One sector of the stock market that took a massive hit because of the coronavirus is industrials.
From its February 2020 high to its March 2020 low, the S&P 500 Industrial Select Sector SPDR ETF (NYSEARCA: XLI) — an exchange-traded fund tracking some of the biggest industrial-related stocks — fell more than 42%.
But now, industrials are starting to make a comeback.
That ETF has risen nearly 50% since hitting that March low.
And, as America starts to get back on track after virus-led lockdowns, industrial stocks stand to make huge gains.
Money & Markets Chief Investment Strategist Adam O’Dell identified the industrial sector of the stock market as a leader to his Cycle 9 Alert readers this week.
In this episode of The Bull & The Bear, host Matthew Clark talks with contributor Charles Sizemore about three industrial sector stocks.
They’ll examine what each of these three companies do and how they’ve performed recently.
What’s even better is you’ll get insight on what you should do with these three companies — if you are thinking about buying or already have them in your portfolio.
Remember, depending on what your investment strategy is, not every company in a high-performing sector is worth investing in.
That’s why we do the work for you by looking at these specific stocks and give our analysis on each one.
The Bull & The Bear
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