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Best Industrial Stocks Worth Watching - August 29th

Bloom Energy logo with Industrials background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat identified seven industrial stocks to watch: Bloom Energy, GE Vernova, Coherent, Caterpillar, Rocket Lab, Vertiv, and Sunbelt Rentals Holdings.
  • The companies span major industrial themes, including energy generation and electrification, optical technology, construction and mining equipment, space services, and data-center infrastructure.
  • The stocks had the highest recent dollar trading volume among industrial companies tracked by MarketBeat; industrial shares are generally sensitive to economic activity and infrastructure spending.
  • Five stocks to consider instead of Bloom Energy.

Bloom Energy, GE Vernova, Coherent, Caterpillar, Rocket Lab, Vertiv, and Sunbelt Rentals Holdings, Inc. Common Stock are the seven Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies that produce goods, equipment, machinery, or services used in industries such as manufacturing, construction, transportation, and aerospace. Investors often view them as economically sensitive investments because their performance may rise with business activity and infrastructure spending but decline during economic slowdowns. These companies had the highest dollar trading volume of any Industrial stocks within the last several days.

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

Read Our Latest Research Report on BE

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

Read Our Latest Research Report on GEV

Coherent (COHR)

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers.

Read Our Latest Research Report on COHR

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

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Read Our Latest Research Report on RKLB

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Read Our Latest Research Report on VRT

Sunbelt Rentals Holdings, Inc. Common Stock (SUNB)

Sunbelt Rentals Holdings, Inc., together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, structures and fencing, trench shoring, and lifting solutions.

Read Our Latest Research Report on SUNB

See Also

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