Sectors & IndustriesIndustrials
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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
GIFI	GULF ISLAND FABRICATION INC	$109.42M	N/A	0.00%	$0.0100	N/A	N/A	1
NETD	NABORS ENERGY TRANSITION CORP II	$403.36M	N/A	0.00%	N/A	N/A	N/A	N/A
ACM	AECOM	$12.67B	0.86%	-888.90%	$0.2200	$0.80	16%	0
NNBR	NN INC	$172.02M	N/A	0.00%	$0.0700	N/A	N/A	0
SVT	SERVOTRONICS INC	$31.92M	N/A	0.00%	$0.1600	N/A	N/A	0
BUJA	BUKIT JALIL GLOBAL ACQUISITION 1 LTD	$82.20M	N/A	0.00%	N/A	N/A	N/A	N/A
IDEX	IDEANOMICS INC	$12.33M	N/A	0.00%	N/A	N/A	N/A	N/A
APXI	APX ACQUISITION CORP I	$113.77M	N/A	0.00%	N/A	N/A	N/A	N/A
TPCS	TECHPRECISION CORP	$36.87M	N/A	0.00%	N/A	N/A	N/A	N/A
TGI	TRIUMPH GROUP INC	$1.10B	N/A	0.00%	$0.0400	N/A	N/A	0
SGLY	SINGULARITY FUTURE TECHNOLOGY LTD	$16.22M	N/A	0.00%	N/A	N/A	N/A	N/A
CACO	CARAVELLE INTERNATIONAL GROUP	$36.00M	N/A	0.00%	N/A	N/A	N/A	N/A
SMXT	SOLARMAX TECHNOLOGY INC	$533.01M	N/A	0.00%	N/A	N/A	N/A	N/A
SIDU	SIDUS SPACE INC	$14.01M	N/A	0.00%	N/A	N/A	N/A	N/A
FLYX	FLYEXCLUSIVE INC	$419.46M	N/A	N/A	N/A	N/A	N/A	N/A
LOAR	LOAR HOLDINGS INC	N/A	N/A	0.00%	N/A	N/A	N/A	N/A
NEOV	NEOVOLTA INC	$90.07M	N/A	0.00%	N/A	N/A	N/A	N/A
HYFM	HYDROFARM HOLDINGS GROUP INC	$42.36M	N/A	0.00%	N/A	N/A	N/A	N/A
USEA	UNITED MARITIME CORP	$22.95M	N/A	750.00%	N/A	N/A	N/A	N/A
ZOOZ	ZOOZ POWER LTD	$16.02M	N/A	0.00%	N/A	N/A	N/A	N/A
CLBR	COLOMBIER ACQUISITION CORP II	$219.94M	N/A	0.00%	N/A	N/A	N/A	N/A
SRFM	SURF AIR MOBILITY INC	$34.09M	N/A	0.00%	N/A	N/A	N/A	N/A
VSME	VS MEDIA HOLDINGS LTD	$8.43M	N/A	0.00%	N/A	N/A	N/A	N/A
STI	SOLIDION TECHNOLOGY INC	$163.26M	N/A	N/A	N/A	N/A	N/A	N/A
STAF	STAFFING 360 SOLUTIONS INC	$2.07M	N/A	0.00%	$0.6000	N/A	N/A	0
RVSN	RAIL VISION LTD	$3.15M	N/A	0.00%	N/A	N/A	N/A	N/A
SIF	SIFCO INDUSTRIES INC	$19.50M	N/A	0.00%	$0.2000	N/A	N/A	0
NXU	NXU INC	$188.74k	N/A	0.00%	N/A	N/A	N/A	N/A
SERV	SERVE ROBOTICS INC	N/A	N/A	0.00%	N/A	N/A	N/A	N/A
AIRI	AIR INDUSTRIES GROUP	$21.19M	N/A	0.00%	$1.5000	N/A	N/A	0
SPKL	SPARK I ACQUISITION CORP	$169.23M	N/A	0.00%	N/A	N/A	N/A	N/A
IPDN	PROFESSIONAL DIVERSITY NETWORK INC	$12.02M	N/A	0.00%	N/A	N/A	N/A	N/A
RR	RICHTECH ROBOTICS INC	$89.93M	N/A	N/A	N/A	N/A	N/A	N/A
SGBX	SAFE & GREEN HOLDINGS CORP	$6.10M	N/A	0.00%	N/A	N/A	N/A	N/A
ATS	ATS CORP	$3.31B	N/A	N/A	N/A	N/A	N/A	N/A
UHAL	U-HAUL HOLDING CO	$13.55B	N/A	0.00%	$0.0500	N/A	N/A	3
AWX	AVALON HOLDINGS CORP	$8.46M	N/A	0.00%	N/A	N/A	N/A	N/A
BAYA	BAYVIEW ACQUISITION CORP	$78.72M	N/A	0.00%	N/A	N/A	N/A	N/A
MWG	MULTI WAYS HOLDINGS LTD	$9.53M	N/A	0.00%	N/A	N/A	N/A	N/A
SP	SP PLUS CORP	$1.06B	N/A	0.00%	N/A	N/A	N/A	N/A
WS	WORTHINGTON STEEL INC	$1.61B	N/A	N/A	N/A	N/A	N/A	N/A
AP	AMPCO PITTSBURGH CORP	$37.35M	N/A	0.00%	$0.0900	N/A	N/A	1
BEEP	MOBILE INFRASTRUCTURE CORP	$105.30M	N/A	0.00%	N/A	N/A	N/A	N/A
WEL	INTEGRATED WELLNESS ACQUISITION CORP	$81.85M	N/A	0.00%	N/A	N/A	N/A	N/A
CCTS	CACTUS ACQUISITION CORP 1 LTD	$58.61M	N/A	0.00%	N/A	N/A	N/A	N/A
CFFS	CF ACQUISITION CORP VII	$111.44M	N/A	0.00%	N/A	N/A	N/A	N/A
PRLH	PEARL HOLDINGS ACQUISITION CORP	$77.84M	N/A	0.00%	N/A	N/A	N/A	N/A
AIRT	AIR T INC	$70.31M	N/A	0.00%	N/A	N/A	N/A	N/A
MACA	MORINGA ACQUISITION CORP	$43.11M	N/A	0.00%	N/A	N/A	N/A	N/A
ALCC	ALTC ACQUISITION CORP	$653.83M	N/A	0.00%	N/A	N/A	N/A	N/A
IPXX	INFLECTION POINT ACQUISITION CORP II	$328.47M	N/A	0.00%	N/A	N/A	N/A	N/A
GHIX	GORES HOLDINGS IX INC	$202.28M	N/A	0.00%	N/A	N/A	N/A	N/A
GODN	GOLDEN STAR ACQUISITION CORP	$96.20M	N/A	0.00%	N/A	N/A	N/A	N/A
MESA	MESA AIR GROUP INC	$37.75M	N/A	0.00%	N/A	N/A	N/A	N/A
TBMC	TRAILBLAZER MERGER CORP I	$97.23M	N/A	0.00%	N/A	N/A	N/A	N/A
NFYS	ENPHYS ACQUISITION CORP	$162.07M	N/A	N/A	N/A	N/A	N/A	N/A
SPEC	SPECTAIRE HOLDINGS INC	$8.15M	N/A	0.00%	N/A	N/A	N/A	N/A
HRT	HIRERIGHT HOLDINGS CORP	$965.17M	N/A	0.00%	N/A	N/A	N/A	N/A
PIXY	SHIFTPIXY INC	$12.08M	N/A	0.00%	N/A	N/A	N/A	N/A
CBRG	CHAIN BRIDGE I	$75.66M	N/A	0.00%	N/A	N/A	N/A	N/A
TOPS	TOP SHIPS INC	$57.89M	N/A	0.00%	N/A	N/A	N/A	N/A
AAN	AARON's COMPANY INC	$228.16M	N/A	-32.10%	$0.1125	N/A	N/A	0
RFIL	R F INDUSTRIES LTD	$30.96M	N/A	0.00%	$0.0200	N/A	N/A	1
AGFY	AGRIFY CORP	$3.89M	N/A	0.00%	N/A	N/A	N/A	N/A
TMTC	TMT ACQUISITION CORP	$88.40M	N/A	0.00%	N/A	N/A	N/A	N/A
NVAC	NORTHVIEW ACQUISITION CORP	$69.31M	N/A	0.00%	N/A	N/A	N/A	N/A
GLLI	GLOBALINK INVESTMENT INC	$66.92M	N/A	0.00%	N/A	N/A	N/A	N/A
DIST	DISTOKEN ACQUISITION CORP	$68.93M	N/A	0.00%	N/A	N/A	N/A	N/A
KNOP	KNOT OFFSHORE PARTNERS LP	$182.48M	1.94%	-8.70%	$0.0260	$0.10	41%	1
LIND	LINDBLAD EXPEDITIONS HOLDINGS INC	$389.19M	N/A	0.00%	N/A	N/A	N/A	N/A
JTAI	JETAI INC	$8.42M	N/A	0.00%	N/A	N/A	N/A	N/A
HA	HAWAIIAN HOLDINGS INC	$694.78M	N/A	0.00%	$0.1200	N/A	N/A	0
SPR	SPIRIT AEROSYSTEMS HOLDINGS INC	$3.55B	N/A	0.00%	$0.0100	N/A	N/A	1
ATMV	ALPHAVEST ACQUISITION CORP	$77.21M	N/A	0.00%	N/A	N/A	N/A	N/A
BURU	NUBURU INC	$4.99M	N/A	0.00%	N/A	N/A	N/A	N/A
ISPO	INSPIRATO INC	$25.53M	N/A	0.00%	N/A	N/A	N/A	N/A
QUAD	QUAD/GRAPHICS INC	$248.26M	1.05%	-4.00%	$0.0500	$0.05	20%	2	2024-05-21	2024-06-07
AFAR	AURA FAT PROJECTS ACQUISITION CORP	$65.07M	N/A	0.00%	N/A	N/A	N/A	N/A
FBYD	FALCON's BEYOND GLOBAL INC	$1.34B	N/A	0.00%	N/A	N/A	N/A	N/A
VVI	VIAD CORP	$734.63M	N/A	0.00%	$0.1000	N/A	N/A	0
TWLV	TWELVE SEAS INVESTMENT CO II	$139.34M	N/A	0.00%	N/A	N/A	N/A	N/A
AZ	A2Z SMART TECHNOLOGIES CORP	$13.94M	N/A	0.00%	N/A	N/A	N/A	N/A
GRIN	GRINDROD SHIPPING HOLDINGS LTD	$271.46M	N/A	-342.40%	$0.8400	N/A	N/A	1
YYGH	YY GROUP HOLDING LTD	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PCT	PURECYCLE TECHNOLOGIES INC	$796.81M	N/A	0.00%	N/A	N/A	N/A	N/A
VSTS	VESTIS CORP	$1.51B	N/A	N/A	N/A	N/A	N/A	N/A
EFSH	1847 HOLDINGS LLC	$12.07M	N/A	0.00%	$3.2750	N/A	N/A	2
AMBI	AMBIPAR EMERGENCY RESPONSE	$220.33M	N/A	N/A	N/A	N/A	N/A	N/A
ENG	ENGLOBAL CORP	$8.41M	N/A	0.00%	N/A	N/A	N/A	N/A
IROH	IRON HORSE ACQUISITIONS CORP	$89.11M	N/A	0.00%	N/A	N/A	N/A	N/A
ATCH	ATLASCLEAR HOLDINGS INC	$8.32M	N/A	0.00%	N/A	N/A	N/A	N/A
COOL	CORNER GROWTH ACQUISITION CORP	$117.53M	N/A	0.00%	N/A	N/A	N/A	N/A
GEV	GE VERNOVA INC	$45.85B	N/A	N/A	N/A	N/A	N/A	N/A
RXO	RXO INC	$2.43B	N/A	0.00%	N/A	N/A	N/A	N/A
IRAA	IRIS ACQUISITION CORP	$75.54M	N/A	0.00%	N/A	N/A	N/A	N/A
ASTR	ASTRA SPACE INC	$13.60M	N/A	0.00%	N/A	N/A	N/A	N/A
ASCB	ASPAC II ACQUISITION CORP	$80.92M	N/A	0.00%	N/A	N/A	N/A	N/A
PUCK	GOAL ACQUISITIONS CORP	$80.70M	N/A	0.00%	N/A	N/A	N/A	N/A
KVAC	KEEN VISION ACQUISITION CORP	$203.79M	N/A	0.00%	N/A	N/A	N/A	N/A
EAF	GRAFTECH INTERNATIONAL LTD	$442.33M	0.58%	-0.90%	$0.0100	$0.01	10%	2

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	72	-0.30%	+1.38%	+4.98%	+13.30%	22.86x	5.57x	+12.50%	+4.40%	+11.11%	+7.18%	Buy
Airlines	18	-0.02%	-0.37%	+0.26%	+7.08%	15.84x	2.93x	+22.29%	+4.75%	+12.08%	+22.89%	Buy
Airports & Air Services	12	-0.32%	+2.21%	+8.98%	+5.79%	16.85x	4.89x	-9.44%	+5.37%	+11.20%	-10.08%	Strong Buy
Business Equipment & Supplies	5	-0.33%	+3.36%	+7.04%	+39.53%	19.50x	1.56x	+8.33%	+4.25%	+8.10%	+22.10%	Strong Buy
Conglomerates	20	-3.01%	+0.37%	+2.53%	-13.09%	16.07x	5.11x	-9.34%	+2.22%	+8.88%	+12.84%	Strong Buy
Consulting Services	14	+0.78%	+4.28%	+4.96%	+25.23%	31.85x	8.03x	+86.53%	+8.42%	+16.76%	+10.37%	Buy
Electrical Equipment & Parts	56	-0.63%	+2.12%	+4.15%	+32.19%	39.60x	4.40x	+17.48%	+5.86%	+10.31%	+9.25%	Buy
Engineering & Construction	42	+0.47%	+5.28%	+8.44%	+63.31%	-65.43x	4.08x	+11.74%	+5.20%	+13.29%	+4.67%	Strong Buy
Farm & Heavy Construction Machinery	27	+0.28%	+4.60%	-2.93%	+19.39%	13.23x	4.82x	+46.23%	+11.24%	+16.44%	+7.85%	Buy
Industrial Distribution	18	+0.37%	+2.63%	-0.80%	+33.98%	548.17x	6.88x	+34.05%	+15.34%	+27.85%	+6.36%	Strong Buy
Infrastructure Operations	2	-0.52%	+3.33%	+7.34%	+10.30%	52.55x	8.21x	+16.99%	+4.13%	+11.96%	-25.68%	Hold
Integrated Freight & Logistics	20	+0.70%	+1.16%	-1.31%	-8.05%	20.73x	4.09x	+24.27%	+7.79%	+14.92%	+10.62%	Buy
Marine Shipping	38	-0.12%	+4.72%	+10.24%	+52.62%	25.76x	1.08x	+6.64%	+4.20%	+6.85%	+11.98%	Strong Buy
Metal Fabrication	19	-0.11%	+2.35%	+5.50%	+34.35%	20.98x	3.17x	+17.29%	+8.68%	+14.38%	+11.29%	Buy
Pollution & Treatment Controls	16	+0.69%	+3.92%	+4.32%	+26.83%	13.06x	7.62x	+20.11%	+2.64%	+5.11%	+16.23%	Buy
Railroads	11	+0.73%	+2.28%	+0.80%	+25.12%	25.09x	4.67x	+27.04%	+7.76%	+10.44%	+8.29%	Buy
Rental & Leasing Services	23	+0.41%	+3.93%	+1.05%	+43.28%	16.46x	2.35x	+14.64%	+6.14%	+7.68%	+2.64%	Buy
Security & Protection Services	24	-0.56%	+1.38%	-0.92%	+24.04%	21.42x	3.05x	+25.01%	+8.38%	+15.08%	+12.04%	Buy
Shell Companies	202	-0.07%	+0.10%	-0.44%	+4.10%	14.65x	-14.30x	-28.30%	+1.22%	-1.85%	N/A
Specialty Business Services	39	+0.43%	+2.80%	+2.07%	+25.70%	34.51x	4.95x	+27.17%	+11.82%	+19.77%	+8.64%	Buy
Specialty Industrial Machinery	75	+0.16%	+2.79%	+0.82%	+31.29%	24.61x	5.22x	+22.03%	+8.71%	+16.25%	+9.31%	Buy
Staffing & Employment Services	26	+0.48%	+1.64%	-1.94%	+4.41%	27.56x	9.40x	+65.64%	+8.35%	+44.97%	+9.92%	Buy
Tools & Accessories	12	+0.96%	+4.49%	-0.35%	+9.77%	-32.13x	2.81x	+17.44%	+8.13%	+14.32%	+3.63%	Buy
Travel Services	19	+0.55%	+4.97%	+4.57%	+43.12%	27.60x	9.56x	-59.11%	+14.18%	+33.53%	+8.26%	Buy
Trucking	16	+0.55%	+2.61%	-16.47%	+29.60%	29.49x	3.77x	+19.98%	+12.92%	+19.13%	+23.58%	Buy
Waste Management	20	+0.33%	+2.00%	+0.72%	+20.34%	37.54x	5.86x	+20.55%	+5.47%	+9.80%	+8.38%	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 20.35% over the past year, underperforming other industrial stocks by -1 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 15.61% from Kanzhun's current stock price of $20.76.

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 46.12% over the past year, overperforming other industrial stocks by 25 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 8.67% from Danaos's current stock price of $82.82.

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 -23.8% 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 15.04% from Resources Connection's current stock price of $11.30.

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 2.11%.

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 26.32%, which is 24 percentage points higher than the industrial sector average of 2.11%.

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 17.05%, which is 15 percentage points higher than the industrial sector average of 2.11%. 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 -0.05% in the last day, and up 2.68% over the last week. Evolv Technologies Holdings was the among the top losers in the industrials sector, dropping -38.54% yesterday.

Evolv Technologies Holdings shares are trading lower after the company reported worse-than-expected Q1 financial results and lowered its FY24 sales guidance below estimates.

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 -23.8% in the past year. It has underperformed other stocks in the industrial sector by -45 percentage points.

2. Energy Services Of America (NASDAQ:ESOA)

Energy Services Of America (NASDAQ:ESOA) is the second 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 186.13% in the past year. It has overperformed other stocks in the industrial sector by 165 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 63.49% in the past year. It has overperformed other stocks in the industrial sector by 42 percentage points.

Are industrial stocks a good buy now?

46.06% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 8.37% 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 40.58x.

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.