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3 Stocks to Watch for in Prospering Manufacturing Tools Industry

Payal Jalan
·1-min read

Players in the Zacks Manufacturing-Tools & Related Products industry have been benefiting from the recovery in manufacturing and economic activities in the United States and worldwide. A rise in the demand for home & garden, health, do-it-yourself, security and other products as well as a surge in the e-commerce business is also proving advantageous for the players.

However, the lingering impacts of the pandemic, as seen amid lockdowns in some parts of the world, are concerning. Supply-chain restrictions, high commodity costs, and labor and logistics issues are other woes impacting operations and margins. Three industry players that are worth a look in the industry at present are Stanley Black & Decker, Inc. SWK, Kennametal Inc. KMT, and Enerpac Tool Group Corp. EPAC.

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Stanley Black & Decker, Inc. (SWK) : Free Stock Analysis Report
 
Kennametal Inc. (KMT) : Free Stock Analysis Report
 
Enerpac Tool Group Corp. (EPAC) : Free Stock Analysis Report
 
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