The stock market sell-off is intensifying heading into the final three months of the year. And while companies can't control the business cycle, they can prioritize capital discipline and maintain strong balance sheets to ensure they outlast downturns.

Cummins (NYSE: CMI), Caterpillar (NYSE: CAT), and Kinder Morgan (NYSE: KMI) have been through plenty of business cycles. And despite the cyclical nature of infrastructure and oil and gas spending, each company is well positioned to grow earnings and dividends over the long term. Investing equal amounts in each industrial stock produces a dividend yield of 4.2%, while exposing your portfolio to three industry-leading businesses. Here's what makes each stock a great buy now.

Continue reading

Source Fool.com