Industrials: Attractive Opportunities in Industrial Distributors
Logistics also looks promising.
The Morningstar Global Industrials Index rose 11% over a trailing three-month period, in line with the broader global equity market. However, the index lagged the market’s 1% increase after sliding 2% over the past 12 months on transpacific trade tensions and concerns about a looming economic slowdown.
Global industrial stocks have outperformed the market recently - source: Morningstar Analysts
Keith Schoonmaker does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.