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Top 5 Companies in the Industrial Machinery Industry with the Best Relative Performance (SPXC , KMT , TKR , HSC , ITW )

By Shiri Gupta

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.

Spx Corp (NYSE:SPXC ) ranks first with a gain of 7.27%; Kennametal Inc (NYSE:KMT ) ranks second with a gain of 1.00%; and Timken Co (NYSE:TKR ) ranks third with a gain of 0.60%.

Harsco Corp (NYSE:HSC ) follows with a gain of 0.52% and Illinois Tool Wo (NYSE:ITW ) rounds out the top five with a gain of 0.17%.

SmarTrend recommended that its subscribers protect gains by selling shares of Harsco Corp on July 17th, 2019 by issuing a Downtrend alert when the shares were trading at $24.90. Since that call, shares of Harsco Corp have fallen 15.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance spx corp kennametal inc timken co harsco corp illinois tool wo