Industrials Stocks Crushing It
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Industrials stocks have been outperforming the market, with a 3.9% gain over the last six months, while the S&P 500 dropped 2.1%. Companies like Xylem, Thermon, and Granite Construction are leading the charge, benefiting from increased capital spending due to lower interest rates. These firms have shown strong growth and profitability, with Xylems revenue up 13.1% and earnings per share up 19.8% over five years, Thermons revenue up 12.4% and earnings up 46.1% annually, and Granites revenue up 12.3% and earnings up 38.9% over two years. As the market shifts, these top players are well-positioned to continue thriving.
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