Top 5 Industrial stocks
It should not come by surprise that Industrial stocks have underperformed in 2020. The combination of a global health crisis and ongoing economic shutdowns have dramatically reduced industrial demand, particularly in travel industries. While the S&P 500 is up around 15% in the last 12 months while the Industrial Select Sector SPDR ETF (XLI) is up 10% for the same period, thanks to its recent year-end rally. The economic and industrial weakness however has created buying opportunities for patient and long-term investors. Some of them have already began their ascent.
Here are some of the Top Stocks for 2020\2021:
Honeywell International Inc. – (HON)
Honeywell International Inc. is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The company was hit hard due to the pandemic, but its strong fundamentals and investor confidence in the future managed to bring about a strong recovery.
The stock returned 23% in the last 3 months, doubling from its March lows.
Rockwell Automation Inc. – (ROK)
Rockwell Automation, Inc. is a US based company that produces industrial automation products. The Company offers products such as control systems, motor control devices, sensors, and industrial control panels. Rockwell Automation markets its products worldwide. The company has seen 3110% increase in Earnings Per Share (EPS).
The stock returned 24.8% in the last year and it has doubled since its March lows.
SIKA – (SIKA)
Sika is a Swiss international specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry.
The stock returned 45.3% in the last year and it almost doubled in value since its March lows.
Rolls Royce Holdings – (RR)
Now a wholly-owned subsidiary of BMW, Rolls-Royce Holdings plc is a British multinational aerospace and defense company incorporated in February 2011. The company manufactures aero, marine, and industrial gas turbines for civil and military aircraft. Moreover it designs, constructs, and installs power generation, transmission, and distribution systems and equipment for the marine propulsion, oil and gas pumping, and defense markets.
The stock returned 63.64% in the last 3 months.
Sensata Technologies Holding PLC – (ST)
Sensata Technologies Holding PLC is an industrial technology company that manufactures sensors and controls for industrial applications. The Company conducts its business operations through its subsidiaries and operates in two businesses, such as Performance Sensing and Sensing Solutions. The Performance Sensing segment designs and manufactures sensors for the automotive and heavy vehicle and off-road markets. The Sensing Solutions designs and manufactures sensors and control products.
The stock returned 18.79% in the last 3 months and it has more than doubled since the March lows.