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.
While the broader market has been resilient, many individual stocks remain choppy. Thus, these seven stocks will add much-needed ballast.
While some stocks are all over the news, these buy-rated stocks offer high returns due to their strong fundamentals.
With the average interest rate charged on a home mortgage in the U.S. now above 7%, existing home sales have all but collapsed and mortgage origination is a tiny fraction of what it typically is when rates are low.