Aug 28, 2023
Three industrial stocks with great value: CIO
, BNN Bloomberg
Hot picks: Three stocks to buy in the industrials sector
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The industrial sector has lagged behind the broader equity markets, but one investment expert says this makes it a great buying opportunity for investors.
James Demmert, chief investment officer at Main Street Research, said many stocks within the industrial space are trading below well below their companies’ value and are well positioned for turnaround.
“Investors have to recognize that valuation in the industrial sector is just extremely compelling,” he told BNN Bloomberg’s Amber Kanwar on Monday.
Demmert recommended Caterpillar Inc. (CAT), Siemens Siemens (OTCMKTS: SIEGY) and The Home Depot, Inc. (HD) as his top stock picks within the industrial sector.
He, his family, his firm and his investment banking clients own shares of the stocks mentioned above.
For the full interview, click on the video at the top of this article.
James Demmert, chief investment officer at Main Street Research, said many stocks within the industrial space are trading below well below their companies’ value and are well positioned for turnaround.
“Investors have to recognize that valuation in the industrial sector is just extremely compelling,” he told BNN Bloomberg’s Amber Kanwar on Monday.
Demmert recommended Caterpillar Inc. (CAT), Siemens Siemens (OTCMKTS: SIEGY) and The Home Depot, Inc. (HD) as his top stock picks within the industrial sector.
He, his family, his firm and his investment banking clients own shares of the stocks mentioned above.
For the full interview, click on the video at the top of this article.
