Morningstar

Industrials

Companies that manufacture machinery, hand-held tools, and industrial products. This sector also includes aerospace and defense firms as well as companies engaged in transportation and logistic services.

Featured

Boeing Earnings: Lowering Fair Value Estimate as Firm Stares Down More Distant Cash Flow Recovery

Nicolas Owens Oct 27, 2026

GE Aerospace Earnings: We Raise Fair Value Estimate on Margin Growth Trajectory

Nicolas Owens Oct 27, 2026

SpaceX Strikes $40B GPU Leasing Deal with Private Credit Players

Zack Miller Oct 26, 2026

Bloom Energy Earnings: Revenue and Guidance Soar, While Cash Flow Conversion Is Lackluster

Joshua Aguilar Oct 23, 2026

American Airlines Earnings: Lowering Fair Value Estimate on 2026 Losses

Nicolas Owens Oct 23, 2026

Latest Company Reports

Largest Stocks in the Industrials Sector

Screen With Investor

1-Day Chart	Name	Industry	Price	Morningstar Rating for Stocks	Capital Allocation	Economic Moat	Market Cap
	Space Exploration Technologies Corp Class A SPCX	Aerospace & Defense			LOCK\|>y?P!>@l	LOCK\|G<Yv	$2T
	Caterpillar Inc CAT	Farm & Heavy Construction Machinery			LOCK\|#tGQSNN	LOCK\|#M	$328B
	GE Aerospace GE	Aerospace & Defense			LOCK\|qWzJ?!@	LOCK\|%f	$309B
	RTX Corp RTX	Aerospace & Defense			LOCK\|fHFFz&s$	LOCK\|C!%	$263B
	GE Vernova Inc GEV	Specialty Industrial Machinery			LOCK\|MB$&yMt!	LOCK\|$?GGj	$238B
	Union Pacific Corp UNP	Railroads			LOCK\|x>Vvz<&	LOCK\|&&	$178B
	Deere & Co DE	Farm & Heavy Construction Machinery			LOCK\|c!^>^KQc	LOCK\|w#X	$172B
	Eaton Corp PLC ETN	Specialty Industrial Machinery			LOCK\|y#?z^m	LOCK\|?H%	$149B
	Lockheed Martin Corp LMT	Aerospace & Defense			LOCK\|rh$<d@$	LOCK\|x$	$144B
	Boeing Co BA	Aerospace & Defense			LOCK\|?n#f&v	LOCK\|>n?	$133B

2 Undervalued Stocks to Buy With Long-Term Growth Ahead

Defense spending and booming data center demand could provide powerful tailwinds for these 4-star stocks.

David Sekera, CFA, Sarah Hansen, and Jess Bebel Oct 23, 2026

Tesla: Valuation Is a Sticking Point in Merger Talks With SpaceX

We see regulatory risk from both the US and Chinese governments.

Seth Goldstein, CFA Oct 22, 2026

United Airlines Earnings: Lowering Fair Value Estimate as High Fuel Costs Remain in the Forecast

United has joined Delta in offering industry-leading travel segmentation, allowing it to outearn most of the industry.

Nicolas Owens Oct 22, 2026

Is AI a Double-Edged Sword for Engineering and Construction Stocks?

We examine which firms look most vulnerable to AI disruption and which have the most to gain from the data center buildout.

Krzysztof Smalec, CFA Oct 22, 2026

SpaceX Earnings: We Raise Fair Value Estimate on Strong AI Growth

We still think SpaceX stock is significantly overvalued.

Nicolas Owens Oct 21, 2026

GE Aerospace Earnings: Firm Setting Up Some Steep Milestones

We’ve slightly raised our fair value estimate of GE stock.

Nicolas Owens Oct 20, 2026

Ahead of GE Aerospace Earnings, Is the Stock a Buy, a Sell, or Fairly Valued?

With high fuel prices threatening to slow airline capacity growth, here’s what we’re watching in GE Aerospace’s earnings.

Nicolas Owens Oct 15, 2026

Stock Sector Outlooks: Morningstar’s Top Q4 Picks Across the Market

Morningstar analysts provide their sector outlooks and views on the best stocks to buy.

Lauren Solberg Oct 13, 2026

Industrials: Stocks Remain Fully Valued, but Opportunities Remain Across the Sector

In this sector, we like Vontier, CarMax, and other names.

Suryansh Sharma Oct 12, 2026

33 Undervalued Stocks to Buy Before the Market Shifts Again

Here’s the new list of Morningstar’s top analyst picks for the fourth quarter of 2026.

Susan Dziubinski and Tori Brovet Oct 12, 2026

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