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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)
DAC
DANAOS CORP
Greece
$1.53B19,418,69619.57%0.00%
BZ
KANZHUN LTD
China
$7.50B740,172,37730.73%0.00%
RGP
RESOURCES CONNECTION INC
United States
$379.66M33,807,45981.62%18.38%Net Selling
ESEA
EUROSEAS LTD
Greece
$246.90M7,014,3316.26%0.00%
SBLK
STAR BULK CARRIERS CORP
Greece
$2.10B84,016,89237.35%10.04%
ZTO
ZTO EXPRESS (CAYMAN) INC
China
$17.40B812,866,66330.70%0.00%
GASS
STEALTHGAS INC
Greece
$233.48M36,142,32641.28%29.97%
WNC
WABASH NATIONAL CORP
United States
$1.04B45,022,59788.22%11.78%Net SellingNet Selling
MIDD
MIDDLEBY CORP
United States
$7.50B53,603,41896.10%3.90%Net SellingNet Selling
EMR
EMERSON ELECTRIC CO
United States
$60.74B571,700,00074.16%1.72%Net SellingNet Selling
ESOA
ENERGY SERVICES OF AMERICA CORP
United States
$129.90M16,610,84823.03%62.72%Net SellingNet Selling
HAYN
HAYNES INTERNATIONAL INC
United States
$761.61M12,782,99261.95%38.05%Net Selling
EPAC
ENERPAC TOOL GROUP CORP
United States
$2.04B54,253,54093.18%6.82%Net SellingNet Selling
KMT
KENNAMETAL INC
United States
$1.95B79,269,78297.27%2.73%Net BuyingNet Buying
ARCB
ARCBEST CORP
United States
$2.76B23,431,64182.38%17.62%Net SellingNet Selling
SNCY
SUN COUNTRY AIRLINES HOLDINGS INC
United States
$749.27M53,291,00182.70%17.30%Net SellingNet Selling
TNC
TENNANT CO
United States
$2.03B19,007,46091.38%5.29%Net SellingNet Selling
PPSI
PIONEER POWER SOLUTIONS INC
United States
$38.13M9,930,0224.81%95.19%Net Selling
CAT
CATERPILLAR INC
United States
$167.38B489,272,92072.34%1.02%Net BuyingNet Selling
RHI
ROBERT HALF INC
United States
$7.35B104,932,60992.46%6.69%Net SellingNet Selling
PXS
PYXIS TANKERS INC
Greece
$48.50M10,542,5471.56%0.00%
HY
HYSTER-YALE MATERIALS HANDLING INC
United States
$1.03B17,488,81140.11%59.89%Net SellingNet Selling
TEX
TEREX CORP
United States
$4.02B67,300,00082.10%17.90%Net SellingNet Selling
JBT
JOHN BEAN TECHNOLOGIES CORP
United States
$2.93B31,831,35094.67%5.33%Net SellingNet Selling
VCIG
VCI GLOBAL LTD
Malaysia
$41.45M38,027,5790.20%0.00%
RCMT
RCM TECHNOLOGIES INC
United States
$153.31M7,939,41935.84%64.16%Net Selling
TAYD
TAYLOR DEVICES INC
United States
$133.66M3,093,96420.05%25.68%Net SellingNet Buying
MLI
MUELLER INDUSTRIES INC
United States
$6.59B113,597,00374.84%25.16%Net SellingNet Selling
DCI
DONALDSON CO INC
United States
$9.06B120,369,12785.69%3.93%Net SellingNet Selling
ASTE
ASTEC INDUSTRIES INC
United States
$743.06M22,765,32874.16%25.84%Net SellingNet Selling
EBF
ENNIS INC
United States
$526.29M25,874,69974.17%6.49%Net BuyingNet Buying
VTSI
VIRTRA INC
United States
$189.75M11,109,73012.59%87.41%Net SellingNet Buying
AOS
SMITH A O CORP
United States
$12.49B146,670,11776.23%2.47%Net SellingNet Selling
WIRE
ENCORE WIRE CORP
United States
$4.44B15,788,91673.30%26.70%Net BuyingNet Buying
WOR
WORTHINGTON ENTERPRISES INC
United States
$3.02B50,146,35741.55%58.45%Net SellingNet Selling
ABNB
AIRBNB INC
United States
$104.82B647,064,66949.38%3.08%Net SellingNet Selling
POWL
POWELL INDUSTRIES INC
United States
$1.94B11,987,83852.63%47.37%Net SellingNet Selling
TORO
TORO CORP
Cyprus
$78.19M18,978,4091.74%0.00%
CMRE
COSTAMARE INC
Monaco
$1.48B118,374,62322.20%0.00%
LSTR
LANDSTAR SYSTEM INC
United States
$6.49B35,762,03897.71%2.29%Net Selling
SB
SAFE BULKERS INC
Monaco
$579.24M111,607,82821.67%0.00%
THR
THERMON GROUP HOLDINGS INC
United States
$1.12B33,714,73636.51%63.49%Net SellingNet Buying
AGCO
AGCO CORP
United States
$8.62B74,619,50171.22%28.78%Net SellingNet Selling
ALGT
ALLEGIANT TRAVEL CO
United States
$1.03B18,286,32461.10%38.90%Net SellingNet Selling
GGG
GRACO INC
United States
$14.01B169,135,87686.30%1.42%Net BuyingNet Buying
MAMO
MASSIMO GROUP
United States
$166.03M41,300,0000.00%82.32%
LMT
LOCKHEED MARTIN CORP
United States
$111.04B239,938,14474.35%0.39%Net SellingNet Selling
ROK
ROCKWELL AUTOMATION INC
United States
$31.79B114,592,02275.78%1.29%Net SellingNet Selling
CMI
CUMMINS INC
United States
$38.79B136,779,87586.58%1.70%Net SellingNet Selling
GD
GENERAL DYNAMICS CORP
United States
$79.94B274,364,08486.09%5.21%Net SellingNet Selling
TH
TARGET HOSPITALITY CORP
United States
$1.12B100,520,4296.62%93.38%Net SellingNet Selling
BBSI
BARRETT BUSINESS SERVICES INC
United States
$806.02M6,541,79955.81%44.19%Net SellingNet Selling
FDX
FEDEX CORP
United States
$64.05B246,080,75077.27%9.14%Net BuyingNet Buying
PCAR
PACCAR INC
United States
$55.11B524,145,44664.89%4.43%Net BuyingNet Selling
LMB
LIMBACH HOLDINGS INC
United States
$517.29M11,131,70230.65%69.35%Net SellingNet Selling
UNF
UNIFIRST CORP
United States
$3.01B18,658,35133.44%66.56%Net SellingNet Selling
CIX
COMPX INTERNATIONAL INC
United States
$426.92M12,313,7572.96%97.04%Net Buying
TTC
TORO CO
United States
$9.28B104,406,80087.97%5.03%Net BuyingNet Buying
LICN
LICHEN CHINA LTD
China
$27.56M26,500,0000.00%0.00%
ADP
AUTOMATIC DATA PROCESSING INC
United States
$99.35B409,291,33280.27%2.07%Net SellingNet Selling
AME
AMETEK INC
United States
$38.90B231,469,58187.17%1.07%Net SellingNet Selling
REVG
REV GROUP INC
United States
$1.24B51,800,23545.55%54.45%Net SellingNet Selling
SFWL
SHENGFENG DEVELOPMENT LTD
China
$146.85M82,497,5130.52%0.00%
KFRC
KFORCE INC
United States
$1.24B19,491,00062.16%37.84%Net Selling
BRC
BRADY CORP
United States
$2.93B48,331,58976.21%11.37%Net SellingNet Selling
WERN
WERNER ENTERPRISES INC
United States
$2.34B63,468,69059.83%40.17%Net SellingNet Selling
TKR
TIMKEN CO
United States
$6.31B70,412,49583.59%7.47%Net SellingNet Selling
SXI
STANDEX INTERNATIONAL CORP
United States
$2.00B11,853,09390.42%4.40%Net SellingNet Selling
STRL
STERLING INFRASTRUCTURE INC
United States
$3.26B30,925,74781.74%18.26%Net SellingNet Selling
CISS
C3IS INC
Greece
$119.77k87,423100.00%0.00%
ALLE
ALLEGION PLC
Ireland
$10.92B87,440,69696.07%0.82%Net SellingNet Selling
DOV
DOVER CORP
United States
$24.98B137,430,16085.97%2.01%Net SellingNet Selling
TCOM
TRIPCOM GROUP LTD
China
$34.70B644,089,05035.58%0.00%
FA
FIRST ADVANTAGE CORP
United States
$2.41B145,160,55760.00%40.00%Net SellingNet Selling
NOC
NORTHROP GRUMMAN CORP
United States
$69.39B147,989,96984.57%4.34%Net SellingNet Selling
SNA
SNAP-ON INC
United States
$14.48B52,718,54984.81%2.61%Net BuyingNet Selling
ODFL
OLD DOMINION FREIGHT LINE INC
United States
$39.22B217,674,29236.19%20.57%Net SellingNet Selling
LECO
LINCOLN ELECTRIC HOLDINGS INC
United States
$12.93B56,908,33379.37%2.54%Net SellingNet Selling
PAYX
PAYCHEX INC
United States
$43.42B359,963,34172.95%11.93%Net SellingNet Selling
HSII
HEIDRICK & STRUGGLES INTERNATIONAL INC
United States
$613.73M20,248,49488.76%11.24%Net SellingNet Selling
DY
DYCOM INDUSTRIES INC
United States
$4.23B29,091,67094.33%5.67%Net SellingNet Selling
REZI
RESIDEO TECHNOLOGIES INC
United States
$3.03B146,016,92691.23%2.28%Net SellingNet Selling
ITT
ITT INC
United States
$10.82B82,300,00091.33%2.95%Net SellingNet Selling
LNN
LINDSAY CORP
United States
$1.31B11,038,27689.83%4.66%Net Selling
POOL
POOL CORP
United States
$14.21B38,328,78091.77%8.23%Net SellingNet Selling
TDCX
TDCX INC
Singapore
$1.04B146,610,2198.51%0.00%
OSK
OSHKOSH CORP
United States
$7.62B65,401,11890.45%4.56%Net BuyingNet Selling
CDTG
CDT ENVIRONMENTAL TECHNOLOGY INVESTMENT HOLDINGS LTD
China
N/A11,200,0000.00%0.00%
HII
HUNTINGTON INGALLS INDUSTRIES INC
United States
$9.72B39,433,34090.69%4.03%Net BuyingNet Buying
ABM
ABM INDUSTRIES INC
United States
$2.82B63,291,48488.09%11.91%Net SellingNet Selling
KAI
KADANT INC
United States
$3.30B11,718,80896.60%3.40%Net SellingNet Selling
BWLP
BW LPG LTD
Singapore
N/A131,759,8200.00%0.00%
CNI
CANADIAN NATIONAL RAILWAY CO
Canada
$80.46B637,600,00070.94%0.00%
CXT
CRANE NXT CO
United States
$3.53B56,937,95677.44%4.51%Net SellingNet Selling
CVU
CPI AEROSTRUCTURES INC
United States
$34.06M12,854,4285.58%94.42%Net Buying
WTS
WATTS WATER TECHNOLOGIES INC
United States
$7.00B33,305,11277.08%4.90%Net SellingNet Selling
ESP
ESPEY MFG & ELECTRONICS CORP
United States
$66.55M2,710,93311.98%45.24%Net BuyingNet Buying
GPN
GLOBAL PAYMENTS INC
United States
$28.36B255,249,78090.12%1.79%Net BuyingNet Buying
FSS
FEDERAL SIGNAL CORP
United States
$5.14B61,101,06391.89%8.11%Net SellingNet Selling
UPS
UNITED PARCEL SERVICE INC
United States
$125.48B855,558,94760.00%0.35%Net SellingNet Selling

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+1.12%+2.12%+3.00%+13.94%23.89x5.51x+12.59%+4.32%+10.95%+5.33%Buy
18+1.92%+1.84%+0.03%+9.92%16.26x3.01x+22.50%+4.83%+12.20%+20.89%Buy
12+0.81%-1.88%+4.26%+7.01%10.78x4.80x-0.20%+4.60%+11.52%-8.71%Strong Buy
5+0.56%+2.73%-0.15%+37.98%18.55x1.52x+8.72%+4.50%+8.53%+25.87%Strong Buy
20-0.70%-1.41%-0.29%-14.01%15.25x4.92x-10.56%+2.07%+8.50%+16.86%Strong Buy
14+2.40%+3.99%+1.19%+25.05%29.59x7.87x+86.06%+8.37%+16.69%+12.37%Buy
56+1.02%+0.44%+0.46%+31.53%39.85x4.38x+17.29%+5.78%+10.76%+9.84%Buy
41+3.07%+3.73%+2.66%+61.11%10.38x4.41x+12.25%+5.19%+13.19%+5.43%Strong Buy
27+0.97%-1.81%-7.31%+14.99%12.81x4.68x+46.07%+11.17%+16.25%+11.58%Buy
18+1.30%+1.36%-4.49%+32.41%541.04x6.78x+33.98%+15.30%+27.80%+7.86%Strong Buy
2+2.31%+7.96%+5.61%+8.89%51.83x8.11x+16.94%+4.13%+11.96%-24.70%Hold
20+0.04%+1.04%-4.40%-10.07%20.06x4.04x+24.31%+7.86%+14.99%+12.69%Buy
38-0.23%+1.62%+3.37%+43.83%15.97x1.03x+7.58%+4.53%+7.33%+16.51%Strong Buy
19+0.82%+3.87%+0.76%+32.21%20.30x3.13x+17.27%+8.66%+14.21%+10.58%Buy
16+1.81%-1.07%+1.35%+22.30%12.26x7.44x+19.81%+2.63%+5.08%+18.47%Buy
11-0.10%-0.55%-2.35%+21.77%24.71x4.58x+26.94%+7.75%+10.41%+10.53%Buy
23+1.82%-0.76%-3.53%+39.76%16.35x2.30x+14.09%+6.12%+7.64%+4.31%Buy
24+1.67%+0.48%-2.43%+26.87%19.90x3.02x+23.60%+8.09%+14.60%+14.01%Strong Buy
202+0.13%-0.42%-0.50%+4.29%8.96x-14.60x-28.78%+1.19%-1.56%N/A
39+0.90%+1.43%-1.60%+24.51%35.63x4.90x+26.96%+11.80%+19.68%+10.37%Buy
75+1.33%-0.02%-1.78%+27.91%30.24x5.16x+22.28%+8.71%+16.06%+10.26%Buy
26+0.47%-0.18%-4.56%+3.36%27.42x9.28x+66.73%+8.34%+44.90%+9.59%Buy
12+1.72%+1.61%-4.53%+5.37%-11.76x2.74x+17.38%+8.11%+14.28%+6.93%Buy
19+0.79%+1.67%-0.15%+37.21%30.62x9.65x-50.62%+14.40%+31.80%+12.66%Buy
16-0.49%-2.66%-21.24%+24.93%51.24x3.69x+20.54%+13.23%+19.51%+27.54%Buy
20+1.87%+2.26%+0.37%+22.69%36.99x5.80x+20.50%+5.43%+9.75%+8.20%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 10.05% over the past year, underperforming other industrial stocks by -10 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 18.46% from Kanzhun's current stock price of $20.26.

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 38.72% 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 13.98% from Danaos's current stock price of $78.96.

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 -22.34% over the past year, underperforming other industrial stocks by -42 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 15.76% from Resources Connection's current stock price of $11.23.

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 2.17%. 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 0% indicates that its dividend yield might not be 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 2.17%.

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

3. Spirit Airlines (NYSE:SAVE)


Spirit Airlines (NYSE:SAVE) has an annual dividend yield of 29.85%, which is 28 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.

Why are industrial stocks up?

Industrial stocks were up 1.03% in the last day, and up 0.8% over the last week. Lilium Nv was the among the top gainers in the industrials sector, gaining 8.65% yesterday.

Lilium shares are trading higher after the company announced an order of 20 Jets from UrbanLink.

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 68.61% in the past year. It has overperformed other stocks in the industrial sector by 49 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 -22.34% in the past year. It has underperformed other stocks in the industrial sector by -42 percentage points.

3. Stealthgas (NASDAQ:GASS)


Stealthgas (NASDAQ:GASS) is the third 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 137.5% in the past year. It has overperformed other stocks in the industrial sector by 118 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 9.76% 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 44.85x.
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.