3 Top Industrial Stocks to Watch in February
There are two really big questions that investors in the industrial sector are asking themselves right now, and they both relate to the second half of 2020. The first is whether there's any validity in the thesis that there will be a recovery in the industrial economy in the second half. That idea has been tossed out there by several management teams so far this year. On a related note, the second question is when exactly the Boeing (NYSE: BA) 737 MAX will return to service (RTS). Let's take a look at what these questions mean and what stocks you should follow to try and find the answers.
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If you want an early read on the industrial economy, then it makes sense to keep an eye on industrial supply companies like Fastenal (NASDAQ: FAST) and the outlook statements made by highly cyclical companies like motion and control company Parker-Hannifin (NYSE: PH). Fortunately, both have given some relatively good news recently.
Source Fool.com
