economy
This industry group is the star of 2026, besides energy. Trivariate says these stocks are a buy
Here's where the cohort can go after posting its best start to the year in a quarter century, according to Trivariate Research.
TL;DR
- Industrials have posted their best start to the year in 25 years.
- The State Street Industrial Select Sector SPDR ETF (XLI) has rallied over 5% this year.
- GE Vernova, Caterpillar, and Lockheed Martin are among the top-performing industrial stocks.
- Further gains for the sector may be difficult as industrials are trading at a forward price-to-earnings ratio of roughly 24.
- Trivariate Research has identified Howmet Aerospace and Quanta Services as stocks to watch.
- Quanta Services is expected to benefit from the energy transition for AI.