Factory Orders Soar as Manufacturing Rebounds: 5 Winners

The U.S. manufacturing sector, which suffered over the past year, is finally showing signs of a rebound as new orders and production continue to increase. The Commerce Department reported that new orders for U.S.-made manufactured goods jumped 1.4% in February after declining 3.8% in January.This was also higher than the consensus estimate of a rise of 1%. Year over year, factory orders increased 1% in February.Higher orders for commercial aircraft and motor vehicles drove the solid jump in February. Orders ...