Reported about 2 months ago
The industrial sector is diverse and has recently faced challenges, including a 0.6% decline in production due to Hurricane Beryl. Brian Sponheimer of Gabelli Funds emphasizes that different industries within the sector, such as energy, aerospace, and AI, have thrived while areas like mining and machinery have lagged. He suggests that companies like Deere & Co. and CNH Industrial present attractive investment opportunities amid these varying market conditions.
Source: YAHOO