Improving supply chains and signs of an uptick in manufacturing activities favor the Zacks Manufacturing - Electronics industry's near-term prospects. ETN, AOS and ENS are well-placed to capitalize on the buoyancy in the industry.
Kennametal (KMT) benefits from strength in the general engineering and energy end markets within the Metal Cutting segment. Kennametal's measures to reward its shareholders are encouraging.
General Electric's (GE) unit, GE Vernova's Hydro Power business, signs a two-year MOC with Ukrhydroenergo to construct and restore Ukraine's hydropower facilities.