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Applied Industrial Technologies (AIT)

(Delayed Data from NYSE)

$197.00 USD

197.00
333,102

+0.24 (0.12%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $197.03 +0.03 (0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 28% (179 out of 250)

Industry: Manufacturing - General Industrial

Better trading starts here.

Zacks News

Graco (GGG) Unveils TruMix XT Variable-Ratio Mixing System

Graco's (GGG) TruMix XT frees up labor from the mix station and eradicates mixing errors, which results in low material waste and increased material working time.

Crane Company (CR) Hits Fresh High: Is There Still Room to Run?

Crane (CR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Lindsay (LNN) Inks Deal to Acquire Minority Interest in Pessl

Lindsay (LNN) enters deal to acquire 49.9% stake in Pessl to expand global reach.

Reasons to Retain Cintas (CTAS) Stock in Your Portfolio Now

Cintas (CTAS) is benefiting from strength in the Uniform Rental and Facility Services segment. The company's measures to reward its shareholders are encouraging.

Nordson's (NDSN) Unit Unveils SELECT Synchro Soldering System

Nordson's (NDSN) Synchro 3 Soldering System accommodates maximum three soldering stations for various alloys and can handle board sizes of up to 2500 x 460 mm.

Dover (DOV) Closes Sale of DESTACO Business to Stabilus

Dover (DOV) sells its DESTACO business to focus better on core platforms.

Lincoln Electric (LECO) Buys RedViking to Boost Portfolio

Lincoln Electric (LECO) acquires RedViking to strengthen its automation solutions portfolio.

Ritujay Ghosh headshot

Manufacturing Activity Rebounds to One-and- a-Half-Year High: 5 Picks

Manufacturing activity increased in March to its highest level in one-and-a-half years, making Hubbell Inc (HUBB), A. O. Smith Corp (AOS), Eaton Corporation plc (ETN), Applied Industrial Technologies, Inc. (AIT) and DNOW Inc. (DNOW) solid stocks to buy.

AGCO Corp (AGCO) & Trimble Close JV to Form PTx Trimble

AGCO Corp (AGCO) closes the previously announced JV deal with Trimble to form PTx Trimble to better serve farmers.

Here's Why Hold Strategy is Apt for Xylem (XYL) Stock Now

Improving supply chains and strong demand in the test and measurement market bode well for Xylem (XYL). The company's measures to reward its shareholders are encouraging.

Reasons Why Parker-Hannifin (PH) Should be in Your Portfolio

Parker-Hannifin (PH) is expected to benefit from strength across its businesses, Win Strategy, acquired assets and shareholder-friendly policies.

Stanley Black (SWK) Divests Infrastructure Business for $760M

Stanley Black (SWK) completes the divestiture of its Infrastructure business for $760 million to focus on the core businesses while supporting capital-allocation priorities.

Is Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) a Strong ETF Right Now?

Smart Beta ETF report for GSSC

MSC Industrial (MSM) Q2 Earnings Beat Estimates, Revenues Miss

MSC Industrial (MSM) expects average daily sales to see flat to 5% growth year over year for fiscal 2024.

Reasons to Retain Graco (GGG) Stock in Your Portfolio Now

Graco (GGG) is set to gain from the solid momentum in the Industrial segment due to end-market strength in the Americas region. The company's measures to reward its shareholders are encouraging.

Flowserve (FLS) Gains From Business Strength Amid Risks

Flowserve (FLS) benefits from strength across its original equipment and aftermarket businesses, solid bookings and shareholder-friendly policies. However, rising costs and expenses are concerning.

Here's Why Momentum in Applied Industrial Technologies (AIT) Should Keep going

Applied Industrial Technologies (AIT) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

MSC Industrial (MSM) Buys SMRT's Intellectual Property Assets

MSC Industrial (MSM) acquires intellectual property assets from SMRT to boost innovation.

Cintas (CTAS) Q3 Earnings & Revenues Beat Estimates, View Up

Cintas' (CTAS) third-quarter fiscal 2024 revenues revenues increase 9.9% year over year on solid segmental sales.

Ingersoll Rand (IR) to Buy ILC & Boost Life Sciences Unit

Ingersoll Rand's (IR) acquisition of ILC Dover will enable it to strengthen its product offerings and boost growth in the life sciences market.

Greif (GEF) Completes Ipackchem Acquisition, Boosts Portfolio

Greif (GEF) completes the acquisition of Ipackchem, which is expected to be immediately accretive to EBITDA margins.

UniFirst (UNF) Q2 Earnings Miss Estimates

Unifirst (UNF) delivered earnings and revenue surprises of -13.48% and 0.54%, respectively, for the quarter ended February 2024. Do the numbers hold clues to what lies ahead for the stock?

Graphic Packaging (GPK) Up 15.7% in 3 Months: More Room to Run?

Graphic Packaging (GPK) is well-poised to gain on rising demand for sustainable packaging options and a solid innovation pipeline.

Sonoco (SON) Announces Price Hike for Paperboard in Europe

Sonoco (SON) implements a price increase for all grades of uncoated recycled paperboard sold in Europe to mitigate higher input costs.