My 5 Favorite Industrial Stocks for 2022
Investors looking to refresh their portfolios should look at the industrial sector. It's been beaten up lately due to a combination of soaring raw material costs, supply chain difficulties, and fears over economic growth prospects in the light of a resurgence in COVID-19 cases. That said, there's a strong case that General Electric (NYSE: GE), UPS (NYSE: UPS), Stanley Black & Decker (NYSE: SWK), Cognex Corporation (NASDAQ: CGNX), and Danaher (NYSE: DHR) can have a strong 2022. Here's a whistle-stop tour of why these five are attractive for 2022.
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Since management announced its break-up plan, the stock has been down heavily. But don't be fooled. It isn't so much a market judgment around the plan as a general sell-off in commercial aerospace stocks due to a resurgence in the pandemic. The plan itself makes perfect sense, and there's a strong case for arguing that GE is undervalued.
Source Fool.com
