3 Industrial Services Stocks to Consider Amid Industry Challenges
Grainger(GWW) ZACKS·2024-10-29 17:20
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 the current setback, the rise in e-commerce activities will be a key catalyst for the industry. Companies like Siemens (SIEGY) , W.W. Grainger, Inc. (GWW) and SiteOne Landscape Supply, Inc. (SITE) are positioned for growth by leveraging strategies to capitalize on this demand. The companie ...