Aug 25, 2023
Tech to drive growth in transportation, industrial sector: Analyst
BNN Bloomberg
,Hot picks: Three stocks in transportation and industrial tech not worried about consumer demand
Allison Poliniak-Cusic, senior analyst at Wells Fargo Securities, said investment and the use of new technology are set to present growth opportunities for companies within this space.
“The companies that particularly are our top ideas are really centred on creating disciplined levels of capacity, using technology to drive some of that productivity,” she said in a Friday interview with BNN Bloomberg’s Amber Kanwar. (can you check the quote)
She recommended Ametek Inc. (AME), Wabtec Corp. (WAB) and JB Hunt Transport (JBHT) as her top three picks within the transportation and industrial sector.
Poliniak-Cusic, her family and her firm do not own any shares in the stocks mentioned above, however, her investment banking clients do.
For the full interview, click on the video at the top of this article.