Industrials: Healthy Demand, But Few Values
Among a mostly fairly valued industrials sector, some good values remain.
Overall we consider the industrials sector slightly overvalued, given its market-cap-weighted price/fair value ratio of 1.06 as of the end of February. That said, we rate a number of stocks as undervalued, and highlight several below: Anixter International (AXE) , G4S GFS(), and GEA Group G1A().
Keith Schoonmaker has a position in the following securities mentioned above: GM. Find out about Morningstar’s editorial policies.