Monday, March 28, 2016

4 Stocks Flying in 2016

It's been a difficult first quarter for the industrial sector, with China's growth slowing, talk of an industrial recession in the U.S., and the European Central Bank cutting interest rates to stimulate Europe's economy. Yet somehow, industrial supply companies MSC Industrial Direct Co. (NYSE:MSM), Fastenal Company (NASDAQ:FAST), and W.W. Grainger Inc. (NYSE:GWW) are up an average 16% in 2016. What's going on, and can it continue?

KMT Chart
KMT data by YCharts.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED