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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
BYNO
BYNORDIC ACQUISITION CORP
$114.79M$0.00$4.66M$3.41M$0.18N/AN/A260.00%N/A
ACHR
ARCHER AVIATION INC
$1.26B$0.00-$466.10M-$461.30M-$1.62N/AN/AN/AN/A
CVV
CVD EQUIPMENT CORP
$30.92M$20.34M-$4.83M-$5.61M-$0.83-31.89%1.75%N/AN/A
HHS
HARTE HANKS INC
$52.28M$189.82M$3.47M-$950.00k-$0.12-7.10%-6.28%N/AN/A
BA
BOEING CO
$108.65B$76.44B$2.36B-$2.15B-$3.548.37%-5.36%N/AN/A2024-05-17
OP
OCEANPAL INC
$18.70M$18.96M$6.60M-$6.71M-$2.02-0.67%N/AN/AN/A
ALPP
ALPINE 4 HOLDINGS INC
$20.79M$106.08M-$11.44M-$20.74M-$0.8132.66%61.28%N/AN/A2024-06-21
BECN
BEACON ROOFING SUPPLY INC
$6.36B$9.30B$874.10M-$33.60M-$0.559.73%5.78%N/AN/A
AULT
AULT ALLIANCE INC
$10.16M$156.44M-$163.57M-$232.40M-$328.2532.99%41.94%N/AN/A2024-06-28
TISI
TEAM INC
$34.44M$859.94M$24.09M-$68.21M-$15.530.76%-6.67%N/AN/A2024-05-22
TRU
TRANSUNION
$15.56B$3.91B$659.00M-$193.80M-$1.014.92%10.27%N/AN/A
UGRO
URBAN-GRO INC
$18.60M$70.32M-$13.91M-$15.68M-$1.3412.08%25.67%N/AN/A2024-06-19
SPCB
SUPERCOM LTD
$2.67M$26.57M-$379.00k-$4.02M-$0.6050.55%3.96%N/AN/A
RDW
REDWIRE CORP
$326.58M$273.99M-$6.15M-$46.80M-$0.7247.87%N/AN/AN/A
FSTR
FOSTER L B CO
$319.04M$552.58M$28.78M$8.05M$0.747.47%-1.93%N/AN/A2024-05-23
SATL
SATELLOGIC INC
$138.17M$10.07M-$33.65M-$61.02M-$0.6867.56%N/AN/AN/A
EDRY
EURODRY LTD
$61.32M$47.59M$14.54M-$2.91M-$1.05-32.19%14.18%N/AN/A2024-06-21
UP
WHEELS UP EXPERIENCE INC
$1.89B$1.10B-$375.66M-$483.91M-$0.40-31.59%N/AN/AN/A2024-05-30
DSGR
DISTRIBUTION SOLUTIONS GROUP INC
$1.67B$1.64B$92.52M-$20.10M-$0.4421.75%35.66%N/AN/A
FREY
FREYR BATTERY INC
$280.81M$0.00-$80.72M-$87.76M-$0.62N/AN/AN/AN/A
EPOW
SUNRISE NEW ENERGY CO LTD
$18.51M$48.57M-$16.43M-$19.83M-$0.88297.05%N/AN/AN/A
MRCY
MERCURY SYSTEMS INC
$1.76B$839.95M-$63.19M-$135.10M-$2.34-16.87%5.90%N/AN/A
QRHC
QUEST RESOURCE HOLDING CORP
$198.25M$286.92M$13.85M-$5.92M-$0.280.10%22.09%N/AN/A2024-06-28
LGMK
LOGICMARK INC
$1.72M$9.73M-$13.82M-$15.69M-$10.71-12.14%-10.52%N/AN/A
CETY
CLEAN ENERGY TECHNOLOGIES INC
$57.60M$15.11M-$3.47M-$5.66M-$0.14467.49%62.56%N/AN/A2024-05-21
TBI
TRUEBLUE INC
$335.96M$1.84B$10.23M-$11.58M-$0.37-14.95%-5.89%N/AN/A
FWRD
FORWARD AIR CORP
$380.98M$1.49B$198.50M$69.27M$2.24-5.41%5.13%-67.86%-6.83%
SHIP
SEANERGY MARITIME HOLDINGS CORP
$207.56M$110.23M$47.65M$2.28M$0.12-11.83%3.79%-87.63%N/A
AZUL
AZUL SA
$730.63M$3.20B$1.24B-$145.05M-$1.2568.33%5.31%N/AN/A
FATH
FATHOM DIGITAL MANUFACTURING CORP
$35.78M$125.48M$48.75M$6.59M$1.95-19.36%N/AN/AN/A
PPYA
PAPAYA GROWTH OPPORTUNITY CORP I
$92.36M$0.00$3.98M$2.43M$0.11N/AN/A175.00%N/A
KBR
KBR INC
$8.85B$7.07B$103.00M-$258.00M-$1.937.90%6.28%N/AN/A
SBXC
SILVERBOX CORP III
$181.99M$0.00$5.91M$4.47M$0.26N/AN/A2,500.00%N/A
BLEU
BLEUACACIA LTD
$80.77M$0.00$3.86M$3.86M$0.21N/AN/A200.00%N/A
BEST
BEST INC
$39.14M$1.15B-$10.10M-$112.64M-$5.925.57%-20.25%N/AN/A2024-05-28
CSLM
CSLM ACQUISITION CORP
$106.01M$0.00$3.18M$3.16M-$0.12N/AN/AN/AN/A
GLLI
GLOBALINK INVESTMENT INC
$67.16M$0.00$688.84k$262.08k$0.34N/AN/A142.86%N/A
ISRL
ISRAEL ACQUISITIONS CORP
$140.05M$0.00$5.51M$5.51M-$0.11N/AN/AN/AN/A
PLAO
PATRIA LATIN AMERICAN OPPORTUNITY ACQUISITION CORP
$257.31M$0.00$9.72M$9.72M$0.01N/AN/A-97.67%N/A
GBBK
GLOBAL BLOCKCHAIN ACQUISITION CORP
$77.84M$0.00$4.30M$3.17M$0.16N/AN/A100.00%N/A
HIHO
HIGHWAY HOLDINGS LTD
$9.07MN/AN/AN/AN/AN/AN/AN/AN/A
INTE
INTEGRAL ACQUISITION CORP 1
$44.55M$0.00$1.11M$816.50k$0.12N/AN/A300.00%N/A
TENK
TENX KEANE ACQUISITION
$74.45M$0.00$2.42M$2.42M$0.27N/AN/A125.00%N/A
DCO
DUCOMMUN INC
$844.13M$766.65M$80.77M$17.55M$1.224.98%3.31%-42.72%0.00%
EOSE
EOS ENERGY ENTERPRISES INC
$150.48M$14.14M-$148.45M-$204.61M-$1.40-39.71%N/AN/AN/A2024-06-12
RENE
CARTESIAN GROWTH CORP II
$242.58M$0.00$10.27M$10.27M$0.40N/AN/A66.67%N/A
PWUP
POWERUP ACQUISITION CORP
$100.25M$0.00$4.47M$4.46M$0.23N/AN/A109.09%N/A
VMCA
VALUENCE MERGER CORP I
$134.00M$0.00$3.58M$3.58M$0.24N/AN/A166.67%N/A
BV
BRIGHTVIEW HOLDINGS INC
$1.26B$2.81B$298.20M$29.50M$0.221.16%3.77%N/AN/A2024-06-04
DLHC
DLH HOLDINGS CORP
$152.43M$402.59M$37.16M$3.07M$0.2231.64%24.22%-73.49%-16.13%
AACT
ARES ACQUISITION CORP II
$663.88M$0.00$23.31M$23.31M$0.39N/AN/AN/AN/A
NPAB
NEW PROVIDENCE ACQUISITION CORP II
$124.62M$0.00$4.56M$3.36M$0.18N/AN/A260.00%N/A
SMHI
SEACOR MARINE HOLDINGS INC
$366.28M$282.31M$77.74M-$22.79M-$0.8221.19%7.32%N/AN/A2024-06-04
MPU
MEGA MATRIX CORP
$64.04M$8.75M-$5.08M-$4.49M-$0.12489.80%-20.05%N/AN/A2024-05-20
SFL
SFL CORP LTD
$1.92B$752.29M$476.06M$83.94M$0.6712.22%12.43%-58.13%-0.87%
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
$55.67M$58.11M-$10.45M-$29.08M-$0.51-33.01%N/AN/AN/A
BW
BABCOCK & WILCOX ENTERPRISES INC
$101.93M$979.32M-$113.72M-$216.40M-$2.427.57%-1.22%N/AN/A
LLAP
TERRAN ORBITAL CORP
$195.99M$134.95M-$88.67M-$150.64M-$0.8023.45%N/AN/AN/A
GEO
GEO GROUP INC
$1.73B$2.41B$473.65M$101.99M$0.69-0.95%0.28%-37.84%-11.35%
BKYI
BIO KEY INTERNATIONAL INC
$1.24M$8.59M-$8.03M-$8.91M-$19.6238.59%9.79%N/AN/A
SHYF
SHYFT GROUP INC
$432.08M$826.65M$19.16M$117.00k$0.00-22.29%7.73%-100.00%-100.00%
SKYH
SKY HARBOUR GROUP CORP
$800.22M$8.87M-$23.30M-$28.92M-$1.35247.10%N/AN/AN/A
SRFM
SURF AIR MOBILITY INC
$34.29M$85.62M-$256.97M-$267.09M-$6.30308.44%N/AN/AN/A
TUSK
MAMMOTH ENERGY SERVICES INC
$177.15M$236.36M$47.64M-$23.33M-$0.49-43.20%-30.50%N/AN/A2024-06-12
VVX
V2X INC
$1.47B$4.03B$231.69M-$3.95M-$0.1319.31%25.70%N/AN/A
TRSG
TUNGRAY TECHNOLOGIES INC
$96.85M$14.36M$1.97M$915.42k$0.06-12.07%N/A-68.42%N/A
ARTW
ARTS WAY MANUFACTURING CO INC
$9.58M$29.70M$1.04M-$540.28k-$0.114.38%9.95%N/AN/A2024-07-11
MG
MISTRAS GROUP INC
$257.65M$721.90M$39.54M-$11.47M-$0.394.06%-0.26%N/AN/A
TPIC
TPI COMPOSITES INC
$201.27M$1.35B-$115.77M-$201.78M-$4.57-14.72%4.66%N/AN/A
JYD
JAYUD GLOBAL LOGISTICS LTD
$15.05M$68.86M-$8.83M-$10.04M-$0.48-24.93%N/AN/AN/A
RAIL
FREIGHTCAR AMERICA INC
$71.85M$438.15M-$12.84M-$30.12M-$1.5424.29%7.57%N/AN/A
AMBI
AMBIPAR EMERGENCY RESPONSE
$182.36M$498.07M$97.32M-$12.01M$0.0466.97%N/A-71.32%N/A
PAL
PROFICIENT AUTO LOGISTICS INC
N/A$414.57MN/A$9.14M$0.37828.64%N/AN/AN/A
SABR
SABRE CORP
$1.21B$2.95B$150.66M-$509.07M-$1.429.39%-5.58%N/AN/A
MNTS
MOMENTUS INC
$3.37M$2.19M-$73.97M-$79.26M-$43.701,121.23%N/AN/AN/A2024-06-17
FIP
FTAI INFRASTRUCTURE INC
$839.99M$326.51M$52.95M-$199.73M-$1.9311.70%N/AN/AN/A
CXW
CORECIVIC INC
$1.66B$1.94B$284.75M$64.73M$0.564.81%0.63%-44.00%-17.21%
SST
SYSTEM1 INC
$140.56M$416.09M-$78.46M-$203.81M-$2.27-34.77%N/AN/AN/A2024-06-11
EVEX
EVE HOLDING INC
$1.50B$0.00-$124.16M-$127.18M-$0.45N/AN/AN/AN/A
MCAG
MOUNTAIN CREST ACQUISITION CORP V
$33.76M$0.00-$1.85M-$2.06M-$1.12N/AN/AN/AN/A
RRX
REGAL REXNORD CORP
$11.11B$6.57B$1.05B-$31.70M-$0.4827.82%12.67%N/AN/A
JVSA
JVSPAC ACQUISITION CORP
$77.55MN/AN/AN/AN/AN/AN/AN/AN/A
IBAC
IB ACQUISITION CORP
$157.41MN/AN/AN/AN/AN/AN/AN/AN/A
ROCL
ROTH CH ACQUISITION V CO
$63.21M$0.00-$388.80k-$917.47k-$0.45N/AN/AN/AN/A
GLST
GLOBAL STAR ACQUISITION INC
$88.11M$0.00$1.84M$1.04M$0.10N/AN/A150.00%N/A
EVGR
EVERGREEN CORP
$124.42M$0.00$3.48M$3.48M$0.28N/AN/A86.67%N/A
CHNR
CHINA NATURAL RESOURCES INC
$9.40M$0.00-$1.49M-$1.72M-$0.23N/AN/AN/AN/A
BOWN
BOWEN ACQUISITION CORP
$96.25M$0.00$1.48M$1.48M-$1.32N/AN/AN/AN/A
CCTG
CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD
$26.78M$15.94M$337.04k-$218.58k-$0.02-44.11%N/AN/AN/A
ZIM
ZIM INTEGRATED SHIPPING SERVICES LTD
$2.25B$5.16B-$904.70M-$2.70B-$22.42-58.90%9.71%N/AN/A2024-05-21
APG
API GROUP CORP
$10.20B$6.92B$421.00M-$510.00M-$2.073.19%N/AN/AN/A
FER
FERROVIAL SE
N/A$9.16B$1.15B$366.67M$0.5017.75%N/A92.11%N/A
FORR
FORRESTER RESEARCH INC
$363.80M$467.19M$40.18M$452.00k$0.03-11.26%4.19%-95.89%-32.87%
SHIM
SHIMMICK CORP
$48.85M$632.81M$14.58M-$2.55M-$0.11-4.72%N/AN/AN/A
APCA
AP ACQUISITION CORP
$178.01M$0.00$4.33M$4.33M$0.23N/AN/A155.56%N/A
PLMJ
PLUM ACQUISITION CORP III
$244.34M$0.00$10.23M$10.23M$0.30N/AN/A114.29%N/A
GIFI
GULF ISLAND FABRICATION INC
$110.40M$131.78M-$15.18M-$18.80M-$1.15-25.04%-10.66%N/AN/A
JBLU
JETBLUE AIRWAYS CORP
$2.07B$9.50B$11.00M-$834.00M-$2.46-2.59%4.08%N/AN/A2024-05-17
ACM
AECOM
$12.40B$15.35B$392.14M-$13.78M-$0.0913.36%7.00%N/AN/A
SRCL
STERICYCLE INC
$4.32B$2.64B$291.10M-$19.50M-$0.22-3.11%-5.05%N/AN/A2024-05-21

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
71+0.24%-0.46%+5.63%+12.75%22.54x5.58x+12.32%+4.25%+8.48%+8.27%Strong Buy
20-0.48%+2.26%+5.58%+6.54%15.82x2.99x+22.14%+4.59%+12.08%+21.12%Buy
9+0.00%+2.03%+12.75%+8.14%16.49x4.88x-16.58%+5.44%+8.60%-11.58%Strong Buy
5+0.35%+3.28%+11.30%+43.55%20.26x1.60x+8.35%+4.26%+8.10%+18.76%Strong Buy
21+1.22%+0.15%+8.87%-7.67%16.15x5.18x-9.76%+2.14%+8.88%+11.98%Strong Buy
16+0.89%+2.07%+7.21%+25.19%31.55x8.09x+85.64%+8.36%+16.64%+10.39%Buy
54+1.62%+2.16%+5.37%+33.78%43.40x4.59x+14.95%+5.51%+5.16%+8.50%Buy
41+1.77%+1.89%+10.29%+63.10%-65.04x4.42x+11.83%+5.23%+13.27%+4.77%Strong Buy
26+0.27%+3.15%+0.63%+23.28%13.39x4.88x+46.30%+11.24%+16.42%+6.56%Buy
17+1.03%+2.50%+3.71%+34.44%571.15x6.84x+34.55%+15.70%+28.56%+5.18%Strong Buy
3+1.24%+2.94%+11.14%+11.50%53.46x1.01x+17.46%+4.16%+11.97%-26.93%Hold
22-0.12%+0.59%-0.08%-8.62%20.67x4.05x+24.31%+7.80%+14.95%+12.32%Buy
40+0.16%+2.67%+12.63%+52.16%23.07x1.10x+5.76%+3.69%+6.01%+10.90%Strong Buy
20+1.17%+1.46%+8.93%+35.79%22.77x3.35x+18.08%+9.04%+14.95%+8.58%Buy
17+1.06%+2.22%+4.97%+27.40%12.87x7.75x+19.67%+2.57%+4.92%+13.69%Buy
11+0.51%+0.43%+2.35%+23.55%24.90x4.63x+27.08%+7.76%+10.47%+8.61%Buy
23+1.07%+3.43%+5.31%+44.95%16.64x2.39x+14.48%+6.14%+7.69%+0.81%Buy
23+0.92%+1.01%+2.07%+24.00%21.42x3.07x+25.07%+8.33%+15.24%+10.34%Buy
201-0.32%-0.33%-0.54%+3.98%18.86x-14.33x-22.51%+0.45%+4.61%N/A
39+0.65%+1.63%+3.56%+26.21%34.51x4.94x+27.14%+11.80%+19.76%+8.69%Buy
77+0.79%+1.39%+3.30%+31.62%24.44x5.25x+21.90%+8.66%+16.19%+8.99%Buy
25+0.67%+1.25%+0.24%+4.95%27.85x9.46x+65.13%+8.35%+44.84%+9.15%Buy
12+0.25%+2.31%+1.88%+9.41%-33.23x2.82x+17.16%+8.02%+14.15%+4.48%Buy
18+0.58%+3.15%+7.62%+43.60%25.10x12.74x-58.04%+14.36%+33.24%+8.56%Buy
16+0.57%+0.80%-16.30%+30.81%29.22x3.76x+19.95%+12.89%+19.09%+23.80%Buy
20-0.06%+0.57%+2.48%+19.75%37.34x5.80x+20.26%+5.45%+9.73%+8.64%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 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 43.02% over the past year, overperforming other industrial stocks by 21 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 6.66% from Danaos's current stock price of $84.38.

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 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 16.91% over the past year, underperforming other industrial stocks by -6 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 10.91% from Kanzhun's current stock price of $21.64.

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 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 -25.02% over the past year, underperforming other industrial stocks by -48 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 13.84% from Resources Connection's current stock price of $11.42.

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 2.07%.

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 24.63%, which is 23 percentage points higher than the industrial sector average of 2.07%.

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 16.88%, which is 15 percentage points higher than the industrial sector average of 2.07%. 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 0.71% in the last day, and up 1.44% over the last week. Vertiv Holdings Co was the among the top gainers in the industrials sector, gaining 5.95% yesterday.

Vertiv Holdings shares are trading higher after B of A Securities raised its price target on the stock from $100 to $115.

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 78 points higher than the industrial sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Stealthgas's stock has gained 136.43% in the past year. It has overperformed other stocks in the industrial sector by 114 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 69.96% in the past year. It has overperformed other stocks in the industrial sector by 47 percentage points.

3. Spar Group (NASDAQ:SGRP)


Spar Group (NASDAQ:SGRP) is the third 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 73.53% in the past year. It has overperformed other stocks in the industrial sector by 51 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 8.18% 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 40.21x.
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