Applied Industrial Technologies(AIT)
Search documents
Here's Why Applied Industrial Technologies (AIT) is a Strong Momentum Stock
Zacks Investment Research· 2024-04-05 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alongside ...
Manufacturing Activity Rebounds to One-and- a-Half-Year High: 5 Picks
Zacks Investment Research· 2024-04-03 13:46
The manufacturing sector is finally showing signs of recovery as new orders and production continue to increase. Manufacturing activity increased in March to its highest level in one-and-a-half years although raw material prices remained high and employment subdued.Manufacturing Sector Poised to GrowThe Institute for Supply Management’s (ISM) survey on Apr 1 suggests that the sector, which took a major hit owing to higher interest rates, is rebounding at a solid pace. The ISM said that its manufacturing PMI ...
Here is Why Growth Investors Should Buy Applied Industrial Technologies (AIT) Now
Zacks Investment Research· 2024-03-19 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...
Applied Industrial Technologies, Inc. (AIT) Soars to 52-Week High, Time to Cash Out?
Zacks Investment Research· 2024-03-19 14:16
Have you been paying attention to shares of Applied Industrial Technologies (AIT) ? Shares have been on the move with the stock up 1.9% over the past month. The stock hit a new 52-week high of $194.37 in the previous session. Applied Industrial Technologies has gained 11.6% since the start of the year compared to the 8.2% move for the Zacks Industrial Products sector and the 8.5% return for the Zacks Manufacturing - General Industrial industry.What's Driving the Outperformance?The stock has an impressive re ...
4 Solid Stocks to Buy on Rebounding Industrial Production
Zacks Investment Research· 2024-03-19 13:16
Production at U.S. factories has started showing signs of rebounding although it remains less than the year-ago levels. Industrial production rose an impressive 0.5% in February after declining 1.1% in January, and surpassed analysts’ expectations of a rise of 0.3%, the Federal Reserve said on Mar 15.Production at U.S. factories had increased 0.1% in December after a difficult 2023 that saw manufacturing output shrinking. Manufacturing output in February also rebounded, increasing 0.8% after declining 1.1% ...
Applied Industrial Technologies (AIT) is on the Move, Here's Why the Trend Could be Sustainable
Zacks Investment Research· 2024-03-13 13:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...
Here's Why Applied Industrial Technologies (AIT) is a Strong Growth Stock
Zacks Investment Research· 2024-03-08 15:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed alongside ...
Applied Industrial Technologies: Good Growth Prospects Ahead
Seeking Alpha· 2024-03-04 22:50
phive2015 Investment Thesis Applied Industrial Technologies, Inc.’s (NYSE:AIT) revenue growth should benefit from easing year-over-year comparisons beginning in the second half of fiscal 2024. In addition, a potential rebound across the technology vertical and strength in the rest of the end markets supported by secular trends and associated government stimulus funds should drive revenue growth in the coming quarters. Further, the company’s continuous focus on enhancing cross-selling opportunities and e ...
Here's Why Applied Industrial (AIT) is an Attractive Pick Now
Zacks Investment Research· 2024-02-26 11:36
Applied Industrial Technologies, Inc. (AIT) is benefiting from strength across its end markets, accretive acquisitions and shareholder-friendly moves.Let’s delve into the factors that make this current Zacks Rank #2 (Buy) company a smart investment choice at the moment.Growth CatalystsBusiness Strength: Solid momentum across the food and beverage, lumber and wood, mining, pulp and paper, energy, utilities and refining end markets is aiding Applied Industrial. The Service Center Based Distribution segment is ...
Recent Price Trend in Applied Industrial Technologies (AIT) is Your Friend, Here's Why
Zacks Investment Research· 2024-02-23 14:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...