3 Top Stocks in the Industrials Sector
The industrials sector may not be as hot as tech, but make no mistake: Several industrial companies are as much into futuristic technology-powered businesses with incredible prospects for coming decades. If you know where to look, you could make a fistful of dollars in these stocks that often fly under the radar.
Here are three such stocks I consider to be top picks in the industrials sector, largely for their technology-driven focus.
ABB (NYSE: ABB) is an incredibly interesting industrials stock, given the kind of businesses it runs. In July, the company divested its power grids segment to Hitachi to narrow down "focus on industrial customers" through its four remaining segments: electrification, industrial automation, motion, and robotics and discrete automation.
Source Fool.com