Industrial sector's diversity, with various end markets, con...
Industrial sector's diversity, with various end markets, contributes to its robust performance. Firms like Eaton and Carrier Global are profiting from demand in electrification, new infrastructure, and energy-efficient systems. Provided material costs and employee pay don't surge, profit margins can grow and stock buybacks can continue. Despite potential short-term vulnerability, long-term growth and gains are anticipated for industrial stocks.
Industrials Like Caterpillar Are at New Highs. Why The Stocks Can Keep Gaining. -- Barrons.com
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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