Generac gains the most among industrial stocks this week, Stanley Black & Decker lags

The Industrial Select Sector SPDR Fund ETF (NYSEARCA:XLI [https://seekingalpha.com/symbol/XLI]) closed 1.19% lower this week. On a year-to-date basis, XLI has been slightly ahead of the broader markets, gaining 16.83% compared to the S&P500’s 11.41% return.

WEEKLY TOP 5 GAINERS

* Generac (NYSE:GNRC [https://seekingalpha.com/symbol/GNRC]) gained the most this week with shares +2.66%. Seeking Alpha analyst, The Alpha Sieve [https://seekingalpha.com/article/4828214-generac-stock-few-underappreciated-reasons-to-pursue-this-energy-tech-specialist] issued a Buy rating for the stock this week, expecting the company’s EBITDA margin to expand by 120bps over two years, supported by strong pricing, operating leverage, supply chain improvements, and high-margin recurring revenue.
* Northrop Grumman (NYSE:NOC [https://seekingalpha.com/symbol/NOC]) added +2.29% this week after a report said that it was in the running for a U.S. Navy contract [https://seekingalpha.com/news/4502433-pentagon-is-said-to-near-decision-on-navy-s-next-stealth-fighter]to build next-generation stealth fighter jets.
* GE Vernova (NYSE:GEV [https://seekingalpha.com/symbol/GEV]) was +1.61%.
* EMCOR Group (NYSE:EME [https://seekingalpha.com/symbol/EME]) rose 1.43% after Goldman Sachs upgraded [https://seekingalpha.com/news/4502423-emcor-upgraded-by-goldman-sachs-as-data-center-boom-outpaces-building-slump]its rating on the firm to Neutral from Sell, citing stronger-than-expected data center growth offsetting weakness in non-residential construction.
* United Airlines (NASDAQ:UAL [https://seekingalpha.com/symbol/UAL]) ended +1.41% despite a Sell recommendation by Seeking Alpha analyst Hawkinvest [https://seekingalpha.com/article/4828620-united-airlines-this-stock-might-be-topped-out-for-now-q3-earnings-preview-downgrade-sell]over “technical concerns, recession risks, and unresolved labor negotiations”.

WEEKLY TOP 5 LOSERS

* Stanley Black & Decker (NYSE:SWK [https://seekingalpha.com/symbol/SWK]) lost 14.57% ending up as the biggest loser this week.
* Ingersoll Rand (NYSE:IR [https://seekingalpha.com/symbol/IR]) closed the week 9.35% lower.
* Expeditors International of Washington (NYSE:EXPD [https://seekingalpha.com/symbol/EXPD]) was -8.41% this week.
* FedEx (NYSE:FDX [https://seekingalpha.com/symbol/FDX]) ended -8.17% after JPMorgan downgraded [https://seekingalpha.com/news/4502597-fedex-falls-after-jp-morgan-downgrades-due-to-significant-headwinds]it to Neutral from Overweight due to significant headwinds mainly relating to the difficult industrial backdrop and increasing competition.
* A. O. Smith (NYSE:AOS [https://seekingalpha.com/symbol/AOS]) was -7.63%.

ETFs to tab the industrial sector include: (XLI [https://seekingalpha.com/symbol/XLI]), (VIS [https://seekingalpha.com/symbol/VIS]), (XAR [https://seekingalpha.com/symbol/XAR]), (EXI [https://seekingalpha.com/symbol/EXI]), (PSCI [https://seekingalpha.com/symbol/PSCI]), (PRN [https://seekingalpha.com/symbol/PRN]), (FIDU [https://seekingalpha.com/symbol/FIDU]).

MORE ON INDUSTRIALS

* United Airlines: This Stock Might Be Topped Out For Now (Earnings Preview) [https://seekingalpha.com/article/4828620-united-airlines-this-stock-might-be-topped-out-for-now-q3-earnings-preview-downgrade-sell]
* Generac: A Few Underappreciated Reasons To Pursue This Energy-Tech Specialist [https://seekingalpha.com/article/4828214-generac-stock-few-underappreciated-reasons-to-pursue-this-energy-tech-specialist]
* A. O. Smith: An Undervalued Stock For Your Dividend Growth Portfolio [https://seekingalpha.com/article/4827931-a-o-smith-aos-undervalued-stock-dividend-growth-portfolio]
* FedEx falls after J.P. Morgan downgrades due to 'significant' headwinds [https://seekingalpha.com/news/4502597-fedex-falls-after-jp-morgan-downgrades-due-to-significant-headwinds]
* Pentagon is said to near decision on Navy’s next stealth fighter [https://seekingalpha.com/news/4502433-pentagon-is-said-to-near-decision-on-navy-s-next-stealth-fighter]