Multiple industrial sectors look poised to benefit from the infrastructure spending, and Wall Street analysts have spotlighted many companies that could benefit the most. Here we picked five Buy-rated industrial stocks that look like solid ideas for growth investors looking to cash in on what could be a very profitable scenario. It is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.
Caterpillar Inc. (NYSE: CAT) is the world’s largest manufacturer and marketer of construction equipment, and it is also a leading manufacturer of diesel engines and turbines for transport and industrial applications. One way or another, equipment company products will be in demand, and Deere & Co. (NYSE: DE) is a leader. Martin Marietta Materials Inc. (NYSE: MLM) is one of the largest U.S. suppliers of aggregates, with operations across 27 states, Canada and the Bahamas. Oshkosh Corp. (NYSE: OSK) designs, manufactures and markets specialty vehicles and vehicle bodies worldwide. Vulcan Materials Corp. (NYSE: VMC) is one of the largest producers of construction aggregates (crushed stone, sand and gravel) in the United States and a significant producer of aggregates-based construction materials (ready-mixed concrete and asphalt mix).
Source: 24/7 Wall St.
Related Articles:
5 Blue Chip Dividend Stocks Poised to Benefit From Recently Passed Infrastructure Bill
Posted by D4L | Friday, November 26, 2021 | ArticleLinks | 0 comments »________________________________________________________________
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