4 Construction & Mining Equipment Stocks to Watch Despite Industry Headwinds
CATCaterpillar(CAT) ZACKS·2024-08-20 23:15

The Zacks Manufacturing - Construction and Mining industry faces challenges due to the ongoing contraction in manufacturing activities and a decline in orders due to low customer spending. Elevated input costs pose concerns. Increased infrastructure investment in the United States and demand from the mining sector, driven by the energy transition trend, are expected to buoy the industry. Caterpillar Inc. (CAT) , Hitachi Construction Machinery (HTCMY) , Terex (TEX) and Hyster-Yale, Inc. (HY) are poised to be ...