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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
RBA	RB GLOBAL INC	Canada	$12.96B	183,016,770	92.27%	0.53%	Net Selling	Net Selling
ALTG	ALTA EQUIPMENT GROUP INC	United States	$383.89M	32,368,112	53.13%	46.87%	Net Selling	Net Selling
FLUX	FLUX POWER HOLDINGS INC	United States	$81.84M	16,532,493	3.02%	96.98%	Net Selling	Net Selling
CDLR	CADELER A	Denmark	$1.53B	311,409,868	2.85%	0.00%
GHM	GRAHAM CORP	United States	$317.05M	10,828,327	69.40%	13.97%	Net Selling
ROAD	CONSTRUCTION PARTNERS INC	United States	$2.75B	52,827,366	42.79%	57.21%	Net Selling
ORN	ORION GROUP HOLDINGS INC	United States	$256.93M	32,855,783	67.64%	14.68%	Net Selling	Net Buying
TNET	TRINET GROUP INC	United States	$5.17B	50,563,849	69.19%	30.81%	Net Selling	Net Selling
CODI	COMPASS DIVERSIFIED HOLDINGS	United States	$1.67B	75,384,052	53.87%	34.81%	Net Buying	Net Selling
AVAV	AEROVIRONMENT INC	United States	$5.06B	28,135,734	68.21%	31.79%	Net Buying	Net Selling
NMM	NAVIOS MARITIME PARTNERS LP	Monaco	$1.33B	30,184,388	24.77%	0.00%
ULCC	FRONTIER GROUP HOLDINGS INC	United States	$1.37B	223,958,245	30.22%	69.78%	Net Buying	Net Selling
KODK	EASTMAN KODAK CO	United States	$379.53M	79,900,000	33.58%	7.87%	Net Selling	Net Selling
GLDD	GREAT LAKES DREDGE & DOCK CORP	United States	$469.03M	66,623,207	54.56%	45.44%	Net Buying	Net Selling
HWM	HOWMET AEROSPACE INC	United States	$32.73B	408,183,459	83.64%	16.36%	Net Selling	Net Selling
PESI	PERMA FIX ENVIRONMENTAL SERVICES INC	United States	$164.87M	13,671,022	25.52%	27.85%	Net Buying	Net Buying
MARX	MARS ACQUISITION CORP	United States	$99.61M	9,292,000	70.60%	24.14%
LXFR	LUXFER HOLDINGS PLC	United Kingdom	$311.91M	26,842,132	89.51%	2.88%	Net Selling	Net Selling
ENOV	ENOVIS CORP	United States	$2.79B	54,850,906	39.00%	61.00%	Net Selling	Net Selling
SCWO	374WATER INC	United States	$214.92M	132,667,107	12.15%	34.26%
CYRX	CRYOPORT INC	United States	$783.64M	48,977,476	96.81%	3.19%	Net Buying	Net Buying
HOLI	HOLLYSYS AUTOMATION TECHNOLOGIES LTD	China	$1.47B	61,987,791	64.78%	0.00%
BBCP	CONCRETE PUMPING HOLDINGS INC	United States	$360.41M	53,872,380	17.18%	82.82%	Net Selling	Net Selling
ACCO	ACCO BRANDS CORP	United States	$475.33M	95,639,730	81.14%	18.86%	Net Selling	Net Selling
LASE	LASER PHOTONICS CORP	United States	$19.19M	9,270,419	1.61%	63.44%	Net Buying
SPIR	SPIRE GLOBAL INC	United States	$263.34M	23,638,770	9.13%	90.87%	Net Selling	Net Selling
CEAD	CEA INDUSTRIES INC	United States	$5.42M	8,212,737	0.17%	99.83%	Net Buying
AERT	AERIES TECHNOLOGY INC	United States	$30.14M	15,619,004	6.94%	93.06%
PLUG	PLUG POWER INC	United States	$1.85B	684,255,083	43.41%	11.91%	Net Buying	Net Buying
BXC	BLUELINX HOLDINGS INC	United States	$901.17M	8,661,741	44.85%	55.15%	Net Selling	Net Selling
OPTT	OCEAN POWER TECHNOLOGIES INC	United States	$11.30M	59,463,573	6.87%	4.92%	Net Buying
SPXC	SPX TECHNOLOGIES INC	United States	$6.21B	46,230,643	86.03%	13.97%	Net Buying	Net Buying
YGMZ	MINGZHU LOGISTICS HOLDINGS LTD	China	$8.61M	22,960,277	0.17%	0.00%
RCL	ROYAL CARIBBEAN CRUISES LTD	United States	$36.87B	257,349,196	77.40%	22.60%	Net Selling	Net Selling
AAL	AMERICAN AIRLINES GROUP INC	United States	$9.61B	656,090,344	52.22%	2.79%	Net Selling	Net Selling
WLFC	WILLIS LEASE FINANCE CORP	United States	$367.93M	6,572,511	10.24%	89.76%	Net Buying	Net Buying
RLGT	RADIANT LOGISTICS INC	United States	$239.31M	46,923,036	53.59%	45.22%	Net Buying	Net Buying
AER	AERCAP HOLDINGS NV	Ireland	$17.51B	198,342,820	95.15%	3.93%
SNT	SENSTAR TECHNOLOGIES LTD	Israel	$31.93M	23,309,987	10.42%	0.00%
GFL	GFL ENVIRONMENTAL INC	Canada	$12.37B	376,471,249	65.87%	0.00%
GFAI	GUARDFORCE AI CO LTD	Singapore	$32.44M	9,830,373	1.35%	0.00%
ATMU	ATMUS FILTRATION TECHNOLOGIES INC	United States	$2.47B	83,355,930	32.64%	0.59%	Net Selling	Net Selling
WLGS	WANG & LEE GROUP INC	Hong Kong	$8.76M	15,096,331	0.33%	0.00%
TBLT	TOUGHBUILT INDUSTRIES INC	United States	$1.45M	567,926	45.02%	54.98%
BHAC	FOCUS IMPACT BH3 ACQUISITION CO	United States	$85.03M	8,051,945	13.65%	86.35%
TRC	TEJON RANCH CO	United States	$446.00M	26,787,073	55.75%	44.25%	Net Buying	Net Buying
B	BARNES GROUP INC	United States	$1.89B	50,702,072	70.92%	29.08%	Net Buying	Net Buying
NPO	ENPRO INC	United States	$3.24B	21,086,776	87.06%	12.94%	Net Selling	Net Selling
CCL	CARNIVAL CORP	United States	$19.13B	1,309,995,783	53.44%	35.51%	Net Buying	Net Selling
YOTA	YOTTA ACQUISITION CORP	United States	$42.53M	3,944,835	9.98%	90.02%
CLCO	COOL CO LTD	Bermuda	$604.16M	53,702,846	16.73%	0.00%
TOUR	TUNIU CORP	China	$113.08M	371,531,093	4.58%	0.00%
LICY	LI-CYCLE HOLDINGS CORP	Canada	$129.09M	179,047,118	31.60%	25.14%	Net Selling	Net Selling
TPC	TUTOR PERINI CORP	United States	$963.07M	52,284,162	45.42%	54.58%	Net Selling	Net Selling
ATRO	ASTRONICS CORP	United States	$653.98M	34,841,895	56.16%	35.59%	Net Selling	Net Selling
MTRX	MATRIX SERVICE CO	United States	$326.56M	27,304,734	64.46%	35.54%	Net Selling	Net Selling
CVLG	COVENANT LOGISTICS GROUP INC	United States	$599.98M	13,114,360	51.68%	32.74%	Net Selling	Net Selling
MGRC	MCGRATH RENTCORP	United States	$2.70B	24,548,743	83.92%	16.08%	Net Selling	Net Selling
GVA	GRANITE CONSTRUCTION INC	United States	$2.64B	44,151,073	96.29%	3.71%	Net Selling	Net Selling
RCRT	RECRUITERCOM GROUP INC	United States	$2.41M	1,462,570	5.24%	94.76%
ADSE	ADS-TEC ENERGY PUBLIC LTD CO	Ireland	$553.40M	50,584,758	2.13%	0.60%
MTZ	MASTEC INC	United States	$8.41B	79,458,432	64.58%	35.42%	Net Selling	Net Selling
ESHA	ESH ACQUISITION CORP	United States	$152.20M	14,662,500	74.79%	0.00%
SMR	NUSCALE POWER CORP	United States	$1.37B	234,287,956	11.54%	17.29%	Net Selling	Net Selling
DFLI	DRAGONFLY ENERGY HOLDINGS CORP	United States	$58.69M	60,260,282	8.09%	72.63%
GNK	GENCO SHIPPING & TRADING LTD	United States	$933.66M	42,730,455	53.18%	30.08%	Net Selling	Net Selling
PRG	PROG HOLDINGS INC	United States	$1.49B	43,174,574	58.48%	41.52%	Net Buying	Net Buying
BAER	BRIDGER AEROSPACE GROUP HOLDINGS INC	United States	$195.51M	44,842,587	23.25%	52.80%	Net Buying	Net Buying
ESAB	ESAB CORP	United States	$6.50B	60,424,421	89.99%	6.92%	Net Selling	Net Selling
VSAC	VISION SENSING ACQUISITION CORP	United States	$50.25M	4,350,765	28.77%	4.58%
NL	NL INDUSTRIES INC	United States	$430.71M	48,833,484	2.47%	97.53%
LIQT	LIQTECH INTERNATIONAL INC	Denmark	$15.62M	5,807,340	2.34%	97.66%	Net Selling
SWK	STANLEY BLACK & DECKER INC	United States	$13.39B	153,878,739	87.75%	2.12%	Net Selling	Net Selling
IVCP	SWIFTMERGE ACQUISITION CORP	Canada	$73.67M	6,839,913	28.28%	0.00%
FSTR	FOSTER L B CO	United States	$267.45M	11,001,640	43.01%	56.99%	Net Buying	Net Selling
DESP	DESPEGARCOM CORP	Argentina	$892.43M	66,648,804	62.33%	0.00%
FNVT	FINNOVATE ACQUISITION CORP	United States	$102.67M	9,085,832	24.72%	75.28%	Net Selling
NVRI	ENVIRI CORP	United States	$615.19M	80,103,167	93.01%	3.24%	Net Buying	Net Selling
CXW	CORECIVIC INC	United States	$1.72B	112,608,075	85.03%	8.65%	Net Selling	Net Selling
MIR	MIRION TECHNOLOGIES INC	United States	$2.29B	227,369,031	78.07%	11.74%	Net Selling	Net Selling
ACM	AECOM	United States	$13.10B	136,023,501	81.19%	18.81%	Net Selling
ASLE	AERSALE CORP	United States	$389.93M	51,990,947	36.78%	63.22%	Net Selling	Net Buying
CVR	CHICAGO RIVET & MACHINE CO	United States	$16.68M	966,132	19.74%	1.01%
LGMK	LOGICMARK INC	United States	$1.76M	2,196,612	0.11%	99.89%
MHH	MASTECH DIGITAL INC	United States	$98.12M	11,612,185	16.53%	83.47%
HHS	HARTE HANKS INC	United States	$51.19M	7,240,905	9.43%	90.57%	Net Buying	Net Buying
SAVE	SPIRIT AIRLINES INC	United States	$366.83M	109,501,395	41.43%	58.57%	Net Buying	Net Buying
KWE	KWESST MICRO SYSTEMS INC	Canada	$4.44M	5,616,782	19.19%	0.00%
MRCY	MERCURY SYSTEMS INC	United States	$1.73B	59,365,980	73.44%	26.56%	Net Buying	Net Buying
ELVA	ELECTROVAYA INC	Canada	$109.28M	33,832,784	12.59%	0.00%
FREY	FREYR BATTERY INC	United States	$250.07M	139,705,234	35.25%	25.47%
JCSE	JE CLEANTECH HOLDINGS LTD	Singapore	$3.96M	5,006,666	0.01%	0.00%
OESX	ORION ENERGY SYSTEMS INC	United States	$28.33M	32,561,601	47.68%	50.67%	Net Buying
CECO	CECO ENVIRONMENTAL CORP	United States	$805.96M	34,935,514	44.80%	55.20%	Net Buying	Net Buying
IPWR	IDEAL POWER INC	United States	$56.91M	7,371,699	13.19%	52.67%	Net Selling
SPR	SPIRIT AEROSYSTEMS HOLDINGS INC	United States	$3.83B	116,053,453	92.89%	3.14%	Net Selling	Net Selling
ALSA	ALPHA STAR ACQUISITION CORP	United States	$139.62M	12,268,503	55.45%	44.55%
BYNO	BYNORDIC ACQUISITION CORP	Sweden	$114.58M	10,276,272	33.66%	10.65%	Net Selling
ATXG	ADDENTAX GROUP CORP	China	$4.20M	4,294,979	0.03%	0.00%
MOND	MONDEE HOLDINGS INC	United States	$206.37M	83,551,705	11.45%	88.55%	Net Selling	Net Selling

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	72	+1.12%	+2.12%	+3.00%	+13.94%	23.89x	5.51x	+12.59%	+4.32%	+10.95%	+5.33%	Buy
Airlines	18	+1.92%	+1.84%	+0.03%	+9.92%	16.26x	3.01x	+22.50%	+4.83%	+12.20%	+20.89%	Buy
Airports & Air Services	12	+0.81%	-1.88%	+4.26%	+7.01%	10.78x	4.80x	-0.20%	+4.60%	+11.52%	-8.71%	Strong Buy
Business Equipment & Supplies	5	+0.56%	+2.73%	-0.15%	+37.98%	18.55x	1.52x	+8.72%	+4.50%	+8.53%	+25.87%	Strong Buy
Conglomerates	20	-0.70%	-1.41%	-0.29%	-14.01%	15.25x	4.92x	-10.56%	+2.07%	+8.50%	+16.86%	Strong Buy
Consulting Services	14	+2.40%	+3.99%	+1.19%	+25.05%	29.59x	7.87x	+86.06%	+8.37%	+16.69%	+12.37%	Buy
Electrical Equipment & Parts	56	+1.02%	+0.44%	+0.46%	+31.53%	39.85x	4.38x	+17.29%	+5.78%	+10.76%	+9.84%	Buy
Engineering & Construction	41	+3.07%	+3.73%	+2.66%	+61.11%	10.38x	4.41x	+12.25%	+5.19%	+13.19%	+5.43%	Strong Buy
Farm & Heavy Construction Machinery	27	+0.97%	-1.81%	-7.31%	+14.99%	12.81x	4.68x	+46.07%	+11.17%	+16.25%	+11.58%	Buy
Industrial Distribution	18	+1.30%	+1.36%	-4.49%	+32.41%	541.04x	6.78x	+33.98%	+15.30%	+27.80%	+7.86%	Strong Buy
Infrastructure Operations	2	+2.31%	+7.96%	+5.61%	+8.89%	51.83x	8.11x	+16.94%	+4.13%	+11.96%	-24.70%	Hold
Integrated Freight & Logistics	20	+0.04%	+1.04%	-4.40%	-10.07%	20.06x	4.04x	+24.31%	+7.86%	+14.99%	+12.69%	Buy
Marine Shipping	38	-0.23%	+1.62%	+3.37%	+43.83%	15.97x	1.03x	+7.58%	+4.53%	+7.33%	+16.51%	Strong Buy
Metal Fabrication	19	+0.82%	+3.87%	+0.76%	+32.21%	20.30x	3.13x	+17.27%	+8.66%	+14.21%	+10.58%	Buy
Pollution & Treatment Controls	16	+1.81%	-1.07%	+1.35%	+22.30%	12.26x	7.44x	+19.81%	+2.63%	+5.08%	+18.47%	Buy
Railroads	11	-0.10%	-0.55%	-2.35%	+21.77%	24.71x	4.58x	+26.94%	+7.75%	+10.41%	+10.53%	Buy
Rental & Leasing Services	23	+1.82%	-0.76%	-3.53%	+39.76%	16.35x	2.30x	+14.09%	+6.12%	+7.64%	+4.31%	Buy
Security & Protection Services	24	+1.67%	+0.48%	-2.43%	+26.87%	19.90x	3.02x	+23.60%	+8.09%	+14.60%	+14.01%	Strong Buy
Shell Companies	202	+0.13%	-0.42%	-0.50%	+4.29%	8.96x	-14.60x	-28.78%	+1.19%	-1.56%	N/A
Specialty Business Services	39	+0.90%	+1.43%	-1.60%	+24.51%	35.63x	4.90x	+26.96%	+11.80%	+19.68%	+10.37%	Buy
Specialty Industrial Machinery	75	+1.33%	-0.02%	-1.78%	+27.91%	30.24x	5.16x	+22.28%	+8.71%	+16.06%	+10.26%	Buy
Staffing & Employment Services	26	+0.47%	-0.18%	-4.56%	+3.36%	27.42x	9.28x	+66.73%	+8.34%	+44.90%	+9.59%	Buy
Tools & Accessories	12	+1.72%	+1.61%	-4.53%	+5.37%	-11.76x	2.74x	+17.38%	+8.11%	+14.28%	+6.93%	Buy
Travel Services	19	+0.79%	+1.67%	-0.15%	+37.21%	30.62x	9.65x	-50.62%	+14.40%	+31.80%	+12.66%	Buy
Trucking	16	-0.49%	-2.66%	-21.24%	+24.93%	51.24x	3.69x	+20.54%	+13.23%	+19.51%	+27.54%	Buy
Waste Management	20	+1.87%	+2.26%	+0.37%	+22.69%	36.99x	5.80x	+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.