One stock that might be an intriguing choice for investors right now is Applied Industrial Technologies, Inc. (AIT - Free Report) . This is because this security in the Manufacturing-General Industrial space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Manufacturing-General Industrial space as it currently has a Zacks Industry Rank of 37 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Applied Industrial is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
Applied Industrial Technologies, Inc. Price and Consensus