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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)
TGI
TRIUMPH GROUP INC
United States
$1.13B76,866,07491.99%8.01%Net SellingNet Selling
ACM
AECOM
United States
$12.52B136,127,40081.19%18.81%Net SellingNet Selling
HTLD
HEARTLAND EXPRESS INC
United States
$916.99M79,051,07023.78%76.22%Net BuyingNet Buying
SGLY
SINGULARITY FUTURE TECHNOLOGY LTD
United States
$15.57M3,451,5553.33%96.67%
BUJA
BUKIT JALIL GLOBAL ACQUISITION 1 LTD
Malaysia
$82.20M7,761,80773.47%23.99%
SVT
SERVOTRONICS INC
United States
$31.92M2,548,6737.80%92.20%Net SellingNet Selling
TPCS
TECHPRECISION CORP
United States
$36.78M8,777,43213.20%86.80%Net Buying
GIFI
GULF ISLAND FABRICATION INC
United States
$108.77M16,282,52122.71%77.29%Net SellingNet Selling
JBLU
JETBLUE AIRWAYS CORP
United States
$2.05B340,135,05070.93%29.07%Net SellingNet Selling
NNBR
NN INC
United States
$175.02M50,004,84552.82%30.11%Net BuyingNet Buying
APXI
APX ACQUISITION CORP I
Cayman Islands
$113.87M9,910,12451.88%17.86%
FLYX
FLYEXCLUSIVE INC
United States
$406.23M77,822,0211.60%81.96%Net BuyingNet Buying
CACO
CARAVELLE INTERNATIONAL GROUP
Singapore
$51.00M50,000,0000.24%6.18%
SMXT
SOLARMAX TECHNOLOGY INC
United States
$537.09M45,247,4470.00%0.00%
SIDU
SIDUS SPACE INC
United States
$13.05M4,181,3440.64%99.36%Net Buying
SGBX
SAFE & GREEN HOLDINGS CORP
United States
$5.68M1,218,0814.95%95.05%Net Buying
SLND
SOUTHLAND HOLDINGS INC
United States
$221.40M48,025,6882.05%97.95%Net SellingNet Selling
RVSN
RAIL VISION LTD
Israel
$3.15M2,998,2782.34%0.00%
VSME
VS MEDIA HOLDINGS LTD
Hong Kong
$8.05M22,000,0000.92%0.00%
ESGL
ESGL HOLDINGS LTD
Singapore
$13.34M22,998,0394.91%20.27%
WS
WORTHINGTON STEEL INC
United States
$1.60B50,383,24245.21%1.56%Net SellingNet Selling
CLBR
COLOMBIER ACQUISITION CORP II
United States
$219.81M21,250,00071.58%0.00%
UHAL
U-HAUL HOLDING CO
United States
$13.43B196,077,88035.74%26.19%Net SellingNet Selling
SP
SP PLUS CORP
United States
$1.06B19,798,88423.53%76.47%Net Selling
AP
AMPCO PITTSBURGH CORP
United States
$37.15M19,865,74940.75%59.25%Net BuyingNet Selling
NEOV
NEOVOLTA INC
United States
$96.72M33,236,0915.11%14.84%
BEEP
MOBILE INFRASTRUCTURE CORP
United States
$105.90M30,000,00017.51%82.49%Net BuyingNet Buying
HYFM
HYDROFARM HOLDINGS GROUP INC
United States
$42.31M45,794,69120.21%16.36%Net SellingNet Selling
USEA
UNITED MARITIME CORP
Greece
$22.95M8,694,6301.67%0.00%
ZOOZ
ZOOZ POWER LTD
Israel
$15.96M5,912,22337.09%56.92%
SRFM
SURF AIR MOBILITY INC
United States
$37.88M80,772,4319.67%9.32%Net Buying
STI
SOLIDION TECHNOLOGY INC
United States
$175.71M73,211,0001.77%97.28%
STAF
STAFFING 360 SOLUTIONS INC
United States
$2.19M7,812,1002.62%97.38%
SIF
SIFCO INDUSTRIES INC
United States
$19.50M6,189,71616.57%55.12%
NXU
NXU INC
United States
$191.04k459,2320.02%99.98%Net Selling
BAYA
BAYVIEW ACQUISITION CORP
United States
$78.79M7,732,50067.50%19.40%
AWX
AVALON HOLDINGS CORP
United States
$9.07M3,899,4318.05%86.72%
SERV
SERVE ROBOTICS INC
United States
N/A37,074,7660.00%2.66%Net BuyingNet Buying
AIRI
AIR INDUSTRIES GROUP
United States
$22.88M3,315,3682.01%97.99%Net BuyingNet Buying
LOAR
LOAR HOLDINGS INC
United States
N/A88,000,0000.00%100.00%Net BuyingNet Buying
ATS
ATS CORP
Canada
$3.32B98,204,17176.40%0.00%
MWG
MULTI WAYS HOLDINGS LTD
Singapore
$9.44M30,840,0000.65%0.00%
RR
RICHTECH ROBOTICS INC
United States
$87.96M65,642,2560.01%1.83%
IPDN
PROFESSIONAL DIVERSITY NETWORK INC
United States
$11.68M11,452,0081.68%98.32%Net Selling
SPKL
SPARK I ACQUISITION CORP
United States
$169.31M16,422,07855.87%0.00%
SPEC
SPECTAIRE HOLDINGS INC
United States
$8.59M15,344,8643.15%81.08%Net Selling
TBMC
TRAILBLAZER MERGER CORP I
United States
$97.41M9,019,49960.43%39.57%
GODN
GOLDEN STAR ACQUISITION CORP
United States
$96.20M8,932,00061.25%38.75%
WEL
INTEGRATED WELLNESS ACQUISITION CORP
United States
$81.85M7,130,11754.85%6.29%
IPXX
INFLECTION POINT ACQUISITION CORP II
United States
$328.53M31,250,00076.96%0.00%
GHIX
GORES HOLDINGS IX INC
United States
$202.28M19,154,97797.91%2.09%
CFFS
CF ACQUISITION CORP VII
United States
$111.44M10,280,13475.01%24.99%
PIXY
SHIFTPIXY INC
United States
$11.82M6,755,6860.04%99.96%
CCTS
CACTUS ACQUISITION CORP 1 LTD
United States
$56.84M5,074,87118.05%81.95%Net Selling
PRLH
PEARL HOLDINGS ACQUISITION CORP
United States
$77.84M7,167,69324.86%14.61%Net Selling
AIRT
AIR T INC
United States
$72.29M2,821,5044.91%95.09%
HRT
HIRERIGHT HOLDINGS CORP
United States
$965.17M67,352,96126.63%73.37%Net Selling
KCGI
KENSINGTON CAPITAL ACQUISITION CORP V
United States
$125.18M11,442,73336.06%0.00%
MESA
MESA AIR GROUP INC
United States
$36.81M40,940,32613.34%4.63%Net SellingNet Buying
NFYS
ENPHYS ACQUISITION CORP
United States
$162.07M14,882,79164.48%33.56%
MACA
MORINGA ACQUISITION CORP
United States
$44.12M3,870,0186.87%93.13%Net Selling
LIND
LINDBLAD EXPEDITIONS HOLDINGS INC
United States
$410.06M53,533,13252.54%47.46%Net BuyingNet Buying
NVAC
NORTHVIEW ACQUISITION CORP
United States
$75.34M6,027,2195.86%94.14%
RFIL
R F INDUSTRIES LTD
United States
$30.86M10,495,54823.14%32.97%Net Buying
TMTC
TMT ACQUISITION CORP
United States
$88.40M8,140,00073.39%21.09%
DIST
DISTOKEN ACQUISITION CORP
China
$68.93M6,429,69259.24%35.30%
KNOP
KNOT OFFSHORE PARTNERS LP
United Kingdom
$182.48M34,045,08119.35%0.00%
CBRG
CHAIN BRIDGE I
United States
$75.61M6,756,68357.78%14.66%Net Selling
AAN
AARON's COMPANY INC
United States
$230.61M30,625,54891.08%4.23%Net BuyingNet Selling
ATMV
ALPHAVEST ACQUISITION CORP
United States
$77.21M7,006,32955.29%44.71%
JTAI
JETAI INC
Cayman Islands
$8.31M12,205,1444.06%9.38%Net Selling
SPR
SPIRIT AEROSYSTEMS HOLDINGS INC
United States
$3.53B116,552,20392.50%3.16%Net SellingNet Selling
HA
HAWAIIAN HOLDINGS INC
United States
$691.66M51,848,90654.52%45.48%Net Selling
TOPS
TOP SHIPS INC
Greece
$56.67M4,626,1970.42%1.63%
AGFY
AGRIFY CORP
United States
$4.06M13,729,3860.67%50.30%Net BuyingNet Buying
ISPO
INSPIRATO INC
United States
$25.80M6,547,0031.19%98.81%Net SellingNet Selling
VVI
VIAD CORP
United States
$749.42M21,128,16189.53%9.26%Net SellingNet Selling
TWLV
TWELVE SEAS INVESTMENT CO II
United States
$140.90M12,998,5349.60%71.43%
GRIN
GRINDROD SHIPPING HOLDINGS LTD
Singapore
$270.87M19,685,5901.10%21.99%
AFAR
AURA FAT PROJECTS ACQUISITION CORP
Singapore
$65.07M5,781,69651.92%0.00%
AZ
A2Z SMART TECHNOLOGIES CORP
Canada
$16.90M38,399,4404.48%0.00%
QUAD
QUAD/GRAPHICS INC
United States
$244.63M51,938,21034.16%18.79%Net SellingNet Selling
BURU
NUBURU INC
United States
$5.24M36,932,4031.29%30.75%Net Selling
FBYD
FALCON's BEYOND GLOBAL INC
United States
$1.34B137,413,2460.26%99.74%
COOL
CORNER GROWTH ACQUISITION CORP
United States
$117.53M10,336,5890.93%99.07%
RXO
RXO INC
United States
$2.47B117,548,46585.28%14.72%Net BuyingNet Buying
GEV
GE VERNOVA INC
United States
$44.27B274,085,5230.00%0.02%
EFSH
1847 HOLDINGS LLC
United States
$8.47M5,292,8511.08%78.29%Net BuyingNet Buying
YYGH
YY GROUP HOLDING LTD
Singapore
N/A39,800,0000.00%0.00%
VSTS
VESTIS CORP
United States
$1.61B131,450,62890.17%9.83%Net BuyingNet Buying
ATCH
ATLASCLEAR HOLDINGS INC
United States
$9.19M10,081,63435.13%23.74%
ENG
ENGLOBAL CORP
United States
$8.77M5,156,5831.62%98.38%
IRAA
IRIS ACQUISITION CORP
United States
$75.54M7,187,0372.97%1.39%Net Selling
IROH
IRON HORSE ACQUISITIONS CORP
United States
$89.11M8,867,00069.66%7.89%
PCT
PURECYCLE TECHNOLOGIES INC
United States
$869.25M164,630,90753.29%46.71%Net BuyingNet Buying
KVAC
KEEN VISION ACQUISITION CORP
United States
$203.73M19,366,07561.43%38.57%
SWSS
CLEAN ENERGY SPECIAL SITUATIONS CORP
United States
$73.76M7,011,64115.62%84.38%
OMEX
ODYSSEY MARINE EXPLORATION INC
United States
$85.92M19,981,90138.93%45.79%Net Selling
TRIS
TRISTAR ACQUISITION I CORP
United States
$180.76M16,358,80262.42%0.00%
ASTR
ASTRA SPACE INC
United States
$13.74M22,711,0343.16%96.84%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.