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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)
AZUL
AZUL SA
Brazil
$687.65M1,264,715,8541.90%0.00%
ACM
AECOM
United States
$12.20B136,127,40080.93%19.07%Net SellingNet Selling
SVT
SERVOTRONICS INC
United States
$31.09M2,548,6737.14%92.86%Net SellingNet Selling
POLA
POLAR POWER INC
United States
$8.17M17,561,61218.79%35.44%
NNBR
NN INC
United States
$166.52M50,004,84561.85%30.11%Net BuyingNet Buying
GIFI
GULF ISLAND FABRICATION INC
United States
$109.91M16,282,52123.01%76.99%Net SellingNet Selling
SPKL
SPARK I ACQUISITION CORP
United States
$169.15M16,422,07856.40%0.00%
SRCL
STERICYCLE INC
United States
$4.32B92,785,31596.76%3.24%Net SellingNet Selling
TGI
TRIUMPH GROUP INC
United States
$1.13B76,866,07492.24%7.76%Net SellingNet Selling
DFLI
DRAGONFLY ENERGY HOLDINGS CORP
United States
$67.77M60,509,4767.82%72.33%
OMEX
ODYSSEY MARINE EXPLORATION INC
United States
$82.13M20,431,12641.85%44.78%Net Selling
CACO
CARAVELLE INTERNATIONAL GROUP
Singapore
$51.50M50,000,0000.21%6.18%
EPOW
SUNRISE NEW ENERGY CO LTD
China
$18.77M26,141,3500.10%0.00%
AZ
A2Z SMART TECHNOLOGIES CORP
Canada
$17.06M41,205,7424.28%0.00%
SIDU
SIDUS SPACE INC
United States
$14.09M4,181,3442.93%97.07%
FLYX
FLYEXCLUSIVE INC
United States
$488.72M77,822,0211.97%81.96%Net BuyingNet Buying
BUJA
BUKIT JALIL GLOBAL ACQUISITION 1 LTD
Malaysia
$82.20M7,761,80773.51%23.99%
TPIC
TPI COMPOSITES INC
United States
$187.50M47,468,50341.83%58.17%Net SellingNet Selling
RCRT
RECRUITERCOM GROUP INC
United States
$5.11M2,702,3260.29%78.02%
STAF
STAFFING 360 SOLUTIONS INC
United States
$2.58M7,812,1004.85%95.15%
NEOV
NEOVOLTA INC
United States
$83.75M33,236,0914.96%14.84%
HTLD
HEARTLAND EXPRESS INC
United States
$905.93M79,051,07023.42%76.58%Net BuyingNet Buying
NNE
NANO NUCLEAR ENERGY INC
United States
N/A29,007,0150.00%72.28%
STI
SOLIDION TECHNOLOGY INC
United States
$155.94M73,211,0002.38%97.28%
GRIN
GRINDROD SHIPPING HOLDINGS LTD
Singapore
$270.68M19,685,5900.61%21.99%
AIRI
AIR INDUSTRIES GROUP
United States
$18.39M3,324,7851.41%98.59%Net BuyingNet Buying
RVSN
RAIL VISION LTD
Israel
$3.18M2,998,2783.01%0.00%
GAQ
GENERATION ASIA I ACQUISITION LTD
China
$87.18M7,839,85562.56%37.44%
SOAR
VOLATO GROUP INC
United States
$47.40M29,258,0872.65%47.12%Net BuyingNet Buying
TOPS
TOP SHIPS INC
Greece
$56.90M4,626,1970.77%1.63%
BEEP
MOBILE INFRASTRUCTURE CORP
United States
$105.00M30,000,00017.50%82.50%Net BuyingNet Buying
CPBI
CENTRAL PLAINS BANCSHARES INC
United States
$41.14M4,130,81517.86%5.44%
SIF
SIFCO INDUSTRIES INC
United States
$20.18M6,189,71616.92%55.12%
SLND
SOUTHLAND HOLDINGS INC
United States
$230.52M48,025,6882.03%97.97%Net SellingNet Selling
AWX
AVALON HOLDINGS CORP
United States
$9.36M3,899,4317.94%86.72%
NXU
NXU INC
United States
$214.92k459,2320.21%99.79%Net Selling
VIK
VIKING HOLDINGS LTD
United States
N/A431,455,0240.00%0.00%
BAER
BRIDGER AEROSPACE GROUP HOLDINGS INC
United States
$195.11M47,014,18922.88%50.36%Net BuyingNet Buying
AP
AMPCO PITTSBURGH CORP
United States
$30.00M19,865,74941.20%58.80%Net SellingNet Selling
USEA
UNITED MARITIME CORP
Greece
$23.21M8,694,6301.45%0.00%
UHAL
U-HAUL HOLDING CO
United States
$13.54B196,077,88035.02%26.19%Net SellingNet Selling
WEL
INTEGRATED WELLNESS ACQUISITION CORP
United States
$81.85M7,130,11753.83%6.29%
NETD
NABORS ENERGY TRANSITION CORP II
United States
$401.84M38,125,00076.65%0.00%Net Buying
HYFM
HYDROFARM HOLDINGS GROUP INC
United States
$38.16M45,978,79520.44%16.29%Net SellingNet Selling
HRT
HIRERIGHT HOLDINGS CORP
United States
$965.84M67,352,96125.91%74.09%Net Selling
HYAC
HAYMAKER ACQUISITION CORP 4
United States
$311.14M29,547,60074.49%2.70%Net Buying
PRLH
PEARL HOLDINGS ACQUISITION CORP
United States
$78.49M7,167,69324.22%14.61%Net Selling
AFAR
AURA FAT PROJECTS ACQUISITION CORP
Singapore
$65.10M5,781,69649.96%0.00%
PIXY
SHIFTPIXY INC
United States
$12.97M6,755,6860.05%99.95%
DMYY
DMY SQUARED TECHNOLOGY GROUP INC
United States
$42.08M3,918,33655.07%0.00%
MESA
MESA AIR GROUP INC
United States
$35.62M40,940,32610.85%4.63%Net SellingNet Buying
NFYS
ENPHYS ACQUISITION CORP
United States
$162.22M14,882,79137.94%33.56%
IPXX
INFLECTION POINT ACQUISITION CORP II
United States
$328.91M31,250,00076.44%0.00%
SPEC
SPECTAIRE HOLDINGS INC
United States
$8.71M18,412,3028.34%67.57%Net Selling
GODN
GOLDEN STAR ACQUISITION CORP
United States
$79.08M7,335,39360.07%39.93%
AIRT
AIR T INC
United States
$65.06M2,821,5044.43%95.57%
ATCH
ATLASCLEAR HOLDINGS INC
United States
$11.09M10,081,6346.11%23.74%
GLST
GLOBAL STAR ACQUISITION INC
United States
$88.19M8,061,15959.62%0.00%
TMTC
TMT ACQUISITION CORP
United States
$88.52M8,140,00068.17%21.09%
AGFY
AGRIFY CORP
United States
$4.57M13,729,3860.93%50.30%Net BuyingNet Buying
BFAC
BATTERY FUTURE ACQUISITION CORP
United States
$151.89M13,795,59938.42%14.50%
ATMV
ALPHAVEST ACQUISITION CORP
United States
$77.21M7,006,32955.94%44.06%
HA
HAWAIIAN HOLDINGS INC
United States
$705.66M51,848,90655.23%44.77%Net Selling
SGBX
SAFE & GREEN HOLDINGS CORP
United States
$6.82M1,344,66814.11%85.89%Net Buying
AAN
AARON's COMPANY INC
United States
$232.45M30,625,54886.52%4.23%Net BuyingNet Selling
LIND
LINDBLAD EXPEDITIONS HOLDINGS INC
United States
$401.50M53,533,13252.38%47.62%Net BuyingNet Buying
NVAC
NORTHVIEW ACQUISITION CORP
United States
$68.35M6,027,2193.97%96.03%
KNOP
KNOT OFFSHORE PARTNERS LP
United Kingdom
$185.55M34,045,08119.41%0.00%
RFIL
R F INDUSTRIES LTD
United States
$31.07M10,495,54823.16%32.97%Net Buying
SPR
SPIRIT AEROSYSTEMS HOLDINGS INC
United States
$3.56B116,552,20393.57%3.16%Net SellingNet Selling
DIST
DISTOKEN ACQUISITION CORP
China
$69.44M6,429,69259.80%35.30%
QUAD
QUAD/GRAPHICS INC
United States
$257.61M51,938,21035.73%18.79%Net SellingNet Selling
EMLD
FTAC EMERALD ACQUISITION CORP
United States
$152.67M14,349,10633.13%17.44%
KACL
KAIROUS ACQUISITION CORP LTD
Malaysia
$43.58M3,683,90633.63%66.37%Net Selling
VVI
VIAD CORP
United States
$744.98M21,128,16190.86%9.14%Net SellingNet Selling
ISPO
INSPIRATO INC
United States
$25.89M6,547,0031.25%98.75%Net SellingNet Selling
BURU
NUBURU INC
United States
$8.25M38,543,0231.02%29.46%Net Selling
BLAC
BELLEVUE LIFE SCIENCES ACQUISITION CORP
United States
$60.73M5,622,95443.59%56.41%
TWLV
TWELVE SEAS INVESTMENT CO II
United States
$141.55M12,998,5348.82%71.43%
EFSH
1847 HOLDINGS LLC
United States
$7.52M5,292,8510.43%78.29%Net BuyingNet Buying
IRAA
IRIS ACQUISITION CORP
United States
$75.54M7,187,0372.90%1.39%Net Selling
COOL
CORNER GROWTH ACQUISITION CORP
United States
$115.25M10,336,5890.60%99.40%
VSTS
VESTIS CORP
United States
$1.65B131,450,62890.06%9.94%Net BuyingNet Buying
RXO
RXO INC
United States
$2.42B117,548,46585.32%14.68%Net BuyingNet Buying
PCT
PURECYCLE TECHNOLOGIES INC
United States
$880.78M164,630,90753.88%46.12%Net BuyingNet Buying
ENG
ENGLOBAL CORP
United States
$8.51M5,156,5831.63%98.37%
SWSS
CLEAN ENERGY SPECIAL SITUATIONS CORP
United States
$73.76M7,011,64115.06%84.94%
NNAG
99 ACQUISITION GROUP INC
United States
$105.38M10,075,00066.54%0.00%
TG
TREDEGAR CORP
United States
$184.49M34,484,89358.54%22.65%Net BuyingNet Selling
TRIS
TRISTAR ACQUISITION I CORP
United States
$181.09M16,358,80262.80%0.00%
ASTR
ASTRA SPACE INC
United States
$15.47M22,711,0343.23%96.77%Net Selling
EAF
GRAFTECH INTERNATIONAL LTD
United States
$447.47M257,167,12768.59%31.41%Net SellingNet Buying
KVAC
KEEN VISION ACQUISITION CORP
United States
$204.12M19,366,07561.63%38.37%
PUCK
GOAL ACQUISITIONS CORP
United States
$81.38M7,500,4191.90%29.31%
ASCB
ASPAC II ACQUISITION CORP
Hong Kong
$81.28M7,296,39511.12%88.88%
OAKU
OAK WOODS ACQUISITION CORP
Canada (Federal Level)
$81.71M7,530,62568.65%0.00%
GWAV
GREENWAVE TECHNOLOGY SOLUTIONS INC
United States
$6.79M44,065,4750.91%99.09%Net BuyingNet Buying
PFTA
PERCEPTION CAPITAL CORP III
Canada
$111.98M10,388,21526.46%0.00%
CAPT
CAPTIVISION INC
United Kingdom
$145.48M28,979,8280.40%0.00%
SKGR
SK GROWTH OPPORTUNITIES CORP
United States
$170.21M15,296,59761.96%0.00%

Industrial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
72+0.29%-0.34%+5.69%+16.05%21.79x5.62x+12.28%+4.24%+8.49%+7.84%Strong Buy
20-0.57%+0.45%+2.08%+1.70%15.77x2.97x+22.14%+4.54%+11.73%+24.42%Buy
9-0.06%+1.85%+18.29%+8.96%16.73x4.95x-17.47%+5.55%+8.58%-12.95%Strong Buy
5-0.44%+1.15%+11.22%+43.59%19.74x1.59x+8.35%+4.27%+8.11%+21.22%Strong Buy
21+0.59%+4.32%+10.22%-9.46%16.07x5.24x-10.89%+2.23%+8.54%+12.48%Strong Buy
16+0.05%+0.67%+8.61%+24.64%32.44x8.09x+86.84%+8.45%+16.78%+10.18%Buy
53-0.77%-1.73%+4.45%+30.77%39.70x4.39x+14.69%+5.44%+4.87%+12.43%Buy
41-0.01%-2.45%+9.80%+58.60%-65.95x4.32x+11.70%+5.18%+13.19%+7.58%Strong Buy
26+0.25%-1.97%-0.67%+19.86%13.13x4.76x+46.42%+11.27%+16.59%+9.66%Buy
17+0.13%-0.80%+3.83%+31.44%533.60x6.69x+34.59%+15.76%+28.64%+7.38%Strong Buy
3-0.49%+5.20%+13.51%+8.86%53.40x1.01x+17.47%+4.17%+11.97%-26.82%Hold
22-0.77%-1.15%+3.17%-9.34%20.86x4.11x+24.24%+7.80%+15.01%+12.69%Buy
40+0.64%+2.97%+16.21%+52.40%23.32x1.12x+4.93%+3.39%+5.53%+10.74%Strong Buy
20-0.78%-0.60%+8.11%+33.20%22.49x3.29x+18.16%+9.02%+15.06%+9.87%Buy
17-0.30%-0.17%+4.48%+24.68%12.65x7.70x+19.43%+2.55%+4.89%+14.82%Buy
11-0.06%-0.50%+4.17%+23.59%24.95x4.63x+27.00%+7.76%+10.43%+8.68%Buy
23+0.51%-0.23%+6.85%+41.04%16.37x2.34x+14.54%+6.10%+7.59%+3.15%Buy
23+0.16%-0.33%+2.25%+22.72%21.22x3.04x+24.93%+8.29%+15.19%+11.70%Buy
200-0.05%+0.24%+0.42%+4.92%16.84x-14.96x-20.93%+0.46%+4.71%N/A
38+0.09%+0.06%+3.91%+25.32%34.51x4.94x+27.23%+11.83%+19.79%+8.62%Buy
76+0.06%-0.90%+2.63%+29.74%25.65x5.18x+23.08%+9.11%+17.05%+11.03%Buy
25+0.12%+1.26%+1.59%+5.83%28.32x9.61x+65.48%+8.35%+44.95%+7.93%Buy
12+2.01%+0.54%+3.96%+9.53%-32.28x2.80x+17.14%+8.04%+14.16%+3.96%Buy
18-0.57%-1.74%+6.86%+38.28%25.24x12.69x-56.30%+14.29%+32.93%+10.64%Buy
16-1.47%-2.30%-13.32%+27.82%28.68x3.70x+19.99%+12.96%+19.17%+26.35%Buy
20+0.19%+0.27%+4.10%+20.92%37.74x5.85x+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.