"This has all been very good news but when I look at the industrial space, I'd be very cautious so we're neutral right here. I think all the easy money's been made already," Mark Tepper, president of Strategic Wealth Partners, told CNBC's "has rallied 83% since the March lows and returned to pre-pandemic highs. The ETF hit a record high as recently as two weeks ago.
The S&P industrials sector is expected to post earnings of $30.48 a share in 2021, up 75% from a beaten-down 2020. Thehad blunted manufacturing activity and demand for the industrials companies, a trend that is now reversing in the recovery.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: