4 Manufacturing Stocks to Buy as the Sector Rebounds

Over the past two years, the manufacturing sector in the United States has been badly hit by the Federal Reserve’s tight monetary policy regime. However, the sector rebounded in January amid an uptick in new orders and production.The Institute for Supply Management (“ISM”) said on Thursday that the manufacturing PMI came in at 49.1 in January against a consensus of 47.6, increasing significantly from the December number, which was revised down to 47.1. This marks the 15th straight month that the PMI has rem ...