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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)
AMPX
AMPRIUS TECHNOLOGIES INC
United States
$213.42M91,597,8174.85%78.15%Net SellingNet Buying
VLRS
CONTROLADORA VUELA COMPANIA DE AVIACION SAB DE CV
Mexico
$221.20M263,014,58317.43%0.00%
CMPO
COMPOSECURE INC
United States
$584.29M80,591,25923.85%25.80%Net BuyingNet Buying
ULH
UNIVERSAL LOGISTICS HOLDINGS INC
United States
$1.19B26,309,22315.98%84.02%Net BuyingNet Buying
TRN
TRINITY INDUSTRIES INC
United States
$2.50B81,835,83542.01%57.99%Net SellingNet Selling
BLNK
BLINK CHARGING CO
United States
$324.19M100,993,57929.73%20.60%Net SellingNet Selling
SYM
SYMBOTIC INC
United States
$3.74B89,060,3509.29%90.71%Net SellingNet Selling
GBX
GREENBRIER COMPANIES INC
United States
$1.62B31,130,94388.08%11.92%Net SellingNet Selling
AGX
ARGAN INC
United States
$843.79M13,240,12145.02%54.98%Net SellingNet Selling
CAR
AVIS BUDGET GROUP INC
United States
$4.33B35,647,16433.29%66.71%Net SellingNet Selling
IIIN
INSTEEL INDUSTRIES INC
United States
$651.64M19,475,06182.72%13.81%Net SellingNet Selling
MNTX
MANITEX INTERNATIONAL INC
United States
$154.77M20,364,03340.00%60.00%Net Selling
XOS
XOS INC
United States
$58.13M7,750,2580.05%99.95%Net SellingNet Selling
HTLD
HEARTLAND EXPRESS INC
United States
$861.65M79,050,32326.29%73.71%Net BuyingNet Buying
ACTG
ACACIA RESEARCH CORP
United States
$514.46M99,895,47338.52%61.48%Net BuyingNet Selling
KRNT
KORNIT DIGITAL LTD
Israel
$781.65M47,719,63395.07%0.00%
FTEK
FUEL TECH INC
United States
$38.59M30,385,29717.31%82.69%Net Buying
HNI
HNI CORP
United States
$2.10B47,297,06877.55%5.60%Net SellingNet Selling
HSON
HUDSON GLOBAL INC
United States
$45.19M2,815,36010.42%89.58%Net SellingNet Selling
CRS
CARPENTER TECHNOLOGY CORP
United States
$5.06B49,608,26884.40%15.60%Net Selling
GSL
GLOBAL SHIP LEASE INC
Marshall Islands
$822.00M35,188,32351.22%8.11%
HQI
HIREQUEST INC
United States
$179.90M14,000,0002.11%97.89%Net BuyingNet Buying
CNHI
CNH INDUSTRIAL NV
United Kingdom
$18.86B1,628,479,44546.35%0.00%
ACA
ARCOSA INC
United States
$4.23B48,582,54453.68%46.32%Net SellingNet Selling
PANL
PANGAEA LOGISTICS SOLUTIONS LTD
United States
$343.40M46,721,22823.63%76.37%Net SellingNet Buying
KTOS
KRATOS DEFENSE & SECURITY SOLUTIONS INC
United States
$2.47B129,997,44171.20%28.80%Net SellingNet Selling
SLDP
SOLID POWER INC
United States
$345.89M181,091,82627.21%31.63%Net SellingNet Selling
IVAC
INTEVAC INC
United States
$111.92M26,584,05738.59%61.41%Net Selling
MEG
MONTROSE ENVIRONMENTAL GROUP INC
United States
$1.43B30,380,67486.65%11.70%Net Buying
FC
FRANKLIN COVEY CO
United States
$529.98M13,266,00051.39%48.61%Net Selling
HLIO
HELIOS TECHNOLOGIES INC
United States
$1.57B33,116,55192.01%7.99%Net SellingNet Selling
CAE
CAE INC
Canada
$6.61B318,302,30867.15%0.00%
CODA
CODA OCTOPUS GROUP INC
United States
$75.64M11,172,6833.47%96.53%Net Selling
BLDE
BLADE AIR MOBILITY INC
United States
$273.07M75,433,15446.84%31.95%Net SellingNet Selling
AMSC
AMERICAN SUPERCONDUCTOR CORP
United States
$422.32M30,736,34750.90%49.10%Net Selling
GATX
GATX CORP
United States
$4.60B35,600,00086.79%13.21%Net BuyingNet Selling
PRLB
PROTO LABS INC
United States
$794.42M25,316,07066.03%33.97%Net SellingNet Selling
UPWK
UPWORK INC
United States
$1.68B133,118,34556.56%43.44%Net SellingNet Selling
CRGO
FREIGHTOS LTD
Cayman Islands
$126.92M47,894,6884.27%6.00%
BAH
BOOZ ALLEN HAMILTON HOLDING CORP
United States
$19.84B129,745,86029.77%70.23%Net SellingNet Selling
SVII
SPRING VALLEY ACQUISITION CORP II
United States
$247.57M22,424,43272.43%27.57%
SUGP
SU GROUP HOLDINGS LTD
Hong Kong
$29.40M12,000,0000.00%0.00%
EXPO
EXPONENT INC
United States
$4.79B50,670,27191.69%2.72%Net SellingNet Selling
WCN
WASTE CONNECTIONS INC
Canada
$42.99B258,021,19386.09%0.56%Net SellingNet Selling
EVI
EVI INDUSTRIES INC
United States
$289.48M12,674,26320.60%79.40%Net SellingNet Selling
MDU
MDU RESOURCES GROUP INC
United States
$5.18B203,888,23771.30%2.67%Net SellingNet Selling
NSC
NORFOLK SOUTHERN CORP
United States
$52.07B225,914,02875.08%1.54%Net SellingNet Selling
DXPE
DXP ENTERPRISES INC
United States
$863.38M16,180,31758.91%41.09%Net SellingNet Selling
OFLX
OMEGA FLEX INC
United States
$675.61M10,094,32214.28%85.72%Net SellingNet Selling
OTIS
OTIS WORLDWIDE CORP
United States
$37.64B404,322,81188.15%0.13%Net SellingNet Selling
URI
UNITED RENTALS INC
United States
$45.50B66,589,92655.03%44.97%Net SellingNet Selling
CRESY
CRESUD INC
Argentina
$617.72M593,389,8831.29%0.00%
TRIP
TRIPADVISOR INC
United States
$3.52B137,899,69372.79%27.21%Net SellingNet Selling
SHPW
SHAPEWAYS HOLDINGS INC
United States
$10.12M6,616,4654.72%95.28%Net SellingNet Selling
TWIN
TWIN DISC INC
United States
$220.43M13,995,62759.87%14.18%Net BuyingNet Buying
APWC
ASIA PACIFIC WIRE & CABLE CORP LTD
Taiwan
$29.28M20,616,2271.00%6.57%
NPWR
NET POWER INC
United States
$2.36B213,761,86315.64%66.08%Net Buying
BCO
BRINKS CO
United States
$4.03B44,412,59982.52%17.48%Net SellingNet Selling
JOBY
JOBY AVIATION INC
United States
$3.89B702,857,09838.11%61.89%Net SellingNet Selling
RDW
REDWIRE CORP
United States
$266.25M65,578,7245.69%94.31%Net Selling
CMCO
COLUMBUS MCKINNON CORP
United States
$1.25B28,755,97863.09%36.91%Net BuyingNet Buying
HEI
HEICO CORP
United States
$29.42B138,364,36579.09%4.45%Net BuyingNet Buying
PFMT
PERFORMANT FINANCIAL CORP
United States
$219.99M76,920,46038.76%61.24%Net Selling
RYI
RYERSON HOLDING CORP
United States
$786.63M34,335,75954.88%45.12%Net SellingNet Selling
IVDA
IVEDA SOLUTIONS INC
United States
$13.94M16,169,8914.27%4.33%
TOMZ
TOMI ENVIRONMENTAL SOLUTIONS INC
United States
$12.57M19,955,2054.77%15.44%Net Buying
TTEK
TETRA TECH INC
United States
$11.35B53,497,27088.60%4.54%Net SellingNet Selling
HAYW
HAYWARD HOLDINGS INC
United States
$3.10B214,858,34068.75%31.25%Net SellingNet Selling
ENVX
ENOVIX CORP
United States
$1.65B168,504,13650.86%24.04%Net SellingNet Selling
POWW
AMMO INC
United States
$299.03M118,660,98426.37%31.25%Net SellingNet Selling
AIR
AAR CORP
United States
$2.52B35,427,05689.90%10.10%Net BuyingNet Selling
PRIM
PRIMORIS SERVICES CORP
United States
$2.55B53,436,88476.50%23.50%Net SellingNet Selling
HAFN
HAFNIA LTD
Singapore
N/A510,157,8510.00%0.00%
EVLV
EVOLV TECHNOLOGIES HOLDINGS INC
United States
$602.64M152,182,63352.13%27.64%Net SellingNet Selling
MTW
MANITOWOC CO INC
United States
$436.96M35,096,90878.53%14.10%Net SellingNet Selling
NCLH
NORWEGIAN CRUISE LINE HOLDINGS LTD
United States
$6.90B425,657,46869.46%10.36%Net SellingNet Selling
WLDN
WILLDAN GROUP INC
United States
$453.48M13,817,07456.73%43.27%Net SellingNet Selling
GTES
GATES INDUSTRIAL CORP PLC
United States
$4.31B261,380,26188.82%11.18%Net SellingNet Selling
XPO
XPO INC
United States
$12.88B116,330,52252.28%47.72%Net SellingNet Selling
SKYW
SKYWEST INC
United States
$3.10B40,259,47346.70%53.30%Net SellingNet Selling
SKYX
SKYX PLATFORMS CORP
United States
$93.96M96,870,90211.24%39.61%Net SellingNet Selling
CVV
CVD EQUIPMENT CORP
United States
$30.78M6,824,51121.89%49.30%Net BuyingNet Buying
NKLA
NIKOLA CORP
United States
$850.79M1,335,615,16533.54%10.54%Net SellingNet Selling
CBZ
CBIZ INC
United States
$3.74B50,112,13862.01%37.99%Net SellingNet Selling
ACAB
ATLANTIC COASTAL ACQUISITION CORP II
United States
$93.11M8,167,39025.48%74.52%
MMM
3M CO
United States
$53.45B553,361,25765.15%0.50%Net BuyingNet Buying
PNR
PENTAIR PLC
United Kingdom
$13.59B166,024,62383.66%16.34%Net SellingNet Selling
HI
HILLENBRAND INC
United States
$3.05B70,195,43888.94%6.30%Net BuyingNet Buying
GLBS
GLOBUS MARITIME LTD
Greece
$38.49M20,582,3010.91%0.00%
ADT
ADT INC
United States
$6.27B910,373,92857.38%42.62%Net SellingNet Selling
TDG
TRANSDIGM GROUP INC
United States
$72.38B55,606,26117.90%82.10%Net SellingNet Selling
FERG
FERGUSON PLC
United Kingdom
$44.35B202,813,40180.86%0.13%Net Selling
ARQ
ARQ INC
United States
$264.91M33,238,43618.48%55.85%Net BuyingNet Buying
LTBR
LIGHTBRIDGE CORP
United States
$34.85M13,941,4802.87%97.13%Net SellingNet Buying
BE
BLOOM ENERGY CORP
United States
$2.74B224,973,11877.00%13.34%Net SellingNet Selling
CODI
COMPASS DIVERSIFIED HOLDINGS
United States
$1.67B75,384,05253.87%34.81%Net BuyingNet Selling
RBA
RB GLOBAL INC
Canada
$12.96B183,016,77092.27%0.53%Net SellingNet Selling
CDRE
CADRE HOLDINGS INC
United States
$1.30B37,587,43625.47%74.53%Net SellingNet Selling
ROAD
CONSTRUCTION PARTNERS INC
United States
$2.75B52,827,36642.79%57.21%Net Selling
TNET
TRINET GROUP INC
United States
$5.17B50,563,84969.19%30.81%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.