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12 Best Industrial Stocks to Buy Now
Based on a definition by Economy Watch, the “Industrial sector or secondary sector is one of the 3 sectors that make up a country’s economy. The other two are the primary sector (includes agriculture, fishing, and mining) and the service sector (includes hospitality, consultancy, and nursing). The secondary sector is one that makes a complete product that can then be utilized. Examples of the industrial sector are manufacturing industry and construction.” (See 15 Biggest Manufacturing Companies in the World and 10 Best Construction Materials Stocks to Buy Now) Basically, the industrial sector is the backbone of the economy, it is the sector in charge of transforming unprocessed material to its end result.
Should You Be Tempted To ‘Sell’ Builders FirstSource (BLDR) Stock
Anabatic Fund recently released its Q4 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -11.7% in 2020 (net of fees) compared to the S&P 500 Index which returned 16.3% in the same period. You should check out Anabatic Fund’s top 5 stock picks for investors to buy right now, which could be the biggest winners of this year.
In the Q4 2020 Investor Letter, Anabatic Fund highlighted a few stocks and Builders FirstSource Inc. (NASDAQ:BLDR) is one of them. Builders FirstSource Inc. (NASDAQ:BLDR) is a manufacturer and supplier of building materials. In the last three months, Builders FirstSource Inc. (NASDAQ:BLDR) stock gained 26.9% and on January 26th it had a closing price of $40.36. Here is what Anabatic Fund said: