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Shares of Middleby Corp Rank the Highest in Terms of Relative Performance in the Industrial Machinery Industry (MIDD , ITW , SNA , FLS , TKR )

By James Quinn

Here are the top 5 stocks in the Industrial Machinery industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Middleby Corp (NASDAQ:MIDD ) ranks first with a gain of 0.69%; Illinois Tool Wo (NYSE:ITW ) ranks second with a gain of 0.51%; and Snap-On Inc (NYSE:SNA ) ranks third with a gain of 0.42%.

Flowserve Corp (NYSE:FLS ) follows with a gain of 0.26% and Timken Co (NYSE:TKR ) rounds out the top five with a gain of 0.21%.

SmarTrend recommended that its subscribers protect gains by selling shares of Middleby Corp on April 2nd, 2018 by issuing a Downtrend alert when the shares were trading at $122.36. Since that call, shares of Middleby Corp have fallen 15.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance middleby corp illinois tool wo snap-on inc flowserve corp timken co