Industrial stocks are companies that manufacture industrial products such as tools, machinery, and building supplies. However, this broad industry can also include companies engaged in the transportation, shipping, and logistics spaces. It includes companies that produce capital goods, those who make the tools for others to build them, and those that transport them. Some of the industry’s most popular stocks include Honeywell and General Electric.
These safe havens provide a significantly safer path to investing in equities in the current economic downturn.
It's an ideal time to look for the best retirement stocks to buy as many stocks trade at massive discounts while the market signals a bottom.