORP LTD
Bermuda
$1.97B137,467,07828.82%0.00%
MPU
MEGA MATRIX CORP
United States
$66.92M35,978,5812.86%7.84%
HHS
HARTE HANKS INC
United States
$51.19M7,240,9059.43%90.57%Net BuyingNet Buying
BKYI
BIO KEY INTERNATIONAL INC
United States
$1.22M762,8701.44%98.56%Net Buying
VVX
V2X INC
United States
$1.48B31,459,02043.95%56.05%Net SellingNet Selling
AMBI
AMBIPAR EMERGENCY RESPONSE
Brazil
$198.44M55,429,8511.32%0.09%
JYD
JAYUD GLOBAL LOGISTICS LTD
China
$16.87M21,352,2230.48%0.00%
CXW
CORECIVIC INC
United States
$1.69B111,256,72886.06%8.75%Net SellingNet Selling
SABR
SABRE CORP
United States
$1.15B381,932,36569.16%30.84%Net BuyingNet Buying
RAIL
FREIGHTCAR AMERICA INC
United States
$65.11M18,710,58622.12%52.86%Net BuyingNet Buying
PAL
PROFICIENT AUTO LOGISTICS INC
United States
N/A24,112,9650.00%21.07%Net BuyingNet Buying
FIP
FTAI INFRASTRUCTURE INC
United States
$816.60M101,693,82375.36%12.40%Net Buying
SPPL
SIMPPLE LTD
Singapore
N/A16,088,6610.01%0.00%
ARTW
ARTS WAY MANUFACTURING CO INC
United States
$9.48M5,068,2082.12%97.88%Net Buying
TPIC
TPI COMPOSITES INC
United States
$184.18M47,468,50341.14%58.86%Net SellingNet Selling
MNTS
MOMENTUS INC
United States
$3.65M6,562,2214.59%95.41%Net SellingNet Selling
MG
MISTRAS GROUP INC
United States
$279.63M30,966,97346.41%39.58%Net SellingNet Selling
EVEX
EVE HOLDING INC
United States
$1.43B269,365,7081.46%91.94%Net BuyingNet Buying
MCAG
MOUNTAIN CREST ACQUISITION CORP V
United States
$33.76M3,170,22110.24%89.76%
GLST
GLOBAL STAR ACQUISITION INC
United States
$88.11M8,061,15962.60%0.00%
RRX
REGAL REXNORD CORP
United States
$10.79B66,518,76297.63%2.37%Net SellingNet Selling
APCA
AP ACQUISITION CORP
Cayman Islands
$177.86M15,615,03466.12%0.00%
PLMJ
PLUM ACQUISITION CORP III
United States
$244.45M22,644,90925.45%0.00%
KSCP
KNIGHTSCOPE INC
United States
$42.61M102,668,0814.39%14.61%Net Buying
SHIM
SHIMMICK CORP
United States
$93.09M25,575,3446.92%86.78%Net Buying
SST
SYSTEM1 INC
United States
$140.56M90,105,57410.04%89.96%Net BuyingNet Selling
EVGR
EVERGREEN CORP
United States
$124.30M10,903,17052.59%47.41%
FORR
FORRESTER RESEARCH INC
United States
$369.34M19,107,00055.76%41.31%Net SellingNet Selling
ROCL
ROTH CH ACQUISITION V CO
United States
$53.62M4,919,29722.55%77.45%Net Selling
BCSA
BLOCKCHAIN COINVESTORS ACQUISITION CORP I
Cayman Islands
$150.53M13,433,79414.59%39.37%
JVSA
JVSPAC ACQUISITION CORP
Hong Kong
$77.63M7,686,2500.00%6.05%
APG
API GROUP CORP
United States
$10.10B274,286,98166.76%21.30%Net SellingNet Buying
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
Hong Kong
$27.00M11,250,0000.00%0.00%
BOWN
BOWEN ACQUISITION CORP
United States
$96.25M9,166,50067.13%22.34%
ZIM
ZIM INTEGRATED SHIPPING SERVICES LTD
United States
$2.27B120,286,62721.45%0.00%
CHNR
CHINA NATURAL RESOURCES INC
Hong Kong
$8.98M9,865,7670.02%8.51%
GMFI
AETHERIUM ACQUISITION CORP
United States
$63.10M5,539,79145.67%36.21%Net SellingNet Selling
NETD
NABORS ENERGY TRANSITION CORP II
United States
$402.41M38,125,00077.08%0.00%Net Buying
IDEX
IDEANOMICS INC
United States
$12.63M11,972,3462.18%97.82%Net Buying
SRCL
STERICYCLE INC
United States
$4.31B92,785,31596.80%3.20%Net SellingNet Selling

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.