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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
ACM
AECOM
$12.20B$89.62$108.8321.44%Strong Buy6-28.68%N/AN/AN/A
IPDN
PROFESSIONAL DIVERSITY NETWORK INC
$11.02M$0.94N/AN/AN/AN/AN/AN/AN/AN/A
SRCL
STERICYCLE INC
$4.32B$46.53$59.4027.66%Hold53.85%N/AN/AN/A
IDEX
IDEANOMICS INC
$11.97M$1.00N/AN/AN/AN/AN/AN/A1,548.37%168.17%
XPON
EXPION360 INC
$15.49M$2.08N/AN/AN/AN/A11.09%N/AN/AN/A
GIFI
GULF ISLAND FABRICATION INC
$109.91M$6.75N/AN/AN/AN/AN/AN/AN/AN/A
JBLU
JETBLUE AIRWAYS CORP
$2.05B$6.04$6.00-0.66%Sell75.06%N/AN/AN/A
AZUL
AZUL SA
$687.65M$5.91$10.5077.66%Hold311.52%N/AN/AN/A
APXI
APX ACQUISITION CORP I
$113.87M$11.49N/AN/AN/AN/AN/AN/AN/AN/A
NNBR
NN INC
$166.52M$3.33N/AN/AN/AN/A2.67%N/AN/AN/A
POLA
POLAR POWER INC
$8.17M$0.47N/AN/AN/AN/AN/AN/AN/AN/A
BUJA
BUKIT JALIL GLOBAL ACQUISITION 1 LTD
$82.20M$10.59N/AN/AN/AN/AN/AN/AN/AN/A
EPOW
SUNRISE NEW ENERGY CO LTD
$18.77M$0.72N/AN/AN/AN/AN/AN/AN/AN/A
CACO
CARAVELLE INTERNATIONAL GROUP
$51.50M$1.03N/AN/AN/AN/AN/AN/AN/AN/A
AZ
A2Z SMART TECHNOLOGIES CORP
$17.06M$0.41N/AN/AN/AN/AN/AN/AN/AN/A
SIDU
SIDUS SPACE INC
$14.09M$3.37$10.00196.74%Strong Buy1N/AN/AN/AN/A
TPIC
TPI COMPOSITES INC
$187.50M$3.95$3.25-17.72%Hold39.19%N/AN/AN/A
RCRT
RECRUITERCOM GROUP INC
$5.11M$1.89N/AN/AN/AN/AN/AN/AN/AN/A
FLYX
FLYEXCLUSIVE INC
$488.72M$6.28$9.0043.31%Strong Buy1N/AN/AN/AN/A
BEEP
MOBILE INFRASTRUCTURE CORP
$105.00M$3.50N/AN/AN/AN/AN/AN/AN/AN/A
BAER
BRIDGER AEROSPACE GROUP HOLDINGS INC
$195.11M$4.15N/AN/AN/AN/AN/AN/AN/AN/A
GRIN
GRINDROD SHIPPING HOLDINGS LTD
$270.68M$13.75N/AN/AN/AN/AN/AN/AN/AN/A
UHAL
U-HAUL HOLDING CO
$13.54B$69.06N/AN/AN/AN/AN/AN/AN/AN/A
USEA
UNITED MARITIME CORP
$23.21M$2.67N/AN/AN/AN/AN/AN/AN/AN/A
SLND
SOUTHLAND HOLDINGS INC
$230.52M$4.80$6.0025.00%Hold1N/AN/AN/AN/A
AP
AMPCO PITTSBURGH CORP
$30.00M$1.51N/AN/AN/AN/AN/AN/AN/AN/A
CPBI
CENTRAL PLAINS BANCSHARES INC
$41.14M$9.96N/AN/AN/AN/AN/AN/AN/AN/A
NEOV
NEOVOLTA INC
$83.75M$2.52N/AN/AN/AN/AN/AN/AN/AN/A
TOPS
TOP SHIPS INC
$56.90M$12.30N/AN/AN/AN/AN/AN/AN/AN/A
SIF
SIFCO INDUSTRIES INC
$20.18M$3.26N/AN/AN/AN/AN/AN/AN/AN/A
VIK
VIKING HOLDINGS LTD
N/A$28.49N/AN/AN/AN/AN/AN/AN/AN/A
AWX
AVALON HOLDINGS CORP
$9.36M$2.40N/AN/AN/AN/AN/AN/AN/AN/A
GAQ
GENERATION ASIA I ACQUISITION LTD
$87.18M$11.12N/AN/AN/AN/AN/AN/AN/AN/A
AIRI
AIR INDUSTRIES GROUP
$18.39M$5.53N/AN/AN/AN/AN/AN/AN/AN/A
SOAR
VOLATO GROUP INC
$47.40M$1.62N/AN/AN/AN/AN/AN/AN/AN/A
RVSN
RAIL VISION LTD
$3.18M$1.06N/AN/AN/AN/AN/AN/AN/AN/A
STAF
STAFFING 360 SOLUTIONS INC
$2.58M$0.33N/AN/AN/AN/AN/AN/AN/AN/A
NXU
NXU INC
$214.92k$0.47N/AN/AN/AN/AN/AN/AN/AN/A
NNE
NANO NUCLEAR ENERGY INC
N/A$3.92N/AN/AN/AN/AN/AN/AN/AN/A
HTLD
HEARTLAND EXPRESS INC
$905.93M$11.46$12.004.71%Sell34.27%N/AN/AN/A
STI
SOLIDION TECHNOLOGY INC
$155.94M$2.13N/AN/AN/AN/AN/AN/AN/AN/A
AFAR
AURA FAT PROJECTS ACQUISITION CORP
$65.10M$11.26N/AN/AN/AN/AN/AN/AN/AN/A
WEL
INTEGRATED WELLNESS ACQUISITION CORP
$81.85M$11.48N/AN/AN/AN/AN/AN/AN/AN/A
NETD
NABORS ENERGY TRANSITION CORP II
$401.84M$10.54N/AN/AN/AN/AN/AN/AN/AN/A
HRT
HIRERIGHT HOLDINGS CORP
$965.84M$14.34$15.004.60%Buy14.23%N/AN/AN/A
SPEC
SPECTAIRE HOLDINGS INC
$8.71M$0.47N/AN/AN/AN/AN/AN/AN/AN/A
HYAC
HAYMAKER ACQUISITION CORP 4
$311.14M$10.53N/AN/AN/AN/AN/AN/AN/AN/A
NFYS
ENPHYS ACQUISITION CORP
$162.22M$10.90N/AN/AN/AN/AN/AN/AN/AN/A
DMYY
DMY SQUARED TECHNOLOGY GROUP INC
$42.08M$10.74N/AN/AN/AN/AN/AN/AN/AN/A
GODN
GOLDEN STAR ACQUISITION CORP
$79.08M$10.78N/AN/AN/AN/AN/AN/AN/AN/A
HYFM
HYDROFARM HOLDINGS GROUP INC
$38.16M$0.83N/AN/AN/AN/A-1.13%N/AN/AN/A
PRLH
PEARL HOLDINGS ACQUISITION CORP
$78.49M$10.95N/AN/AN/AN/AN/AN/AN/AN/A
AIRT
AIR T INC
$65.06M$23.06N/AN/AN/AN/AN/AN/AN/AN/A
ATCH
ATLASCLEAR HOLDINGS INC
$11.09M$1.10N/AN/AN/AN/AN/AN/AN/AN/A
MESA
MESA AIR GROUP INC
$35.62M$0.87N/AN/AN/AN/A12.84%N/AN/AN/A
GLST
GLOBAL STAR ACQUISITION INC
$88.19M$10.94N/AN/AN/AN/AN/AN/AN/AN/A
PIXY
SHIFTPIXY INC
$12.97M$1.92N/AN/AN/AN/AN/AN/AN/AN/A
IPXX
INFLECTION POINT ACQUISITION CORP II
$328.91M$10.53N/AN/AN/AN/AN/AN/AN/AN/A
BFAC
BATTERY FUTURE ACQUISITION CORP
$151.89M$11.01N/AN/AN/AN/AN/AN/AN/AN/A
SPR
SPIRIT AEROSYSTEMS HOLDINGS INC
$3.56B$30.51$34.4412.89%Buy916.26%N/AN/AN/A
DIST
DISTOKEN ACQUISITION CORP
$69.44M$10.80N/AN/AN/AN/AN/AN/AN/AN/A
AGFY
AGRIFY CORP
$4.57M$0.33N/AN/AN/AN/AN/AN/AN/AN/A
RFIL
R F INDUSTRIES LTD
$31.07M$2.96$4.0035.14%Strong Buy11.14%N/AN/AN/A
HA
HAWAIIAN HOLDINGS INC
$705.66M$13.61$15.0010.21%Buy210.67%N/AN/AN/A
LIND
LINDBLAD EXPEDITIONS HOLDINGS INC
$401.50M$7.50$11.0046.67%Buy28.25%N/AN/AN/A
SGBX
SAFE & GREEN HOLDINGS CORP
$6.82M$5.07N/AN/AN/AN/AN/AN/AN/AN/A
ATMV
ALPHAVEST ACQUISITION CORP
$77.21M$11.02N/AN/AN/AN/AN/AN/AN/AN/A
KNOP
KNOT OFFSHORE PARTNERS LP
$185.55M$5.45N/AN/AN/AN/A-2.84%N/AN/AN/A
TMTC
TMT ACQUISITION CORP
$88.52M$10.88N/AN/AN/AN/AN/AN/AN/AN/A
AAN
AARON's COMPANY INC
$232.45M$7.59$7.50-1.19%Hold22.63%N/AN/AN/A
NVAC
NORTHVIEW ACQUISITION CORP
$68.35M$11.34N/AN/AN/AN/AN/AN/AN/AN/A
TWLV
TWELVE SEAS INVESTMENT CO II
$141.55M$10.89N/AN/AN/AN/AN/AN/AN/AN/A
ISPO
INSPIRATO INC
$25.89M$3.95$10.50165.55%Buy242.71%N/AN/AN/A
EMLD
FTAC EMERALD ACQUISITION CORP
$152.67M$10.64N/AN/AN/AN/AN/AN/AN/AN/A
KACL
KAIROUS ACQUISITION CORP LTD
$43.58M$11.83N/AN/AN/AN/AN/AN/AN/AN/A
BURU
NUBURU INC
$8.25M$0.21N/AN/AN/AN/AN/AN/AN/AN/A
VVI
VIAD CORP
$744.98M$35.26$46.5031.88%Strong Buy25.59%N/AN/AN/A
QUAD
QUAD/GRAPHICS INC
$257.61M$4.96$8.5071.37%Buy1-3.57%N/AN/AN/A
BLAC
BELLEVUE LIFE SCIENCES ACQUISITION CORP
$60.73M$10.80N/AN/AN/AN/AN/AN/AN/AN/A
RXO
RXO INC
$2.42B$20.58$21.172.85%Hold66.10%N/AN/AN/A
PCT
PURECYCLE TECHNOLOGIES INC
$880.78M$5.35$3.50-34.58%Hold2N/AN/AN/AN/A
VSTS
VESTIS CORP
$1.65B$12.52$15.7125.51%Buy7N/AN/AN/AN/A
IRAA
IRIS ACQUISITION CORP
$75.54M$10.51N/AN/AN/AN/AN/AN/AN/AN/A
COOL
CORNER GROWTH ACQUISITION CORP
$115.25M$11.15N/AN/AN/AN/AN/AN/AN/AN/A
EFSH
1847 HOLDINGS LLC
$7.52M$1.42N/AN/AN/AN/AN/AN/AN/AN/A
ENG
ENGLOBAL CORP
$8.51M$1.65N/AN/AN/AN/AN/AN/AN/AN/A
NNAG
99 ACQUISITION GROUP INC
$105.38M$10.46N/AN/AN/AN/AN/AN/AN/AN/A
ASTR
ASTRA SPACE INC
$15.47M$0.68N/AN/AN/AN/AN/AN/AN/A-136.40%
KVAC
KEEN VISION ACQUISITION CORP
$204.12M$10.54N/AN/AN/AN/AN/AN/AN/AN/A
TG
TREDEGAR CORP
$184.49M$5.35N/AN/AN/AN/AN/AN/AN/AN/A
SWSS
CLEAN ENERGY SPECIAL SITUATIONS CORP
$73.76M$10.52N/AN/AN/AN/AN/AN/AN/AN/A
PUCK
GOAL ACQUISITIONS CORP
$81.38M$10.85N/AN/AN/AN/AN/AN/AN/AN/A
ASCB
ASPAC II ACQUISITION CORP
$81.28M$11.14N/AN/AN/AN/AN/AN/AN/AN/A
EAF
GRAFTECH INTERNATIONAL LTD
$447.47M$1.74$1.887.76%Hold4-16.92%N/AN/AN/A
TRIS
TRISTAR ACQUISITION I CORP
$181.09M$11.07N/AN/AN/AN/AN/AN/AN/AN/A
GWAV
GREENWAVE TECHNOLOGY SOLUTIONS INC
$6.79M$0.15N/AN/AN/AN/AN/AN/AN/AN/A
SKGR
SK GROWTH OPPORTUNITIES CORP
$170.21M$11.13N/AN/AN/AN/AN/AN/AN/AN/A
BWAQ
BLUE WORLD ACQUISITION CORP
$62.47M$11.27N/AN/AN/AN/AN/AN/AN/AN/A
CAPT
CAPTIVISION INC
$145.48M$5.02N/AN/AN/AN/AN/AN/AN/AN/A
FBYD
FALCON's BEYOND GLOBAL INC
$1.24B$9.90N/AN/AN/AN/AN/AN/AN/AN/A

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+0.29%-0.34%+5.69%+16.05%21.79x5.62x+12.28%+4.24%+8.49%+7.84%Strong Buy
20-0.57%+0.45%+2.08%+1.70%15.77x2.97x+22.14%+4.54%+11.73%+24.42%Buy
9-0.06%+1.85%+18.29%+8.96%16.73x4.95x-17.47%+5.55%+8.58%-12.95%Strong Buy
5-0.44%+1.15%+11.22%+43.59%19.74x1.59x+8.35%+4.27%+8.11%+21.22%Strong Buy
21+0.59%+4.32%+10.22%-9.46%16.07x5.24x-10.89%+2.23%+8.54%+12.48%Strong Buy
16+0.05%+0.67%+8.61%+24.64%32.44x8.09x+86.84%+8.45%+16.78%+10.18%Buy
53-0.77%-1.73%+4.45%+30.77%39.70x4.39x+14.69%+5.44%+4.87%+12.43%Buy
41-0.01%-2.45%+9.80%+58.60%-65.95x4.32x+11.70%+5.18%+13.19%+7.58%Strong Buy
26+0.25%-1.97%-0.67%+19.86%13.13x4.76x+46.42%+11.27%+16.59%+9.66%Buy
17+0.13%-0.80%+3.83%+31.44%533.60x6.69x+34.59%+15.76%+28.64%+7.38%Strong Buy
3-0.49%+5.20%+13.51%+8.86%53.40x1.01x+17.47%+4.17%+11.97%-26.82%Hold
22-0.77%-1.15%+3.17%-9.34%20.86x4.11x+24.24%+7.80%+15.01%+12.69%Buy
40+0.64%+2.97%+16.21%+52.40%23.32x1.12x+4.93%+3.39%+5.53%+10.74%Strong Buy
20-0.78%-0.60%+8.11%+33.20%22.49x3.29x+18.16%+9.02%+15.06%+9.87%Buy
17-0.30%-0.17%+4.48%+24.68%12.65x7.70x+19.43%+2.55%+4.89%+14.82%Buy
11-0.06%-0.50%+4.17%+23.59%24.95x4.63x+27.00%+7.76%+10.43%+8.68%Buy
23+0.51%-0.23%+6.85%+41.04%16.37x2.34x+14.54%+6.10%+7.59%+3.15%Buy
23+0.16%-0.33%+2.25%+22.72%21.22x3.04x+24.93%+8.29%+15.19%+11.70%Buy
199-0.05%+0.24%+0.42%+4.92%16.84x-14.96x-20.93%+0.46%+4.71%N/A
38+0.09%+0.06%+3.91%+25.32%34.51x4.94x+27.23%+11.83%+19.79%+8.62%Buy
76+0.06%-0.90%+2.63%+29.74%25.65x5.18x+23.08%+9.11%+17.05%+11.03%Buy
25+0.12%+1.26%+1.59%+5.83%28.32x9.61x+65.48%+8.35%+44.95%+7.93%Buy
12+2.01%+0.54%+3.96%+9.53%-32.28x2.80x+17.14%+8.04%+14.16%+3.96%Buy
18-0.57%-1.74%+6.86%+38.28%25.24x12.69x-56.30%+14.29%+32.93%+10.64%Buy
16-1.47%-2.30%-13.32%+27.82%28.68x3.70x+19.99%+12.96%+19.17%+26.35%Buy
20+0.19%+0.27%+4.10%+20.92%37.74x5.85x+20.21%+5.45%+9.73%+7.97%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 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 24.55% over the past year, overperforming other industrial stocks by 3 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 8.25% from Kanzhun's current stock price of $22.17.

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 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 37.49% over the past year, overperforming other industrial stocks by 16 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 5.7% from Danaos's current stock price of $85.15.

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 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 -24.32% 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 13.54% from Resources Connection's current stock price of $11.45.

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 2.08%.

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 2.08%.

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 16.67%, which is 15 percentage points higher than the industrial sector average of 2.08%. 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 up?

Industrial stocks were up 0.04% in the last day, and down -0.28% over the last week. Safe & Green Holdings was the among the top gainers in the industrials sector, gaining 36.66% yesterday.

Safe & Green Holdings shares are trading higher after the company reported a year-over-year increase in Q1 EPS results.

What are the most undervalued industrial stocks?

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

1. Spar Group (NASDAQ:SGRP)


Spar Group (NASDAQ:SGRP) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. Spar Group 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.

Spar Group's stock has gained 78.5% in the past year. It has overperformed other stocks in the industrial sector by 57 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 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 69.42% in the past year. It has overperformed other stocks in the industrial sector by 48 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 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 -24.32% in the past year. It has underperformed other stocks in the industrial sector by -45 percentage points.

Are industrial stocks a good buy now?

47.12% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 9.49% 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 38.71x.
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.