The recent sluggishness in economic growth could mean a lot of pent-up demand for industrial goods, something that would likely be boon for small-cap industrial stocks. Equities.com's Small-Cap Stars, our proprietary list of small-cap companies with characteristics we consider the most indicative of future success, includes more than two dozen small-cap industrial goods companies that should be well positioned to make major gains.
Here are today's top-performing industrial goods Small-Cap Stars as of noon on the east coast:
Manitex International Inc. (MNTX)
Manitex International Inc. gained 6.81% to $13.01 in morning trading today. Volume reached 123,706 by noon. The stock's average daily volume is 148,816 shares. Manitex International Inc. has a 52-week high of $17.85 and a 52-week low of $10.00, its P/E ratio is 15.5, and its 50-day SMA and 200-day SMA are $14.74 and $15.01 respectively.
Manitex International Inc, through its subsidiaries, is engaged in the design, manufacture and distribution of engineered lifting solutions. It operates in two business segments the Lifting Equipment segment and the Equipment Distribution segment.
Broadwind Energy Inc. (BWEN)
Broadwind Energy Inc. gained 2.1% to $9.23 in morning trading today. Volume reached 30,027 by noon. The stock's average daily volume is 110,574 shares. Broadwind Energy Inc. has a 52-week high of $14.00 and a 52-week low of $5.10, and its 50-day SMA and 200-day SMA are $8.93 and $9.65 respectively.
Broadwind Energy, Inc., is engaged in providing products & services to energy, mining & infrastructure sector customers with significant presence within U.S. wind industry. The Company's business segment includes: Towers & Weldments; Gearing; Services.
Huttig Building Products Inc. (HBP)
Huttig Building Products Inc. gained 1.49% to $4.08 in morning trading today. Volume reached 6,174 by noon. The stock's average daily volume is 18,714 shares. Huttig Building Products Inc. has a 52-week high of $5.45 and a 52-week low of $3.51, its P/E ratio is 64.1, and its 50-day SMA and 200-day SMA are $4.21 and $0.00 respectively.
Huttig Building Products, Inc., and its subsidiaries distributes building materials, millwork and wood products used in new residential construction and in home improvement, remodeling and repair work.
Ceco Environmental Corp. (CECE)
Ceco Environmental Corp. gained 1.37% to $14.10 in morning trading today. Volume reached 14,376 by noon. The stock's average daily volume is 85,145 shares. Ceco Environmental Corp. has a 52-week high of $19.42 and a 52-week low of $12.58, its P/E ratio is 42.7, and its 50-day SMA and 200-day SMA are $14.58 and $15.46 respectively.
CECO Environmental, along with its subsidiaries, is an environmental technology company focused on critical solutions in the product recovery, air pollution control, fluid handling and filtration segments.
U.s. Concrete Inc. (USCR)
U.s. Concrete Inc. gained 0.82% to $25.75 in morning trading today. Volume reached 20,929 by noon. The stock's average daily volume is 73,207 shares. U.s. Concrete Inc. has a 52-week high of $28.64 and a 52-week low of $18.28, and its 50-day SMA and 200-day SMA are $25.49 and $23.95 respectively.
US Concrete Inc is engaged in producing ready-mixed concrete in certain markets of U.S. The Company operates its business through two business segments: ready-mixed concrete segment and aggregate products segment.
Small-Cap Stars Industrial Goods Companies - Building Your Portfolio with Strength
Picking the right small-cap industrial stocks to try and capitalize on a recovering economy can be tricky. What's more, if the predicted pick-up in the economy never materializes, you want to be backing a company strong enough to survive or even thrive in tough times.
The Small-Cap Stars system helps you find those small-cap industrials that are best positioned to make the most of any economy. It does this by using data from previous small-cap industrials success stories to determine which combination of fundamental metrics is the most predictive of significant growth, then isolates which companies are currently the most similar to those companies that had previously made major gains.
For small-cap industrials, our system found that a high rate of reinvestment, a low effective tax rate, and a high ratio of fixed assets to total assets were among the characteristics that were most likely to predict success.
All data provided by QuoteMedia and was accurate as of 12:00 pm ET.