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3 Industrial Stocks Poised To Move Higher

Michael J. Kramer

Industrial stocks have been in rally mode since the beginning of July with the Industrial Select Sector SPDR ETF ( XLI) rising more than 9 percent, topping the S&P 500. Now, shares of some industrials such as Boeing Co. ( BA), 3M Co. ( MMM ), and Caterpillar Inc. ( CAT), are breaking out this week and have the potential to rise between 5 and 9 percent. Caterpillar strongly illustrates this trend.