U.S. industrial stocks in the wake of Dow’s record high and sector surge

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

We are looking for U.S. industrial stocks that appear compelling from quantitative, trend-following and earnings-growth perspectives

that was in place since late February. In terms of U.S. sector strength, the Industrial Select Sector SPDR Fund ETF has increased by approximately 3.23 per cent over the past week, emerging as the top-performing sector, closely followed by the consumer discretionary and financial sectors. Given this momentum, we decided to explore U.S. industrial stocks that appear compelling from quantitative, trend-following and earnings-growth perspectives.

To identify companies efficiently utilizing shareholder equity to generate profits, we sought a minimum return on equity of 10 per cent over the past year, reflecting sound financial management and promising investment prospects.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 31. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: S&P 500 poised for new record with Powell back in spotlightInvestors are looking for further clues on the path of interest rates in Jerome Powell's second day of testimony.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US stocks fall as tech, rate-cut doubts creep inUncertainty over Fed interest rate cuts and the continued strength of tech stocks has brought caution to the market.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks rise after February jobs reportAll eyes are on the crucial monthly jobs report that could shift the needle on the timing of interest rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,737.53, down 57.03 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 33 cents, or 0.34 per cent, to $96.72 on 16.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street pulls back from its record after a shaky dayNEW YORK (AP) — Wall Street pulled back from its record heights following a shaky day of trading, putting at least a temporary halt to its huge rally since Halloween. The S&P 500 slipped 0.7% Friday from its all-time high.
Source: SooToday - 🏆 8. / 85 Read more »