4 Stocks to Watch in the Promising Construction & Mining Equipment Industry
Astec Industries(ASTE) Zacks Investment Research·2024-03-05 17:31
The Zacks Manufacturing - Construction and Mining industry is well positioned to gain from the stepped-up infrastructure investment spending in the United States and solid demand from the mining sector, fueled by the energy transition trend. Indications of easing supply-chain issues raise optimism.Players like Caterpillar Inc. (CAT) , Komatsu (KMTUY) , H&E Equipment Services (HEES) and Astec Industries, Inc. (ASTE) are likely to ride on the demand trends. These stocks are likely to benefit from efforts to b ...