Top Industrial Stocks To Add to Your Watchlist – December 22nd

Inflection Point Acquisition, Caterpillar, and Coherent are the three Industrial stocks to watch today, according to MarketBeat’s stock screener tool. Industrial stocks are shares of companies that produce capital goods and provide related services—such as machinery, aerospace and defense, construction, transportation, and industrial conglomerates—typically grouped in the Industrials sector. They are often cyclical, with revenues and profits tied to business investment and overall economic activity, so investors use them for growth exposure, dividend income, or to tilt a portfolio toward economic sensitivity. These companies had the highest dollar trading volume of any Industrial stocks within the last several days.

Inflection Point Acquisition (IPAX)

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Coherent (COHR)

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers.