There's a rotation happening right now in these three ETFs, caused by the latest commentary from the FOMC meeting suggesting more inflation ahead.
The parcel-delivery firm forecasted adjusted earnings of $18 to $18.60 per share for the fiscal year, compared with $19 to $20 per share projected earlier.
Despite Ingersoll Rand's underperformance compared to other industrial stocks, analysts remain moderately optimistic about its future prospects.
Old Dominion has significantly underperformed the industrial sector over the past year and analysts remain cautious about the stock’s prospects.
Following a trip to the Boeing manufacturing facility in Renton, Washington, Duffy said that Boeing has lost the trust of Americans.
Despite L3Harris Technologies’ underperformance relative to the industrial sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.
AMETEK has notably underperformed other industrial stocks over the past year, yet analysts remain optimistic about the stock’s prospects.
Although Johnson Controls has underperformed its broader sector recently, analysts remain moderately optimistic about the stock’s prospects.
Despite Copart’s underperformance compared to the industrial sector over the past year, analysts remain moderately optimistic about the stock’s prospects.
Despite PACCAR’s recent underperformance compared to its industrial peers, Wall Street analysts remain moderately optimistic about the stock’s prospects.