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3 Construction & Mining Equipment Stocks to Gain On Strong Demand

Madhurima Das
·1 min read
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The Zacks Manufacturing - Construction and Mining industry is well-poised to gain on the ongoing expansion in manufacturing activity. The sector bounced back strongly since the contraction suffered in  the March-May period last year due the COVID-19 pandemic, as economies started reopening and businesses resumed operations. The manufacturing sector has been gaining momentum ever since, with new orders and production on a roll. Industry players like Caterpillar Inc. CAT, Komatsu Ltd. KMTUY and The Manitowoc Company, Inc. MTW are positioned well to gain on this trend. The players have been focusing on cost cutting efforts and investment in digital initiatives to drive growth.
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Caterpillar Inc. (CAT) : Free Stock Analysis Report
 
The Manitowoc Company, Inc. (MTW) : Free Stock Analysis Report
 
Komatsu Ltd. (KMTUY) : Free Stock Analysis Report
 
H&E Equipment Services, Inc. (HEES) : Free Stock Analysis Report
 
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