3 Industrial Stocks to Avoid
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Industrial Sector Analysis: Three Stocks to AvoidThe industrial sector, a key player in the economy, has seen steady growth, but investors must stay vigilant. Our analysts highlight three stocks to avoid: Kadant, Sanmina, and Kennametal. Kadant, a process industry component supplier, has underperformed with slow revenue growth and shrinking profitability. Sanmina, an electronics manufacturing services company, faces sales decline and lower gross margins. Kennametal, a provider of industrial materials and tools, lacks organic revenue growth and has seen decreasing earnings per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
