3 Stocks to Ride the Manufacturing Sector's Big Comeback

Economic Sentiment and Inflation - Financial markets indicate investor sentiment towards the U.S. economy, with gold reaching new all-time highs and rising bond yields suggesting a prevailing inflation theme [1][2] - The Federal Reserve's interest rate cuts and support for the labor market are contributing to inflation concerns, particularly in the manufacturing sector [2][3] Sector Performance and Investment Opportunities - The transportation sector, especially trucking stocks, has shown strong price action post-presidential election, indicating positive market sentiment towards new policies [4] - Prologis Inc. is highlighted as an attractive investment due to its extensive network of warehouses, trading at 84% of its 52-week high, with a price target of $131.25, suggesting a potential upside of 13.3% [5][6] - Broadstone Net Lease, a smaller REIT, is seen as having significant upside potential due to its market capitalization of $3.4 billion, with a price target of $18.20, indicating aggressive price movements [9][10] Analyst Ratings and Earnings Projections - Wall Street analysts project Prologis's earnings per share (EPS) to grow to $1.5 in the next 12 months, a nearly 50% increase from the current $1.08 [7] - Broadstone Net Lease's short interest has declined by over 8.9%, signaling bullish sentiment as institutional buyers increase their holdings [10][11] - Old Dominion Freight Line is noted for its premium valuation with a P/E ratio of 39.18, supported by analysts raising price targets to $241, indicating potential for further stock rally [12][16]