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Promising Industrial Stocks To Consider - October 24th

Cipher Mining logo with Business Services background

Key Points

  • Cipher Mining, Caterpillar, and Honeywell International are highlighted as top industrial stocks to consider, based on their high trading volumes in recent days.
  • Caterpillar Inc. is known for manufacturing construction and mining equipment, offering a wide range of products including engines and industrial gas turbines.
  • Honeywell International operates in various sectors including aerospace technologies and energy solutions, providing services and products that span across multiple industries globally.
  • MarketBeat previews the top five stocks to own by November 1st.

Cipher Mining, Caterpillar, and Honeywell International are the three Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies that manufacture goods, produce heavy equipment, or provide industrial services such as construction, transportation, aerospace, and defense. They tend to be cyclical—performing well when economic activity and capital spending rise and underperforming during slowdowns—so investors use them to gain exposure to broader economic and infrastructure trends. These companies had the highest dollar trading volume of any Industrial stocks within the last several days.

Cipher Mining (CIFR)

Read Our Latest Research Report on CIFR

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

Honeywell International (HON)

Honeywell International Inc. engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.

Read Our Latest Research Report on HON

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