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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
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividends
OwnershipTechnicals
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
CCIXU
CHURCHILL CAPITAL CORP IX
N/AN/AN/AN/AN/AN/AN/A
GAMC
GOLDEN ARROW MERGER CORP
$85.65MN/A0.00%N/AN/AN/AN/A
FIAC
FOCUS IMPACT ACQUISITION CORP
$82.59MN/AN/AN/AN/AN/AN/A
KITT
NAUTICUS ROBOTICS INC
$10.49MN/A0.00%N/AN/AN/AN/A
CETU
CETUS CAPITAL ACQUISITION CORP
$40.64MN/A0.00%N/AN/AN/AN/A
KRNL
KERNEL GROUP HOLDINGS INC
$88.76MN/A0.00%N/AN/AN/AN/A
DECA
DENALI CAPITAL ACQUISITION CORP
$54.82MN/A0.00%N/AN/AN/AN/A
IVCB
INVESTCORP EUROPE ACQUISITION CORP I
$227.92MN/A0.00%N/AN/AN/AN/A
XFIN
EXCELFIN ACQUISITION CORP
$80.91MN/A0.00%N/AN/AN/AN/A
DUET
DUET ACQUISITION CORP
$42.20MN/A0.00%N/AN/AN/AN/A
IGTA
INCEPTION GROWTH ACQUISITION LTD
$62.38MN/A0.00%N/AN/AN/AN/A
TRON
CORNER GROWTH ACQUISITION CORP 2
$58.90MN/A0.00%N/AN/AN/AN/A
GATE
MARBLEGATE ACQUISITION CORP
$126.21MN/A0.00%N/AN/AN/AN/A
HUDA
HUDSON ACQUISITION I CORP
$54.00MN/A0.00%N/AN/AN/AN/A
ARYD
ARYA SCIENCES ACQUISITION CORP IV
$85.69MN/A0.00%N/AN/AN/AN/A
GTI
GRAPHJET TECHNOLOGY
$929.85MN/A0.00%N/AN/AN/AN/A
OCAX
OCA ACQUISITION CORP
$73.83MN/A0.00%N/AN/AN/AN/A
MAQC
MAQUIA CAPITAL ACQUISITION CORP
$68.05MN/A0.00%N/AN/AN/AN/A
BRAC
BROAD CAPITAL ACQUISITION CORP
$53.21MN/A0.00%N/AN/AN/AN/A
NUVO
LAMF GLOBAL VENTURES CORP I
$73.84MN/A0.00%N/AN/AN/AN/A
BLAC
BELLEVUE LIFE SCIENCES ACQUISITION CORP
$60.28MN/A0.00%N/AN/AN/AN/A
MCAC
MONTEREY CAPITAL ACQUISITION CORP
$106.25MN/A0.00%N/AN/AN/AN/A
WINV
WINVEST ACQUISITION CORP
$45.08MN/A0.00%N/AN/AN/AN/A
FHLT
FUTURE HEALTH ESG CORP
$67.97MN/A0.00%N/AN/AN/AN/A
CNGL
CANNA-GLOBAL ACQUISITION CORP
$87.27MN/A0.00%N/AN/AN/AN/A
LATG
CHENGHE ACQUISITION I CO
$81.63MN/A0.00%N/AN/AN/AN/A
DHAC
DIGITAL HEALTH ACQUISITION CORP
$42.83MN/A0.00%N/AN/AN/AN/A
TETE
TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORP
$75.97MN/A0.00%N/AN/AN/AN/A
WTMA
WELSBACH TECHNOLOGY METALS ACQUISITION CORP
$48.94MN/A0.00%N/AN/AN/AN/A
QOMO
QOMOLANGMA ACQUISITION CORP
$39.33MN/A0.00%N/AN/AN/AN/A
IMAQ
INTERNATIONAL MEDIA ACQUISITION CORP
$99.11MN/A0.00%N/AN/AN/AN/A
ONYX
ONYX ACQUISITION CO I
$88.75MN/A0.00%N/AN/AN/AN/A
CHAA
CATCHA INVESTMENT CORP
$110.75MN/A0.00%N/AN/AN/AN/A
GPAC
GLOBAL PARTNER ACQUISITION CORP II
$104.56MN/A0.00%N/AN/AN/AN/A
IROH
IRON HORSE ACQUISITIONS CORP
$89.11MN/AN/AN/AN/AN/AN/A
BREZ
BREEZE HOLDINGS ACQUISITION CORP
$49.44MN/A0.00%N/AN/AN/AN/A
HNRA
HNR ACQUISITION CORP
$16.04MN/AN/AN/AN/AN/AN/A
OSI
OSIRIS ACQUISITION CORP
$95.18MN/A0.00%N/AN/AN/AN/A
HLXB
HELIX ACQUISITION CORP II
N/AN/A0.00%N/AN/AN/AN/A
ZCAR
ZOOMCAR HOLDINGS INC
$11.91MN/A0.00%N/AN/AN/AN/A
BNIX
BANNIX ACQUISITION CORP
$59.88MN/A0.00%N/AN/AN/AN/A
BLUA
BLUERIVER ACQUISITION CORP
$105.30MN/A0.00%N/AN/AN/AN/A
PTWO
PONO CAPITAL TWO INC
$67.81MN/A0.00%N/AN/AN/AN/A
CLOE
CLOVER LEAF CAPITAL CORP
$65.18MN/A0.00%N/AN/AN/AN/A
INAQ
INSIGHT ACQUISITION CORP
$81.49MN/A0.00%N/AN/AN/AN/A
CVII
CHURCHILL CAPITAL CORP VII
$981.57MN/A0.00%N/AN/AN/AN/A
NOVV
NOVA VISION ACQUISITION CORP
$39.55MN/A0.00%N/AN/AN/AN/A
1...56789

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
71+0.01%-0.68%+4.96%+26.66%21.31x5.49x+12.14%+3.95%+8.42%+8.90%Buy
20+0.87%+3.54%+5.72%+8.40%15.97x3.06x+22.20%+4.63%+12.30%+21.16%Buy
9+0.03%+2.93%+12.59%+13.90%14.50x2.09x-0.35%+8.56%+9.70%-8.73%Strong Buy
5+0.48%+2.28%+9.42%+31.29%28.84x4.43x+19.87%+5.19%+13.95%+8.67%Strong Buy
21-0.67%+3.69%+6.80%-11.34%17.83x1.03x-5.18%-0.39%+2.13%+57.57%Strong Buy
16-0.00%+0.39%+6.91%+22.97%25.68x6.81x+80.28%+8.32%+16.43%+12.10%Strong Buy
54+0.59%+1.65%+6.57%-4.47%40.90x4.60x+16.04%+5.59%+14.68%+6.03%Buy
41+0.51%+0.83%+8.11%+62.44%-53.51x4.00x+11.83%+4.77%+11.61%+5.48%Strong Buy
26+0.99%+3.54%+0.40%+22.90%13.68x4.87x+46.57%+11.39%+16.62%+6.78%Buy
17+0.42%+1.01%+3.56%+36.73%634.41x6.90x+35.76%+16.46%+29.46%+5.42%Strong Buy
3+1.82%-0.03%+8.87%+27.36%29.73x0.66x+6.10%+4.00%+6.27%+5.82%Strong Buy
22-0.87%+0.32%-0.79%-2.93%21.95x4.15x+24.57%+7.81%+15.00%+11.77%Buy
40+0.01%+4.28%+12.96%+53.02%24.27x1.13x+8.27%+5.38%+8.10%+10.55%Strong Buy
20+0.50%+2.10%+11.83%+17.36%25.12x3.39x+17.72%+8.73%+14.25%+7.62%Strong Buy
17+0.75%+1.08%+4.14%+37.89%7.78x9.40x+22.26%+2.50%+4.82%+15.38%Buy
11-0.21%+0.61%+1.83%+22.93%24.82x4.62x+27.07%+7.76%+10.46%+9.16%Buy
23+0.40%+3.15%+3.93%+40.14%16.61x2.95x+12.03%+6.26%+8.70%+2.01%Buy
23+0.59%-0.88%+1.82%+19.13%22.78x3.72x+25.21%+8.21%+14.99%+15.29%Buy
201+0.33%-0.21%-0.11%-38.61%-14.09x-125.08x-106.50%-27.38%+37.15%+139.86%Strong Buy
39+0.20%+0.84%+2.90%+24.07%33.78x4.10x+21.62%+12.29%+17.99%+9.17%Buy
77+0.62%+1.17%+3.03%+33.03%27.37x5.55x+20.67%+8.06%+15.10%+8.81%Buy
25-0.08%+0.46%-0.16%+5.77%27.56x8.61x+63.63%+8.27%+43.97%+9.83%Buy
12+0.68%+2.18%+1.76%+12.37%-30.55x2.93x+19.62%+8.03%+14.38%+5.32%Buy
18+0.73%+4.09%+7.48%+42.83%31.72x9.02x-103.16%+11.01%+37.14%+9.21%Buy
16+0.24%+0.68%-17.48%+24.46%24.89x3.41x+19.95%+14.29%+20.65%+25.35%Buy
20+0.14%-0.40%+2.64%+22.44%37.63x5.90x+20.91%+5.61%+9.97%+8.18%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 49 points higher than the industrial sector average of 24. It passed 24 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 15.18% over the past year, underperforming other industrial stocks by -2 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 12.57% from Kanzhun's current stock price of $21.32.

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 49 points higher than the industrial sector average of 24. It passed 27 out of 38 due diligence checks and has strong fundamentals. Danaos has seen its stock return 43.36% over the past year, overperforming other industrial stocks by 26 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 6.41% from Danaos's current stock price of $84.58.

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 44 points higher than the industrial sector average of 24. It passed 23 out of 38 due diligence checks and has strong fundamentals. Resources Connection has seen its stock lose -24.1% over the past year, underperforming other industrial stocks by -41 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 12.46% from Resources Connection's current stock price of $11.56.

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 258 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 2.17%.

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 22.27%, which is 20 percentage points higher than the industrial sector average of 2.17%.

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 16.72%, which is 15 percentage points higher than the industrial sector average of 2.17%. 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 0.31% in the last day, and up 1.42% over the last week. Virgin Galactic Holdings was the among the top gainers in the industrials sector, gaining 22.12% yesterday.

Shares of several stocks popular on social media are trading lower amid continued volatility following a surge in retail investor interest.

What are the most undervalued industrial stocks?

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

1. Energy Services Of America (NASDAQ:ESOA)


Energy Services Of America (NASDAQ:ESOA) is the most undervalued industrial stock based on WallStreetZen's Valuation Score. Energy Services Of America has a valuation score of 100, which is 80 points higher than the industrial sector average of 20. It passed 7 out of 7 valuation due diligence checks.

Energy Services Of America's stock has gained 188.99% in the past year. It has overperformed other stocks in the industrial sector by 172 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 80 points higher than the industrial sector average of 20. It passed 7 out of 7 valuation due diligence checks.

Encore Wire's stock has gained 69.51% in the past year. It has overperformed other stocks in the industrial sector by 52 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 80 points higher than the industrial sector average of 20. It passed 7 out of 7 valuation due diligence checks.

Resources Connection's stock has dropped -24.1% in the past year. It has underperformed other stocks in the industrial sector by -41 percentage points.

Are industrial stocks a good buy now?

49.58% of industrial stocks rated by analysts are a strong buy right now. On average, analysts expect industrial stocks to rise by 9.97% 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 39.89x.
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