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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)
GPN
GLOBAL PAYMENTS INC
United States
$28.36B255,249,78090.12%1.79%Net BuyingNet Buying
WTS
WATTS WATER TECHNOLOGIES INC
United States
$7.00B33,305,11277.08%4.90%Net SellingNet Selling
HON
HONEYWELL INTERNATIONAL INC
United States
$126.98B651,185,51376.06%0.68%Net SellingNet Selling
GWW
WW GRAINGER INC
United States
$46.13B49,068,80571.60%25.61%Net SellingNet Selling
FELE
FRANKLIN ELECTRIC CO INC
United States
$4.61B46,080,28479.79%4.51%Net BuyingNet Buying
CVU
CPI AEROSTRUCTURES INC
United States
$34.06M12,854,4285.58%94.42%Net Buying
FSS
FEDERAL SIGNAL CORP
United States
$5.14B61,101,06391.89%8.11%Net SellingNet Selling
FCN
FTI CONSULTING INC
United States
$7.86B35,697,61496.03%3.97%Net SellingNet Selling
KAI
KADANT INC
United States
$3.30B11,718,80896.60%3.40%Net SellingNet Selling
ISSC
INNOVATIVE SOLUTIONS & SUPPORT INC
United States
$112.44M17,459,98322.44%59.66%Net Selling
PH
PARKER HANNIFIN CORP
United States
$70.80B128,540,99082.26%2.83%Net SellingNet Selling
GTLS
CHART INDUSTRIES INC
United States
$6.76B42,801,04178.30%21.70%Net SellingNet Selling
ASR
SOUTHEAST AIRPORT GROUP
Mexico
$10.33B300,000,0001.02%0.00%
IEX
IDEX CORP
United States
$16.82B75,695,35297.46%2.54%Net BuyingNet Buying
CTOS
CUSTOM TRUCK ONE SOURCE INC
United States
$932.82M240,418,17275.88%24.12%Net SellingNet Selling
UUU
UNIVERSAL SECURITY INSTRUMENTS INC
United States
$3.42M2,312,88713.23%66.82%
WAB
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP
United States
$28.75B176,384,94286.14%13.86%Net SellingNet Selling
CLWT
EURO TECH HOLDINGS CO LTD
Hong Kong
$13.74M7,716,2992.86%0.00%
GVH
GLOBAVEND HOLDINGS LTD
Australia
$19.35M15,000,0000.00%0.00%
UAL
UNITED AIRLINES HOLDINGS INC
United States
$17.75B328,803,43169.28%0.49%Net SellingNet Selling
CHRW
C H ROBINSON WORLDWIDE INC
United States
$9.22B117,094,72886.79%13.21%Net SellingNet Selling
AIT
APPLIED INDUSTRIAL TECHNOLOGIES INC
United States
$7.32B38,602,61794.02%5.54%Net SellingNet Buying
ICFI
ICF INTERNATIONAL INC
United States
$2.83B18,736,57991.58%8.42%Net SellingNet Selling
SEB
SEABOARD CORP
United States
$3.10B971,0557.44%92.56%
BWEN
BROADWIND INC
United States
$47.45M21,566,3647.84%92.16%Net SellingNet Selling
CPRT
COPART INC
United States
$53.59B961,461,83079.95%13.81%Net SellingNet Selling
BLD
TOPBUILD CORP
United States
$13.27B31,775,87795.71%1.71%Net SellingNet Buying
ASC
ARDMORE SHIPPING CORP
Bermuda
$729.03M41,304,64961.17%0.00%
OPXS
OPTEX SYSTEMS HOLDINGS INC
United States
$53.57M6,823,6937.25%50.55%Net SellingNet Selling
LHX
L3HARRIS TECHNOLOGIES INC
United States
$40.73B189,680,35484.90%1.28%Net SellingNet Selling
IESC
IES HOLDINGS INC
United States
$3.42B20,243,45819.51%80.49%Net SellingNet Selling
ECO
OKEANIS ECO TANKERS CORP
Greece
$1.04B32,194,1084.80%0.00%
NDSN
NORDSON CORP
United States
$15.48B57,192,24571.70%27.70%Net BuyingNet Buying
CSWI
CSW INDUSTRIALS INC
United States
$3.85B15,532,47282.72%2.41%Net SellingNet Selling
ZWS
ZURN ELKAY WATER SOLUTIONS CORP
United States
$5.55B172,696,84580.93%19.07%Net SellingNet Selling
ENS
ENERSYS
United States
$3.84B40,415,97550.03%49.97%Net SellingNet Buying
GXO
GXO LOGISTICS INC
United States
$6.13B119,262,27090.69%7.35%Net SellingNet Selling
VMI
VALMONT INDUSTRIES INC
United States
$5.01B20,216,38553.94%46.06%Net SellingNet Selling
BBU
BROOKFIELD BUSINESS PARTNERS LP
Bermuda
$1.41B74,281,76382.01%0.00%
SNDR
SCHNEIDER NATIONAL INC
United States
$3.93B175,575,39828.58%23.28%Net SellingNet Selling
NPK
NATIONAL PRESTO INDUSTRIES INC
United States
$599.15M7,117,46558.11%24.88%Net SellingNet Selling
HUBB
HUBBELL INC
United States
$20.83B53,685,99787.38%12.62%Net SellingNet Selling
ERII
ENERGY RECOVERY INC
United States
$769.94M57,330,15359.57%40.43%Net BuyingNet Buying
MWA
MUELLER WATER PRODUCTS INC
United States
$2.58B156,177,31580.47%19.53%Net SellingNet Selling
TFII
TFI INTERNATIONAL INC
Canada
$11.35B84,555,21067.14%0.00%
ATSG
AIR TRANSPORT SERVICES GROUP INC
United States
$870.29M65,681,90955.32%44.68%Net SellingNet Buying
AYI
ACUITY BRANDS INC
United States
$7.98B30,797,87296.62%3.38%Net SellingNet Selling
TITN
TITAN MACHINERY INC
United States
$532.83M22,848,79276.75%23.25%Net SellingNet Selling
CAAP
CORPORACION AMERICA AIRPORTS SA
Luxembourg
$2.87B163,222,70712.98%0.00%
FIX
COMFORT SYSTEMS USA INC
United States
$11.99B35,721,90995.77%4.23%Net SellingNet Selling
SAIA
SAIA INC
United States
$10.46B26,588,16293.70%6.30%Net SellingNet Selling
CSX
CSX CORP
United States
$65.84B1,954,927,16273.78%2.87%Net SellingNet Selling
MSA
MSA SAFETY INC
United States
$7.29B39,382,24280.79%16.52%Net SellingNet Selling
ETN
EATON CORP PLC
Ireland
$130.83B399,800,00082.85%0.69%Net SellingNet Selling
ALG
ALAMO GROUP INC
United States
$2.33B12,052,68991.58%8.42%Net SellingNet Selling
SPLP
STEEL PARTNERS HOLDINGS LP
United States
$740.71M20,719,1012.03%97.97%Net SellingNet Selling
EME
EMCOR GROUP INC
United States
$17.48B46,996,24192.93%4.36%Net SellingNet Selling
WSO
WATSCO INC
United States
$19.04B40,300,01484.79%15.21%Net SellingNet Buying
WWD
WOODWARD INC
United States
$10.55B60,919,84580.21%6.87%Net BuyingNet Buying
SCX
STARRETT L S CO
United States
$121.06M7,504,99743.37%27.24%Net Buying
ARC
ARC DOCUMENT SOLUTIONS INC
United States
$117.61M42,765,8759.76%90.24%Net Selling
CPA
COPA HOLDINGS SA
Panama
$4.30B42,039,81465.67%0.00%
FAST
FASTENAL CO
United States
$38.21B572,547,44981.23%5.75%Net BuyingNet Buying
AXON
AXON ENTERPRISE INC
United States
$24.67B75,302,83278.53%9.30%Net SellingNet Selling
NAT
NORDIC AMERICAN TANKERS LTD
Bermuda
$835.19M208,796,44444.27%0.00%
CLH
CLEAN HARBORS INC
United States
$11.46B53,935,12490.38%8.84%Net SellingNet Selling
CVEO
CIVEO CORP
United States
$357.99M14,623,71724.85%75.15%Net SellingNet Selling
ITW
ILLINOIS TOOL WORKS INC
United States
$73.16B298,400,00070.12%29.88%Net SellingNet Selling
CRAI
CRA INTERNATIONAL INC
United States
$1.11B6,915,60184.62%15.06%Net SellingNet Selling
PLPC
PREFORMED LINE PRODUCTS CO
United States
$616.43M4,918,03625.38%74.62%Net SellingNet Selling
MMYT
MAKEMYTRIP LTD
India
$8.19B111,048,49045.79%0.00%
JBHT
HUNT J B TRANSPORT SERVICES INC
United States
$17.19B103,196,57351.03%48.97%Net SellingNet Selling
NSSC
NAPCO SECURITY TECHNOLOGIES INC
United States
$1.67B36,872,63980.00%10.14%Net SellingNet Selling
NVT
NVENT ELECTRIC PLC
United Kingdom
$12.68B166,019,01489.58%9.30%Net SellingNet Selling
LUV
SOUTHWEST AIRLINES CO
United States
$16.41B598,456,45979.50%19.11%Net SellingNet Selling
KE
KIMBALL ELECTRONICS INC
United States
$543.39M24,869,20675.85%6.39%Net Selling
KFY
KORN FERRY
United States
$3.33B52,180,23989.18%10.82%Net SellingNet Selling
RYAAY
RYANAIR HOLDINGS PLC
Ireland
$32.19B1,138,674,5288.91%0.00%
LZ
LEGALZOOMCOM INC
United States
$2.26B187,933,29554.98%45.02%Net SellingNet Selling
DE
DEERE & CO
United States
$111.86B278,358,21068.48%11.63%Net Selling
MRTN
MARTEN TRANSPORT LTD
United States
$1.43B81,322,16869.09%24.92%Net SellingNet Selling
CPLP
CAPITAL PRODUCT PARTNERS LP
Greece
$901.54M55,039,1435.13%0.00%
MATW
MATTHEWS INTERNATIONAL CORP
United States
$856.50M30,709,85983.04%5.91%Net Selling
PWR
QUANTA SERVICES INC
United States
$39.45B146,388,45588.48%11.52%Net SellingNet Selling
ATKR
ATKORE INC
United States
$6.49B36,768,28297.30%2.70%Net SellingNet Selling
PAC
PACIFIC AIRPORT GROUP
Mexico
$9.34B505,277,4641.06%0.00%
MOG.A
MOOG INC
United States
$5.33B31,969,06688.40%3.80%Net SellingNet Buying
GFF
GRIFFON CORP
United States
$3.56B50,946,21255.97%44.03%Net SellingNet Selling
BKNG
BOOKING HOLDINGS INC
United States
$122.09B33,927,53774.80%25.20%Net SellingNet Selling
STN
STANTEC INC
Canada
$9.74B114,066,99558.58%0.00%
SITE
SITEONE LANDSCAPE SUPPLY INC
United States
$7.15B45,212,09088.36%11.64%Net BuyingNet Selling
HEES
H&E EQUIPMENT SERVICES INC
United States
$1.78B36,527,35358.54%41.46%Net SellingNet Selling
GNRC
GENERAC HOLDINGS INC
United States
$8.21B60,269,31056.89%43.11%Net SellingNet Selling
FWRD
FORWARD AIR CORP
United States
$547.45M26,370,37093.00%7.00%Net Buying
WM
WASTE MANAGEMENT INC
United States
$84.45B401,083,09880.45%1.05%Net BuyingNet Buying
HUBG
HUB GROUP INC
United States
$2.68B62,316,08347.12%5.72%Net SellingNet Selling
FLR
FLUOR CORP
United States
$6.68B171,190,54187.70%3.16%Net SellingNet Selling
DRS
LEONARDO DRS INC
United States
$5.67B263,142,10215.16%84.84%Net SellingNet Selling
DSX
DIANA SHIPPING INC
Greece
$340.33M113,065,72511.45%0.00%
ARMK
ARAMARK
United States
$8.30B262,453,79184.33%15.67%Net BuyingNet Buying

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.