Industrial stocks are stocks of companies involved in construction, manufacturing, and infrastructure like parts manufacturers, airlines, railroads, aerospace, and other industries. The industrial sector and industrial companies form the backbone of the global economy. Therefore, industrial stocks play a pivotal role in creating a stable and well-diversified investment portfolio.
Industrial stocks have suffered certain headwinds due to the slowdown in the economy and reduced demands in industries. However, slow growth is more cyclical in nature and does not indicate a long-drawn downtrend. Investors can still invest in industrial stocks, after due diligence, for solid long-term returns.
Ticker | Company Name | Last Price | 1-Year Return | Market Cap |
|---|---|---|---|---|
| BA | The Boeing Company | $161.81 | -10.68% | 121.2B |
| HON | Honeywell International Inc. | $209.47 | 6.68% | 136.2B |
| LMT | Lockheed Martin Corporation | $466.17 | 6.98% | 109.7B |
| GE | General Electric Company | $197.11 | 47.91% | 211.6B |
| MMM | 3M Company | $150.41 | 74.45% | 81.1B |
| DHR | Danaher Corporation | $210.74 | -16.78% | 151.5B |
| CAT | Caterpillar Inc. | $339.64 | -0.67% | 164.0B |
| RTN | Raytheon Company | $1,040.00 | #N/A | 292.3M |
| NOC | Northrop Grumman Corporation | $484.93 | 5.22% | 70.7B |
| ITW | Illinois Tool Works Inc. | $254.46 | -3.95% | 75.1B |
| DE | Deere & Company | $477.50 | 25.58% | 130.0B |
| GD | General Dynamics Corporation | $262.03 | -4.85% | 72.1B |
| WM | Waste Management, Inc. | $224.86 | 6.92% | 90.3B |
| ABB | ABB Ltd | $3.85 | 8.45% | 1.1B |
| EMR | Emerson Electric Co. | $111.93 | 1.38% | 63.8B |
| ETN | Eaton Corporation plc | $293.61 | -2.22% | 116.0B |
| ROP | Roper Technologies, Inc. | $569.29 | 4.06% | 61.0B |
| IR | Ingersoll-Rand Plc | $81.87 | -10.04% | 33.0B |
| CRH | CRH plc | $97.02 | 14.74% | 65.7B |
| CMI | Cummins Inc. | $321.70 | 20.04% | 44.1B |
| TDG | TransDigm Group Incorporated | $1,346.50 | 13.54% | 75.7B |
| RSG | Republic Services, Inc. | $232.01 | 24.52% | 72.7B |
| PH | Parker-Hannifin Corporation | $607.88 | 13.36% | 78.2B |
| SWK | Stanley Black & Decker, Inc. | $80.97 | -9.62% | 12.5B |
| WCN | Waste Connections, Inc. | $185.29 | 9.49% | 48.0B |
| WY | Weyerhaeuser Company | $29.47 | -13.98% | 21.4B |
| AME | AMETEK, Inc. | $176.14 | -3.02% | 40.7B |
| ROK | Rockwell Automation, Inc. | $260.19 | -7.08% | 29.4B |
| DHI | D.R. Horton, Inc. | $126.78 | -15.66% | 40.0B |
| VMC | Vulcan Materials Company | $231.32 | -14.56% | 30.5B |
| LEN | Lennar Corporation | $118.10 | -16.53% | 31.2B |
| SWP | Stanley Black & Decker, Inc. CORP UNIT 2017 | $24.61 | #N/A | #N/A |
| MLM | Martin Marietta Materials, Inc. | $477.45 | -21.28% | 29.2B |
| DOV | Dover Corporation | $181.14 | 3.47% | 24.9B |
| CNHI | CNH Industrial N.V. | $11.73 | 2.89% | 16.1B |
| HEI | HEICO Corporation | $256.01 | 37.38% | 31.1B |
| XYL | Xylem Inc. | $122.76 | -4.06% | 29.8B |
| MAS | Masco Corporation | $70.31 | -4.88% | 15.2B |
| TS | Tenaris S.A. | $38.48 | -0.54% | 22.3B |
| NVR | NVR, Inc. | $7,236.53 | -4.27% | 21.8B |
| IEX | IDEX Corporation | $182.39 | -24.43% | 13.8B |
| TXT | Textron Inc. | $73.19 | -20.66% | 13.6B |
| HII | Huntington Ingalls Industries, Inc. | $196.16 | -31.62% | 7.7B |
| PHM | PulteGroup, Inc. | $102.94 | -6.18% | 21.1B |
| LII | Lennox International Inc. | $574.92 | 22.48% | 20.5B |
| NDSN | Nordson Corporation | $207.40 | -21.49% | 11.8B |
| SNA | Snap-on Incorporated | $331.84 | 14.09% | 17.4B |
| SPR | Spirit AeroSystems Holdings, Inc. | $33.44 | 8.12% | 3.9B |
| AOS | A. O. Smith Corporation | $66.85 | -22.82% | 8.0B |
| JHX | James Hardie Industries plc | $31.96 | -20.71% | 13.4B |
| TTC | The Toro Company | $73.14 | -17.26% | 7.4B |
| GGG | Graco Inc. | $83.89 | -10.24% | 14.2B |
| PNR | Pentair plc | $86.08 | 6.79% | 14.2B |
| DCI | Donaldson Company, Inc. | $68.44 | -5.59% | 8.2B |
| ESLT | Elbit Systems Ltd. | $367.74 | 85.03% | 16.3B |
| CAE | CAE Inc. | $24.35 | 23.35% | 7.8B |
| OC | Owens Corning | $143.97 | -8.61% | 12.4B |
| WWD | Woodward, Inc. | $180.53 | 24.37% | 10.7B |
| MIDD | The Middleby Corporation | $151.67 | -1.19% | 8.2B |
| HXL | Hexcel Corporation | $56.48 | -20.81% | 4.6B |
| FLS | Flowserve Corporation | $49.00 | 10.99% | 6.4B |
| PWR | Quanta Services, Inc. | $260.81 | 7.61% | 38.5B |
| ITT | ITT Inc. | $134.92 | 6.32% | 11.0B |
| AGCO | AGCO Corporation | $93.84 | -19.10% | 7.0B |
| CW | Curtiss-Wright Corporation | $322.66 | 33.90% | 12.2B |
| CX | CEMEX, S.A.B. de C.V. | $6.02 | -28.84% | 9.0B |
| BWXT | BWX Technologies, Inc. | $98.27 | -1.09% | 9.0B |
| GNRC | Generac Holdings Inc. | $130.41 | 15.67% | 7.8B |
| MDU | MDU Resources Group, Inc. | $16.88 | 34.50% | 3.4B |
| SRCL | Stericycle, Inc. | #N/A | #N/A | #N/A |
| LECO | Lincoln Electric Holdings, Inc. | $190.50 | -22.81% | 10.7B |
| TOL | Toll Brothers, Inc. | $104.89 | -11.26% | 10.5B |
| MTZ | MasTec, Inc. | $120.49 | 42.83% | 9.5B |
| CCC | Clarivate Analytics Plc | $0.02 | -66.67% | 1.3M |
| EME | EMCOR Group, Inc. | $388.51 | 18.91% | 17.9B |
| TREX | Trex Company, Inc. | $56.84 | -40.07% | 6.1B |
Factors to Consider Before Investing in Industrial Stocks
Industrial stocks are largely influenced by global economic, political, and other factors. Therefore, investors must consider the impact of the economy and trade war between China and the US on industrial stocks before investing in them.
Additionally, investors should study each stock in detail for their fundamental strengths. The factors to be evaluated include the dividend yield, P/E ratio, and market capitalization.
It is also to be noted that industrial stocks are affected by the demand and supply mechanism. So, when the demand for building construction goes up, industrial stocks spike, and vice versa. Industrial stocks are cyclical in nature and are influenced negatively when the economy slows down, and the expenditure on construction and manufacturing is curtailed.
Which Industrial Stocks Should I Buy?
A large number of industrial stocks trade on the stock exchanges. From the various companies, we have shortlisted the best industrial stocks for investors to make their selection from.
Industrial stocks belong to diverse industries, including aerospace, airlines, railroads, construction and manufacturing, and other industrial manufacturers. Investors must emphasize on well-established and stable companies with high dividend yield to work through the cyclical nature, and generate excellent short-term income and long-term capital gains.
