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Dmc Global Inc has the Best Relative Performance in the Industrial Machinery Industry (BOOM , CFX , MIDD , ITW , PH )

By Amy Schwartz

Below are the top five companies in the Industrial Machinery industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.

Dmc Global Inc (NASDAQ:BOOM ) ranks first with a gain of 3.58%; Colfax Corp (NYSE:CFX ) ranks second with a gain of 2.16%; and Middleby Corp (NASDAQ:MIDD ) ranks third with a gain of 1.47%.

Illinois Tool Wo (NYSE:ITW ) follows with a gain of 1.34% and Parker Hannifin (NYSE:PH ) rounds out the top five with a gain of 1.33%.

SmarTrend recommended that its subscribers protect gains by selling shares of Parker Hannifin on April 30th, 2019 by issuing a Downtrend alert when the shares were trading at $180.93. Since that call, shares of Parker Hannifin have fallen 7.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance dmc global inc colfax corp middleby corp illinois tool wo parker hannifin

Ticker(s): BOOM CFX MIDD ITW PH