4 Construction & Mining Equipment Stocks to Escape Industry Headwinds
CATCaterpillar(CAT) zacks.com·2024-05-28 23:06

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. However, signs of easing supply-chain issues offer some respite. 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) , Komatsu (KMTUY) , Hitachi Const ...