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)
CCTS	CACTUS ACQUISITION CORP 1 LTD	United States	$62.37M	5,074,871	36.19%	22.75%	Net Selling
JUNE	JUNEE LTD	Hong Kong	N/A	12,714,286	0.00%	0.00%
CVV	CVD EQUIPMENT CORP	United States	$30.03M	6,824,511	22.55%	49.30%	Net Buying	Net Buying
OESX	ORION ENERGY SYSTEMS INC	United States	$32.89M	32,561,601	47.26%	50.67%	Net Buying
BECN	BEACON ROOFING SUPPLY INC	United States	$6.11B	63,599,031	78.28%	21.72%	Net Selling	Net Selling
TISI	TEAM INC	United States	$32.23M	4,415,201	32.75%	67.25%	Net Buying	Net Buying
AULT	AULT ALLIANCE INC	United States	$11.58M	30,065,399	0.53%	64.46%	Net Buying
ALPP	ALPINE 4 HOLDINGS INC	United States	$20.85M	26,659,202	4.11%	95.89%
TRU	TRANSUNION	United States	$15.09B	194,200,000	70.62%	29.38%	Net Selling	Net Selling
SPCB	SUPERCOM LTD	Israel	$2.83M	13,291,028	2.39%	45.94%
HHS	HARTE HANKS INC	United States	$54.89M	7,240,905	9.14%	90.86%	Net Buying	Net Buying
UGRO	URBAN-GRO INC	United States	$21.07M	12,318,761	20.95%	48.70%	Net Buying	Net Selling
OP	OCEANPAL INC	Greece	$19.06M	7,448,601	0.39%	0.00%
BA	BOEING CO	United States	$113.54B	613,884,224	63.67%	1.33%	Net Selling	Net Selling
RDW	REDWIRE CORP	United States	$318.71M	65,578,724	6.60%	93.40%	Net Selling
TBI	TRUEBLUE INC	United States	$341.46M	30,569,641	91.53%	8.47%	Net Selling	Net Selling
FATH	FATHOM DIGITAL MANUFACTURING CORP	United States	$36.19M	6,867,800	1.04%	98.96%	Net Selling	Net Selling
QRHC	QUEST RESOURCE HOLDING CORP	United States	$193.19M	20,229,821	3.92%	96.08%	Net Buying	Net Buying
SFL	SFL CORP LTD	Bermuda	$1.93B	137,467,078	28.83%	0.00%
EDRY	EURODRY LTD	Greece	$62.09M	2,832,417	3.70%	0.00%
FSTR	FOSTER L B CO	United States	$323.43M	10,963,711	44.34%	55.66%	Net Selling	Net Selling
CXW	CORECIVIC INC	United States	$1.67B	111,256,728	84.12%	8.76%	Net Selling	Net Selling
SHIP	SEANERGY MARITIME HOLDINGS CORP	Greece	$236.23M	19,636,352	11.09%	14.00%
DSGR	DISTRIBUTION SOLUTIONS GROUP INC	United States	$1.70B	46,808,801	42.83%	57.17%	Net Buying	Net Buying
MRCY	MERCURY SYSTEMS INC	United States	$1.88B	59,345,998	73.86%	26.14%	Net Buying	Net Buying
UP	WHEELS UP EXPERIENCE INC	United States	$1.97B	697,303,159	45.11%	54.89%	Net Selling	Net Selling
FWRD	FORWARD AIR CORP	United States	$377.54M	26,438,420	93.76%	6.24%	Net Buying
SATL	SATELLOGIC INC	United States	$133.65M	90,303,985	18.71%	0.66%
LGMK	LOGICMARK INC	United States	$1.82M	2,196,612	0.16%	99.84%
FREY	FREYR BATTERY INC	United States	$280.81M	139,705,234	34.47%	26.32%	Net Buying	Net Buying
CETY	CLEAN ENERGY TECHNOLOGIES INC	United States	$54.61M	42,665,248	0.61%	0.00%
BLEU	BLEUACACIA LTD	United States	$80.77M	7,555,496	6.87%	41.16%
BV	BRIGHTVIEW HOLDINGS INC	United States	$1.28B	94,500,000	33.07%	66.93%	Net Selling	Net Buying
GLLI	GLOBALINK INVESTMENT INC	United States	$67.16M	6,007,567	39.02%	0.67%
RENE	CARTESIAN GROWTH CORP II	United States	$242.80M	21,620,559	70.54%	26.60%
PPYA	PAPAYA GROWTH OPPORTUNITY CORP I	United States	$90.80M	8,239,404	4.71%	95.29%
DLHC	DLH HOLDINGS CORP	United States	$149.87M	14,232,891	38.51%	61.49%	Net Buying	Net Selling
SBXC	SILVERBOX CORP III	United States	$181.99M	17,250,000	76.67%	0.00%
HIHO	HIGHWAY HOLDINGS LTD	Hong Kong	$9.03M	4,219,000	4.49%	8.11%
NPAB	NEW PROVIDENCE ACQUISITION CORP II	United States	$125.20M	11,517,875	44.96%	26.05%
PLAO	PATRIA LATIN AMERICAN OPPORTUNITY ACQUISITION CORP	United States	$257.76M	22,630,481	72.05%	0.00%
ISRL	ISRAEL ACQUISITIONS CORP	United States	$140.31M	12,813,782	52.37%	14.93%
APG	API GROUP CORP	United States	$9.83B	274,286,981	73.12%	21.30%	Net Selling	Net Buying
VMCA	VALUENCE MERGER CORP I	United States	$134.35M	11,713,208	48.42%	0.00%
KBR	KBR INC	United States	$8.81B	134,275,641	45.04%	54.96%	Net Selling	Net Selling
BEST	BEST INC	China	$40.15M	403,514,399	0.26%	0.00%
DCO	DUCOMMUN INC	United States	$855.17M	14,716,338	80.17%	10.19%	Net Selling	Net Selling
INTE	INTEGRAL ACQUISITION CORP 1	United States	$44.56M	4,073,341	23.79%	69.35%
CSLM	CSLM ACQUISITION CORP	Cayman Islands	$106.01M	9,515,936	46.60%	0.00%
GBBK	GLOBAL BLOCKCHAIN ACQUISITION CORP	United States	$77.84M	7,191,880	33.73%	59.96%
EOSE	EOS ENERGY ENTERPRISES INC	United States	$148.60M	208,127,550	39.64%	13.96%	Net Selling	Net Buying
AACT	ARES ACQUISITION CORP II	United States	$663.75M	62,500,000	73.73%	0.00%
TENK	TENX KEANE ACQUISITION	United States	$74.45M	6,653,077	54.98%	45.02%
PWUP	POWERUP ACQUISITION CORP	United States	$107.89M	8,991,229	18.45%	79.94%
SMHI	SEACOR MARINE HOLDINGS INC	United States	$366.28M	27,602,032	55.38%	17.59%	Net Selling	Net Selling
GEO	GEO GROUP INC	United States	$1.83B	136,306,146	77.22%	1.85%	Net Selling	Net Selling
BW	BABCOCK & WILCOX ENTERPRISES INC	United States	$111.94M	91,012,045	23.73%	76.27%	Net Buying	Net Buying
SKYH	SKY HARBOUR GROUP CORP	United States	$812.23M	66,685,304	13.94%	86.06%
VVX	V2X INC	United States	$1.47B	31,459,020	43.97%	56.03%	Net Selling	Net Selling
BKYI	BIO KEY INTERNATIONAL INC	United States	$1.30M	762,870	0.14%	99.86%	Net Buying
SRFM	SURF AIR MOBILITY INC	United States	$32.38M	83,035,258	9.91%	9.07%	Net Buying
MPU	MEGA MATRIX CORP	United States	$60.44M	35,978,581	4.96%	7.84%
TUSK	MAMMOTH ENERGY SERVICES INC	United States	$180.03M	48,008,319	30.31%	69.69%	Net Selling	Net Buying
TRSG	TUNGRAY TECHNOLOGIES INC	Singapore	$92.79M	16,250,000	0.00%	0.00%
LLAP	TERRAN ORBITAL CORP	United States	$202.05M	202,053,138	33.12%	49.37%	Net Selling
MNTS	MOMENTUS INC	United States	$3.34M	6,562,221	1.37%	98.63%	Net Selling	Net Selling
PAL	PROFICIENT AUTO LOGISTICS INC	United States	N/A	24,112,965	0.00%	21.07%	Net Buying	Net Buying
RAIL	FREIGHTCAR AMERICA INC	United States	$69.42M	18,710,586	30.67%	53.73%	Net Buying	Net Buying
JYD	JAYUD GLOBAL LOGISTICS LTD	China	$15.59M	21,352,223	0.42%	0.00%
FIP	FTAI INFRASTRUCTURE INC	United States	$827.79M	101,693,823	74.95%	12.40%	Net Buying
ESGL	ESGL HOLDINGS LTD	Singapore	$16.10M	22,998,039	10.27%	20.27%
SABR	SABRE CORP	United States	$1.16B	381,932,365	68.21%	31.79%	Net Buying	Net Buying
MG	MISTRAS GROUP INC	United States	$259.50M	30,966,973	45.84%	39.98%	Net Selling	Net Selling
KWE	KWESST MICRO SYSTEMS INC	Canada	$2.58M	7,587,704	11.23%	0.00%
ARTW	ARTS WAY MANUFACTURING CO INC	United States	$9.58M	5,068,208	2.28%	97.72%	Net Buying
AMBI	AMBIPAR EMERGENCY RESPONSE	Brazil	$173.50M	55,429,851	1.08%	0.09%
JVSA	JVSPAC ACQUISITION CORP	Hong Kong	$77.55M	7,686,250	62.93%	6.05%
EVGR	EVERGREEN CORP	United States	$124.42M	10,903,170	52.15%	47.85%
ROCL	ROTH CH ACQUISITION V CO	United States	$64.08M	5,847,012	22.82%	77.18%	Net Selling
RRX	REGAL REXNORD CORP	United States	$10.62B	66,518,762	97.50%	2.41%	Net Selling	Net Selling
EVEX	EVE HOLDING INC	United States	$1.48B	269,365,708	1.46%	91.94%	Net Buying	Net Buying
MCAG	MOUNTAIN CREST ACQUISITION CORP V	United States	$33.92M	3,170,221	10.24%	89.76%
FER	FERROVIAL SE	Netherlands	N/A	726,309,008	0.00%	0.00%
FORR	FORRESTER RESEARCH INC	United States	$359.59M	19,107,000	53.66%	41.31%	Net Selling	Net Selling
SST	SYSTEM1 INC	United States	$139.66M	90,105,574	10.25%	89.75%	Net Buying	Net Selling
CCTG	CCSC TECHNOLOGY INTERNATIONAL HOLDINGS LTD	Hong Kong	$27.45M	11,250,000	0.00%	0.00%
ZIM	ZIM INTEGRATED SHIPPING SERVICES LTD	United States	$2.25B	120,286,627	28.05%	0.00%
IBAC	IB ACQUISITION CORP	United States	$157.10M	15,749,090	59.55%	20.60%
BOWN	BOWEN ACQUISITION CORP	United States	$96.25M	9,166,500	67.87%	22.34%
PLMJ	PLUM ACQUISITION CORP III	United States	$244.34M	22,644,909	26.25%	0.00%
APCA	AP ACQUISITION CORP	Cayman Islands	$178.01M	15,615,034	65.20%	0.00%
SHIM	SHIMMICK CORP	United States	$43.48M	25,575,344	8.54%	86.78%	Net Buying
CHNR	CHINA NATURAL RESOURCES INC	Hong Kong	$9.37M	9,865,767	4.41%	8.51%
IPDN	PROFESSIONAL DIVERSITY NETWORK INC	United States	$11.02M	11,676,893	1.77%	98.23%	Net Selling
TPCS	TECHPRECISION CORP	United States	$34.32M	8,777,432	12.69%	87.31%	Net Buying
KCGI	KENSINGTON CAPITAL ACQUISITION CORP V	United States	$125.47M	11,442,733	36.09%	0.00%
XPON	EXPION360 INC	United States	$15.49M	7,445,261	2.50%	31.49%	Net Selling
APXI	APX ACQUISITION CORP I	Cayman Islands	$113.87M	9,910,124	51.86%	17.86%
JBLU	JETBLUE AIRWAYS CORP	United States	$2.05B	340,135,050	72.99%	27.01%	Net Selling	Net Selling
IDEX	IDEANOMICS INC	United States	$11.97M	11,972,346	1.80%	98.20%	Net Buying

Industrial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Aerospace & Defense	72	+0.29%	-0.34%	+5.69%	+16.05%	21.79x	5.62x	+12.28%	+4.24%	+8.49%	+7.84%	Strong Buy
Airlines	20	-0.57%	+0.45%	+2.08%	+1.70%	15.77x	2.97x	+22.14%	+4.54%	+11.73%	+24.42%	Buy
Airports & Air Services	9	-0.06%	+1.85%	+18.29%	+8.96%	16.73x	4.95x	-17.47%	+5.55%	+8.58%	-12.95%	Strong Buy
Business Equipment & Supplies	5	-0.44%	+1.15%	+11.22%	+43.59%	19.74x	1.59x	+8.35%	+4.27%	+8.11%	+21.22%	Strong Buy
Conglomerates	21	+0.59%	+4.32%	+10.22%	-9.46%	16.07x	5.24x	-10.89%	+2.23%	+8.54%	+12.48%	Strong Buy
Consulting Services	16	+0.05%	+0.67%	+8.61%	+24.64%	32.44x	8.09x	+86.84%	+8.45%	+16.78%	+10.18%	Buy
Electrical Equipment & Parts	53	-0.77%	-1.73%	+4.45%	+30.77%	39.70x	4.39x	+14.69%	+5.44%	+4.87%	+12.43%	Buy
Engineering & Construction	41	-0.01%	-2.45%	+9.80%	+58.60%	-65.95x	4.32x	+11.70%	+5.18%	+13.19%	+7.58%	Strong Buy
Farm & Heavy Construction Machinery	26	+0.25%	-1.97%	-0.67%	+19.86%	13.13x	4.76x	+46.42%	+11.27%	+16.59%	+9.66%	Buy
Industrial Distribution	17	+0.13%	-0.80%	+3.83%	+31.44%	533.60x	6.69x	+34.59%	+15.76%	+28.64%	+7.38%	Strong Buy
Infrastructure Operations	3	-0.49%	+5.20%	+13.51%	+8.86%	53.40x	1.01x	+17.47%	+4.17%	+11.97%	-26.82%	Hold
Integrated Freight & Logistics	22	-0.77%	-1.15%	+3.17%	-9.34%	20.86x	4.11x	+24.24%	+7.80%	+15.01%	+12.69%	Buy
Marine Shipping	40	+0.64%	+2.97%	+16.21%	+52.40%	23.32x	1.12x	+4.93%	+3.39%	+5.53%	+10.74%	Strong Buy
Metal Fabrication	20	-0.78%	-0.60%	+8.11%	+33.20%	22.49x	3.29x	+18.16%	+9.02%	+15.06%	+9.87%	Buy
Pollution & Treatment Controls	17	-0.30%	-0.17%	+4.48%	+24.68%	12.65x	7.70x	+19.43%	+2.55%	+4.89%	+14.82%	Buy
Railroads	11	-0.06%	-0.50%	+4.17%	+23.59%	24.95x	4.63x	+27.00%	+7.76%	+10.43%	+8.68%	Buy
Rental & Leasing Services	23	+0.51%	-0.23%	+6.85%	+41.04%	16.37x	2.34x	+14.54%	+6.10%	+7.59%	+3.15%	Buy
Security & Protection Services	23	+0.16%	-0.33%	+2.25%	+22.72%	21.22x	3.04x	+24.93%	+8.29%	+15.19%	+11.70%	Buy
Shell Companies	200	-0.05%	+0.24%	+0.42%	+4.92%	16.84x	-14.96x	-20.93%	+0.46%	+4.71%	N/A
Specialty Business Services	38	+0.09%	+0.06%	+3.91%	+25.32%	34.51x	4.94x	+27.23%	+11.83%	+19.79%	+8.62%	Buy
Specialty Industrial Machinery	76	+0.06%	-0.90%	+2.63%	+29.74%	25.65x	5.18x	+23.08%	+9.11%	+17.05%	+11.03%	Buy
Staffing & Employment Services	25	+0.12%	+1.26%	+1.59%	+5.83%	28.32x	9.61x	+65.48%	+8.35%	+44.95%	+7.93%	Buy
Tools & Accessories	12	+2.01%	+0.54%	+3.96%	+9.53%	-32.28x	2.80x	+17.14%	+8.04%	+14.16%	+3.96%	Buy
Travel Services	18	-0.57%	-1.74%	+6.86%	+38.28%	25.24x	12.69x	-56.30%	+14.29%	+32.93%	+10.64%	Buy
Trucking	16	-1.47%	-2.30%	-13.32%	+27.82%	28.68x	3.70x	+19.99%	+12.96%	+19.17%	+26.35%	Buy
Waste Management	20	+0.19%	+0.27%	+4.10%	+20.92%	37.74x	5.85x	+20.21%	+5.45%	+9.73%	+7.97%	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. Danaos (NYSE:DAC)

Danaos (NYSE:DAC) 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 27 out of 38 due diligence checks and has strong fundamentals. Danaos has seen its stock return 37.49% over the past year, overperforming other industrial stocks by 16 percentage points.

Danaos has an average 1 year price target of $90.00, an upside of 5.7% from Danaos's current stock price of $85.15.

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.

2. Kanzhun (NASDAQ:BZ)

Kanzhun (NASDAQ:BZ) 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 24 out of 33 due diligence checks and has strong fundamentals. Kanzhun has seen its stock return 24.55% over the past year, overperforming other industrial stocks by 3 percentage points.

Kanzhun has an average 1 year price target of $24.00, an upside of 8.25% from Kanzhun's current stock price of $22.17.

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.

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 -24.32% over the past year, underperforming other industrial stocks by -45 percentage points.

Resources Connection has an average 1 year price target of $13.00, an upside of 13.54% from Resources Connection's current stock price of $11.45.

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. 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 2.07%.

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 26.32%, which is 24 percentage points higher than the industrial sector average of 2.07%.

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 16.67%, which is 15 percentage points higher than the industrial sector average of 2.07%. 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 0.04% in the last day, and down -0.28% over the last week. Safe & Green Holdings was the among the top gainers in the industrials sector, gaining 36.66% yesterday.

Safe & Green Holdings shares are trading higher after the company reported a year-over-year increase in Q1 EPS results.

What are the most undervalued industrial stocks?

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

1. Resources Connection (NASDAQ:RGP)

Resources Connection (NASDAQ:RGP) is the 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 -24.32% in the past year. It has underperformed other stocks in the industrial sector by -45 percentage points.

2. Spar Group (NASDAQ:SGRP)

Spar Group (NASDAQ:SGRP) is the second most undervalued industrial stock based on WallStreetZen's Valuation Score. Spar Group 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.

Spar Group's stock has gained 78.5% in the past year. It has overperformed other stocks in the industrial sector by 57 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 140.41% in the past year. It has overperformed other stocks in the industrial sector by 119 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 9.49% 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 38.71x.

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.