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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
Ticker
Company
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
HON
HONEYWELL INTERNATIONAL INC
$126.10B34.30%9.10%16.38%21.80%2.951.6637.50%15.50%21.82%
CNI
CANADIAN NATIONAL RAILWAY CO
$77.76B27.40%10.50%14.75%10.90%1.700.6042.00%32.90%42.29%
ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC
$115.85M17.20%11.70%21.86%24.30%0.401.7561.50%17.00%23.44%
FELE
FRANKLIN ELECTRIC CO INC
$4.55B15.90%10.70%16.85%24.90%0.452.8534.20%9.30%12.02%
CW
CURTISS WRIGHT CORP
$10.07B16.60%8.30%14.32%21.10%0.942.0237.60%12.80%18.36%
GIC
GLOBAL INDUSTRIAL CO
$1.34B28.50%13.40%28.22%28.70%0.991.9133.90%5.30%7.26%
GWW
WW GRAINGER INC
$45.33B59.00%22.20%42.75%32.90%1.532.1939.30%10.90%15.10%
FSS
FEDERAL SIGNAL CORP
$5.03B18.50%11.00%16.48%22.20%0.582.8226.70%10.30%13.47%
MWA
MUELLER WATER PRODUCTS INC
$2.53B10.80%5.10%8.48%9.60%1.093.2930.60%6.40%9.10%
PH
PARKER HANNIFIN CORP
$68.15B25.10%8.80%17.66%24.70%1.630.9035.40%13.30%19.77%
LSTR
LANDSTAR SYSTEM INC
$6.32B26.70%14.40%30.55%41.50%0.832.0014.60%5.00%6.49%
FLS
FLOWSERVE CORP
$6.22B12.20%4.70%9.10%10.10%1.611.8829.80%5.30%7.55%
WTS
WATTS WATER TECHNOLOGIES INC
$6.77B18.30%12.60%18.79%47.00%0.532.6246.70%12.70%17.40%
CXT
CRANE NXT CO
$3.47B16.00%7.00%16.18%20.90%1.211.9347.00%13.50%20.87%
CTOS
CUSTOM TRUCK ONE SOURCE INC
$1.18B2.50%0.70%6.80%4.70%2.851.3423.90%1.20%9.16%
UAL
UNITED AIRLINES HOLDINGS INC
$16.99B30.70%3.70%11.46%8.90%6.830.7661.80%4.90%9.85%
SEB
SEABOARD CORP
$3.18B5.40%3.50%3.20%2.60%0.632.544.00%2.90%2.16%
JBHT
HUNT J B TRANSPORT SERVICES INC
$16.98B16.20%7.80%13.33%11.80%1.021.2644.20%5.20%7.32%
AIT
APPLIED INDUSTRIAL TECHNOLOGIES INC
$7.13B23.90%13.50%20.56%28.80%0.713.7729.50%8.40%10.96%
IEX
IDEX CORP
$16.70B16.70%10.00%14.43%32.70%0.633.3844.00%17.90%24.27%
CLWT
EURO TECH HOLDINGS CO LTD
$12.50M12.40%8.80%11.38%22.60%0.361.8821.50%10.20%10.48%
FAST
FASTENAL CO
$38.98B34.00%25.50%39.31%36.80%0.324.8345.60%15.70%20.74%
UUU
UNIVERSAL SECURITY INSTRUMENTS INC
$3.35M6.80%4.20%9.78%7.90%0.642.5429.50%1.70%2.56%
NDSN
NORDSON CORP
$15.03B19.00%10.40%14.77%29.20%0.932.1954.50%18.60%26.15%
ASR
SOUTHEAST AIRPORT GROUP
$10.10B23.60%14.40%23.31%116.40%0.423.8860.30%39.50%59.15%
WAB
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
$28.55B8.90%4.90%9.16%21.10%0.791.5231.00%9.20%14.31%
ICFI
ICF INTERNATIONAL INC
$2.74B10.40%4.60%9.10%14.00%1.201.1936.00%4.70%7.49%
BWEN
BROADWIND INC
$46.37M14.80%5.10%13.60%9.40%1.411.3016.00%3.80%5.45%
CPRT
COPART INC
$52.30B21.90%19.40%23.35%38.00%0.127.1346.00%33.40%40.67%
OPXS
OPTEX SYSTEMS HOLDINGS INC
$49.40M20.80%13.70%20.61%18.20%0.463.6926.50%10.20%12.64%
ASC
ARDMORE SHIPPING CORP
$713.33M22.10%16.30%19.58%17.70%0.223.7546.70%28.60%32.49%
SITE
SITEONE LANDSCAPE SUPPLY INC
$6.80B10.80%5.40%8.71%8.60%1.022.3634.50%3.60%4.61%
IESC
IES HOLDINGS INC
$2.77B31.40%12.90%27.29%42.10%1.151.7320.20%5.00%6.94%
FA
FIRST ADVANTAGE CORP
$2.41B3.70%2.10%5.27%10.80%0.804.4049.40%4.90%10.67%
ECO
OKEANIS ECO TANKERS CORP
$1.00B35.00%12.60%20.17%12.10%1.771.3162.00%35.20%49.97%
BLD
TOPBUILD CORP
$12.99B26.50%12.40%20.50%34.20%1.012.6630.90%11.80%17.33%
CSWI
CSW INDUSTRIALS INC
$3.76B17.10%9.50%16.80%27.70%0.652.7744.00%12.50%19.06%
NPK
NATIONAL PRESTO INDUSTRIES INC
$596.16M10.10%8.40%11.51%16.30%0.245.0019.80%10.10%12.45%
VMI
VALMONT INDUSTRIES INC
$4.94B10.00%4.30%10.81%10.10%1.522.4729.60%3.60%7.13%
TITN
TITAN MACHINERY INC
$512.27M18.40%6.90%20.50%21.30%2.031.3219.30%4.10%6.24%
ENS
ENERSYS
$3.73B16.40%7.80%12.52%14.30%1.032.6726.60%7.50%9.71%
TFII
TFI INTERNATIONAL INC
$11.19B18.80%7.90%13.19%14.70%1.671.6649.60%6.40%10.02%
GXO
GXO LOGISTICS INC
$5.99B8.20%2.50%4.58%4.50%2.250.9817.80%2.30%3.22%
HUBB
HUBBELL INC
$20.02B26.00%11.50%17.99%30.50%1.341.6634.40%13.20%18.08%
SNDR
SCHNEIDER NATIONAL INC
$3.78B5.40%3.50%5.61%6.40%0.561.4441.70%3.00%4.00%
BBU
BROOKFIELD BUSINESS PARTNERS LP
$1.41B8.30%0.50%6.04%5.40%10.111.049.20%0.90%7.46%
ZWS
ZURN ELKAY WATER SOLUTIONS CORP
$5.46B7.70%4.50%8.33%17.30%0.653.3143.70%8.10%13.34%
AYI
ACUITY BRANDS INC
$7.71B18.40%10.90%17.07%35.60%0.642.5944.90%9.80%12.98%
ARMK
ARAMARK
$8.12B18.90%4.20%12.67%11.00%3.361.279.30%3.40%6.74%
ERII
ENERGY RECOVERY INC
$747.59M9.60%8.40%9.08%14.40%0.1310.4167.70%15.40%16.23%
ATSG
AIR TRANSPORT SERVICES GROUP INC
$866.34M4.30%1.60%4.52%3.50%1.840.8671.80%2.90%7.61%
FIX
COMFORT SYSTEMS USA INC
$10.99B29.20%10.90%25.71%67.40%1.840.9619.40%6.50%8.14%
CAAP
CORPORACION AMERICA AIRPORTS SA
$2.80B29.90%6.20%21.77%49.30%3.781.0934.70%17.10%44.42%
SAIA
SAIA INC
$10.79B19.50%14.50%20.12%22.40%0.361.2369.90%12.40%16.41%
CVEO
CIVEO CORP
$354.77M10.50%5.80%12.90%12.10%0.721.8224.60%4.50%7.75%
ALG
ALAMO GROUP INC
$2.35B14.80%9.20%15.21%18.30%0.594.2926.60%7.90%11.66%
MSA
MSA SAFETY INC
$7.30B29.20%12.20%21.32%25.50%1.192.5148.10%14.80%21.97%
WWD
WOODWARD INC
$10.13B14.00%7.20%11.33%14.40%0.892.6524.60%9.50%13.04%
WM
WASTE MANAGEMENT INC
$83.09B35.60%7.70%13.00%11.10%3.610.8938.80%12.00%18.04%
SCX
STARRETT L S CO
$120.68M15.30%10.10%14.64%14.20%0.433.1131.50%7.70%8.77%
ARC
ARC DOCUMENT SOLUTIONS INC
$115.90M5.30%2.70%5.97%8.90%1.001.5333.60%2.90%5.07%
ITW
ILLINOIS TOOL WORKS INC
$72.22B101.00%19.70%39.32%33.10%4.181.3243.20%19.10%26.46%
CPA
COPA HOLDINGS SA
$4.23B28.40%10.40%19.63%14.90%1.450.9957.80%14.90%22.25%
WSO
WATSCO INC
$20.19B25.50%13.70%23.10%25.20%0.503.3627.40%7.40%9.57%
AXON
AXON ENTERPRISE INC
$23.85B11.70%5.50%5.88%5.70%1.133.0061.10%11.10%9.91%
MAN
MANPOWERGROUP INC
$3.67B3.70%1.00%6.35%9.20%2.971.1617.80%0.50%1.35%
CSX
CSX CORP
$65.63B29.60%8.60%14.09%10.00%2.391.1548.20%24.70%38.20%
PWR
QUANTA SERVICES INC
$37.33B12.60%5.00%11.19%13.00%1.441.3613.90%3.60%5.58%
CLH
CLEAN HARBORS INC
$11.09B17.00%5.80%10.43%10.80%2.002.0730.90%6.90%11.27%
KEX
KIRBY CORP
$6.41B7.10%4.00%6.86%6.10%0.801.6829.50%7.20%11.20%
ETN
EATON CORP PLC
$126.04B18.20%9.00%13.56%21.30%1.001.5637.10%14.40%17.72%
EME
EMCOR GROUP INC
$16.74B30.30%11.30%30.57%76.50%1.561.3117.10%5.50%7.58%
SPLP
STEEL PARTNERS HOLDINGS LP
$735.32M17.10%4.00%12.88%18.00%3.111.2742.10%7.90%13.01%
NAT
NORDIC AMERICAN TANKERS LTD
$826.83M18.30%11.20%15.99%12.20%0.631.5538.50%25.20%33.02%
PLPC
PREFORMED LINE PRODUCTS CO
$619.52M12.70%8.50%14.29%14.60%0.423.1533.80%8.20%11.05%
MMYT
MAKEMYTRIP LTD
$7.83B5.60%3.50%7.93%30.80%0.621.5371.80%6.90%10.65%
LUV
SOUTHWEST AIRLINES CO
$15.81B3.70%1.10%3.35%3.40%2.531.0965.00%1.50%2.99%
CRAI
CRA INTERNATIONAL INC
$1.06B20.70%7.90%19.76%18.50%1.611.1629.90%6.70%9.71%
KE
KIMBALL ELECTRONICS INC
$539.91M10.40%4.30%11.78%9.30%1.341.978.80%3.00%5.15%
KFY
KORN FERRY
$3.23B9.00%4.40%8.20%14.90%1.091.8387.90%5.30%7.85%
NSSC
NAPCO SECURITY TECHNOLOGIES INC
$1.54B29.40%24.90%28.97%41.20%0.187.0651.70%24.40%26.89%
AEIS
ADVANCED ENERGY INDUSTRIES INC
$3.58B9.10%4.30%5.03%6.90%1.215.6135.30%6.60%7.19%
RYAAY
RYANAIR HOLDINGS PLC
$31.84B23.50%8.30%16.91%15.70%1.910.8039.30%12.20%14.10%
LZ
LEGALZOOMCOM INC
$2.26B8.80%3.20%17.40%-27.30%1.651.0463.80%2.10%4.84%
DE
DEERE & CO
$110.22B44.60%9.80%N/A10.20%3.59N/A39.20%16.40%25.56%
MRTN
MARTEN TRANSPORT LTD
$1.40B9.50%7.10%10.67%11.80%0.311.7859.50%6.20%8.30%
CPLP
CAPITAL PRODUCT PARTNERS LP
$901.54M7.50%2.40%6.06%4.40%1.761.4172.90%18.10%48.51%
STN
STANTEC INC
$9.54B13.40%5.60%11.66%14.80%1.201.4154.20%6.50%10.27%
MOG.A
MOOG INC
$5.19B11.30%4.80%10.25%10.70%1.302.1527.50%5.40%8.86%
BKNG
BOOKING HOLDINGS INC
$117.83B-237.40%18.40%64.58%77.20%-7.841.22100.00%21.80%31.98%
GNRC
GENERAC HOLDINGS INC
$7.75B9.10%4.10%9.15%10.60%1.172.2733.90%5.30%9.58%
HEES
H&E EQUIPMENT SERVICES INC
$1.72B33.50%6.40%N/A7.10%4.01N/A46.60%11.20%19.05%
GTLS
CHART INDUSTRIES INC
$6.13B0.70%0.20%4.45%5.70%2.211.1931.00%0.60%9.61%
DSX
DIANA SHIPPING INC
$341.46M9.00%3.70%9.17%6.00%1.392.1462.20%16.80%37.84%
DRS
LEONARDO DRS INC
$5.52B8.10%4.90%8.54%14.70%0.611.9722.80%6.30%8.35%
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
$7.15B24.10%5.30%11.67%8.60%3.680.9755.60%13.50%27.31%
FWRD
FORWARD AIR CORP
$556.94M24.00%10.20%7.76%13.00%2.901.4649.30%12.20%15.52%
HXL
HEXCEL CORP
$5.64B6.00%3.50%5.56%4.80%0.732.7423.50%5.50%7.81%
NVT
NVENT ELECTRIC PLC
$11.87B19.30%9.90%10.66%21.50%0.961.8241.10%17.40%17.74%
PKE
PARK AEROSPACE CORP
$292.46M8.40%6.90%7.58%8.30%0.1414.5929.90%17.90%17.25%

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+0.60%+1.49%+2.13%+10.59%23.40x5.46x+12.75%+4.29%+10.80%+6.62%Buy
18+2.28%-0.57%-1.52%+8.11%15.85x2.90x+22.44%+4.86%+12.19%+23.77%Buy
12-0.62%-0.52%+6.52%+3.66%10.77x4.70x+2.33%+4.92%+12.28%-6.99%Strong Buy
5+2.35%+2.54%-2.59%+40.51%17.88x1.47x+8.74%+4.51%+8.55%+28.81%Strong Buy
20+1.52%+2.77%+1.85%-15.34%15.03x4.90x-10.86%+2.02%+8.59%+17.96%Strong Buy
14+1.02%+1.12%-2.31%+18.86%27.90x7.57x+86.32%+8.41%+16.75%+16.12%Buy
56+0.39%-0.38%-0.74%+31.24%37.63x4.21x+17.44%+5.88%+10.94%+12.53%Buy
41+0.94%+1.88%-0.65%+53.38%18.45x4.25x+11.66%+5.00%+12.89%+9.50%Strong Buy
27+1.34%-1.87%-6.52%+12.83%12.61x4.61x+46.12%+11.21%+16.35%+12.30%Buy
18+1.47%-1.03%-4.83%+28.88%517.48x6.80x+34.18%+15.47%+28.22%+10.25%Buy
2+1.36%-0.86%-3.29%+2.60%46.91x7.37x+16.78%+4.09%+11.93%-16.98%Hold
20+2.07%+0.99%-4.47%-10.07%18.72x4.02x+25.77%+8.36%+15.94%+13.06%Buy
38+1.73%+1.42%+4.89%+42.99%16.35x1.02x+7.57%+4.51%+7.32%+18.53%Strong Buy
19+1.21%+2.53%+1.61%+26.23%19.99x3.06x+17.26%+8.65%+14.21%+12.95%Strong Buy
16+0.86%-1.24%+0.16%+23.56%12.19x7.33x+10.85%+2.80%+5.36%+19.40%Buy
11+1.34%-2.03%-2.63%+23.12%24.50x4.52x+26.95%+7.74%+10.42%+11.01%Buy
23+2.59%-1.84%-4.46%+34.75%16.19x2.25x+14.62%+6.10%+7.63%+7.22%Buy
24+1.21%-1.23%-2.94%+24.60%19.94x2.95x+23.54%+8.00%+14.53%+15.89%Strong Buy
202-0.46%-0.45%-0.44%+3.81%32.23x-14.35x-30.17%+1.12%-1.89%N/A
39+0.84%-0.91%-3.36%+23.17%35.40x4.79x+26.90%+11.76%+19.62%+12.53%Buy
75+0.24%-1.22%-3.16%+26.36%30.67x5.04x+22.43%+8.74%+16.10%+12.90%Buy
26-0.42%-3.44%-5.63%+0.53%26.67x9.19x+66.92%+8.34%+44.93%+10.66%Buy
12+0.05%-0.01%-6.18%+1.70%-11.48x2.68x+17.38%+8.10%+14.28%+9.52%Buy
19+1.68%-0.82%-2.27%+30.57%30.30x9.29x-49.49%+14.29%+31.54%+12.87%Buy
16+1.99%-12.97%-18.35%+24.06%52.14x3.70x+20.44%+13.40%+19.67%+27.33%Buy
20+1.13%-0.38%-1.03%+20.60%36.59x5.73x+20.52%+5.44%+9.77%+10.16%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 36.16% over the past year, overperforming other industrial stocks by 19 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 17.57% from Danaos's current stock price of $76.55.

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 14.06% over the past year, underperforming other industrial stocks by -3 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 18.34% from Kanzhun's current stock price of $20.28.

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 -21.69% over the past year, underperforming other industrial stocks by -38 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 16.18% from Resources Connection's current stock price of $11.19.

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. 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 2.21%. 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.

2. 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 2.21%.

Zim Integrated Shipping Services's dividend payout ratio of -28.5% indicates that its dividend yield might not be sustainable for the long-term.

3. Spirit Airlines (NYSE:SAVE)


Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 27.17%, which is 25 percentage points higher than the industrial sector average of 2.21%.

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 0.96% in the last day, and down -0.41% over the last week. Enovix was the among the top gainers in the industrials sector, gaining 45.47% yesterday.

Enovix shares are trading higher after the company reported mixed Q1 financial results.

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 117.5% in the past year. It has overperformed other stocks in the industrial sector by 101 percentage points.

2. Encore Wire (NASDAQ:WIRE)


Encore Wire (NASDAQ:WIRE) is the second 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 72.36% in the past year. It has overperformed other stocks in the industrial sector by 56 percentage points.

3. Resources Connection (NASDAQ:RGP)


Resources Connection (NASDAQ:RGP) is the third 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 -21.69% in the past year. It has underperformed other stocks in the industrial sector by -38 percentage points.

Are industrial stocks a good buy now?

47.23% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 11.68% 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 44.27x.
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