We all know that the primary driver behind the Fed's delay in cutting rates is that the economy, and particularly manufacturing, is just doing too darn well to be confident inflation won't go through the roof again. So it's time to take a closer look at those manufacturing stocks and that's exactly what U.S. News Invested has done this week. Hope everyone had a great weekend.
InvestedAdvice, rankings and stock market news for investors. |
|
|
TODAY'S FEATURED STOCK STORY To many investors, manufacturing stocks are boring, old-school investments that can't provide the growth that sexier industries like software or biotech can. But while there may not be outsized growth in a midsize machine parts company, there is upside in a few corners of the manufacturing industry right now – if you know where to look.
In 2024, those more attractive segments include housing-related plays banking on a rebound in construction and high-tech manufacturing stocks capitalizing on some of the biggest themes on Wall Street right now.
The following manufacturing stocks show their potential, with gains of 50% or more in the last 12 months and momentum that hints there may still be future upside. Here are seven of the best manufacturing stocks to buy now.
Advanced Drainage Systems Inc. (ticker: WMS). Advanced Drainage Systems manufactures the plastic corrugated pipes and related water management products that are ubiquitous at home improvement stores and on building sites. It also provides higher-priced items, such as septic tanks and specialized drainage products.
Click here to continue reading.
- Advanced Drainage Systems Inc. (ticker: WMS)
- Builders FirstSource Inc. (BLDR)
- Eaton Corp. PLC (ETN)
- Parker-Hannifin Corp. (PH)
- Trane Technologies PLC (TT)
- TransDigm Group Inc. (TDG)
- Vertiv Holdings Co. (VRT)
|
|
|
No comments:
Post a Comment