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Industrial Stocks To Follow Now - October 2nd

Danaher logo with Medical background

Key Points

  • MarketBeat highlights Danaher, Caterpillar, Cipher Mining, Eaton, and Linde as key industrial stocks to watch, having the highest dollar trading volume recently.
  • These **industrial stocks** serve as a bellwether for economic growth as their demand fluctuates with the **broader economy**.
  • Each company specializes in distinct sectors, with Danaher focusing on biotechnology, Caterpillar on construction machinery, Eaton on power management, and Linde on industrial gases.
  • MarketBeat previews the top five stocks to own by November 1st.

Danaher, Caterpillar, Cipher Mining, Eaton, and Linde are the five Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies that manufacture and distribute capital goods and services—such as machinery, construction equipment, aerospace and transportation systems—used in building infrastructure and supporting other industries. Because demand for these products tends to rise and fall with the broader economy, industrial stocks are often considered cyclical and serve as a bellwether for economic growth. These companies had the highest dollar trading volume of any Industrial stocks within the last several days.

Danaher (DHR)

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The Biotechnology segments offers bioprocess technologies, consumables, and services that advance, accelerate, and integrate the development and manufacture of therapeutics; cell line and cell culture media development services; cell culture media, process liquids and buffers for manufacturing, chromatography resins, filtration technologies, aseptic fill finish; single-use hardware and consumables and services, such as the design and installation of full manufacturing suites; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes, and services; and healthcare filtration solutions.

Read Our Latest Research Report on DHR

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Read Our Latest Research Report on CAT

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

Eaton (ETN)

Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

Read Our Latest Research Report on ETN

Linde (LIN)

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

Read Our Latest Research Report on LIN

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While Danaher currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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