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5 Best Industrial Stocks to Buy Now - Insider Monkey


5 Best Industrial Stocks to Buy Now
No of HFs: 46
Total Value of HF Holdings: $1.14 Billion
The top hedge fund holder of this stock is Cliff Asness’ AQR Capital Management which had $293 million invested in the stock at the end of September. In Aoris Investment Management’s Q1 2020 investor letter, they talked about the stock.
“Accenture is the world’s largest IT consulting and outsourcing company. It has $6 billion of cash on its balance sheet and negligible debt. It has unusually stable management, with an average tenure of the top 5000 executives of 15 years. Accenture has an outstanding record over the last decade of consistently taking market share, drawing on its enormous benefits of size and scale and leadership. ....

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12 Best Industrial Stocks to Buy Now - Insider Monkey


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. ....

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