Industrial Sector Stocks Trading at Discount Despite Improving Fundamentals

Industrial sector stocks are trading at discounted valuations despite improving fundamentals, including stronger growth, margins, and balance sheets. Maxim Sytchev, managing director of industrial products at National Bank, identifies three companies with upside potential: ATS Corporation, Emerson Electric, and National Instrument. ATS is a global leader in health care and nuclear, Emerson Electric has a strong position in automation, and National Instrument is a leader in industrial IoT and data centre infrastructure. These companies are well-positioned for growth in a resilient demand environment.