Industrials provide great returns during an economic expansion. However the companies in the sector are highly sensitive to recessions. Slowdowns will impact earnings negatively. Most see severe price drops during recessions.
Favorite list:
MMM, UTX
The graphs below shows share prices in the last 12 months. The companies highlighted in GREEN are what I consider to be more stable in earnings. The names that are BOLDED are what I consider high quality companies.
| Diversified Industrials |
MMM - 3M Company
|
GE - General Electric Company
|
HON - Honeywell International Inc.
|
ITW - Illinois Tool Works Inc.
|
DHR - Danaher Corp
|
ROP - Roper Technologies Inc
|
DOV - Dover Corporation
|
ETN - Eaton Corporation plc
|
| Industrial Equipment & Components |
EMR - Emerson Electric Co.
|
PH - Parker-Hannifin Corporation
|
| Railroads |
CSX - CSX Corp.
|
CNI - Canadian national Railway Company (Canada)
|
UNP - Union Pacific Corporation
|
NSC - Norfolk Southern Corporation
|
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