DOV - 3 Top Industrial Stocks to Buy Right Now
It's not shaping up to be a great year for the industrial sector, but that doesn't mean investors can't find industrial stocks to buy at attractive prices. There's no doubt that railroad Union Pacific (NYSE: UNP), diversified manufacturer Dover Corporation (NYSE: DOV), and industrial software company Dassault Systemes (OTC: DASTY) are facing significant earnings headwinds in 2020, but there are strong arguments for their being good values for long-term investors.
Railroads are the veins and arteries of the U.S. industrial sector. If the U.S. economy is in good shape, then so are the railroads. That means railroads are certain to take a major hit from the COVID-19 pandemic and the measures taken to contain it. But railroads will surely benefit when the economy turns up.