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Although the ongoing supply chain issues could curb growth, the acceleration in demand for manufacturing, logistic, non-residential, and business outsourcing services should enable the industrial sector to witness a steady growth trajectory. Moreover, President Biden’s infrastructure bill, which is expected to be passed by the end of October, should boost the sector.
Therefore, we think it could be wise to bet on quality industrial stocks CEMEX, S.A.B. de C.V. (CX), Owens Corning (NYSE:GLW) (OC), GMS Inc . (GMS), and Huttig Building Products, Inc. (HBP). They are expected to deliver significant returns in the near term based on their strong position in the market, persistent modernization, and diverse portfolio.
