The Stock
Applied Industrial Technologies Inc. (AIT) is an industrial distributor in North America, Australia and New Zealand, serving maintenance, repair and operations and original equipment manufacturing customers in various industries. AIT also provides engineering, design, and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber, and fluid power shop services. Over the past 12 months, AIT's stock has risen over 39% on the back of increased buying interest due to both a strong FY18 and positive forward guidance. It has recently broken past its year-long resistance