2 Industrial Stocks You Can Buy and Hold for the Next Decade
With fears of a recession looming, investors might be wary of wading into the industrials sector of the economy. Because it relies heavily on economic growth to produce positive returns, the specter of further contraction has weighed on the segment's performance, which is down over 15% so far this year.
Yet that's ever so slightly better than the broad market S&P 500 index, which is down more than 17%, because production and capacity utilization jumped higher than their pre-pandemic levels as demand after the 2020 lockdowns surged.
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Source Fool.com
