Industrials: Most of Our Coverage Is Fairly Valued, but Business Services Looks Attractive
Equipment-rental firms are also worth watching.
The Morningstar US Industrials Index has matched the broader U.S. equity market in 2019, despite investor concerns about trade tensions and a potential economic downturn (Exhibit 1).
Industrial stocks have slightly outperformed the broader market. - source: Morningstar
Brian Bernard does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.