3 Industrial Services Stocks Countering Industry Challenges
DMC (BOOM) ZACKS·2024-08-06 17:25
The Zacks Industrial Services industry has been bearing the brunt of the prolonged contraction in the manufacturing sector as customers remain cautious about spending. Flared-up input costs have added to the woes. Despite this current setback, the rise in e-commerce activities will be a key catalyst for the industry. Companies like W.W. Grainger, Inc. (GWW) , Global Industrial Company (GIC) and DMC Global (BOOM) are positioned for growth by leveraging strategies to capitalize on this demand. The companies h ...