Promising Industrial Stocks To Research – October 11th

Caterpillar, Cipher Mining, 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 and distribute capital goods and services—such as machinery, aerospace and defense equipment, construction materials, and transportation infrastructure. Because their revenues tend to rise and fall with overall economic activity, industrial stocks often serve as a barometer of growth cycles. Investors include them in portfolios to gain exposure to economic expansion and to diversify across cyclical industries. These companies had the highest dollar trading volume of any Industrial stocks within the last several days.

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.

Cipher Mining (CIFR)

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.