10 Best Manufacturing Stocks To Buy Now
In this article we will take a look at the best manufacturing stocks to buy now. You can skip our detailed analysis of the manufacturing industry’s outlook for 2021 and some of the major growth catalysts for manufacturing stocks and go directly to
Manufacturing stocks languished throughout 2020, hammered by the coronavirus crisis that crushed demand worldwide. But data indicates that manufacturing is rebounding worldwide, and now might be the ideal time to pile into manufacturing stocks for long-term gains. According to Manufacturing ISM Report On Business, Manufacturing PMI index read 60.8% in February 2021, up 2.1% percentage points from the January. The report said that the latest figure shows the overall economy expanded for ninth months in a row after contracting in March, April and May. The New Orders Index came in at 64.8% while Production Index was 63.2%, a 2.5 percentage point rise from January. A reading above 50 indicates that m
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