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Applied Industrial Technologies (AIT)

(Real Time Quote from BATS)

$192.59 USD

192.59
60,459

+0.93 (0.49%)

Updated Jun 27, 2024 01:04 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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1-Strong Buy of 5 1        

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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D Value D Growth F Momentum F 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

Top 22% (54 out of 250)

Industry: Manufacturing - General Industrial

Better trading starts here.

Zacks News

Here's Why Investors Should Bet on Enersys (ENS) Stock Now

Enersys (ENS) benefits from increased orders for its products in the electric industrial forklift trucks market. The company's efforts to reward shareholders with dividends augur well.

ClearSign Technologies (CLIR) Declares Its Largest Burner Sale

ClearSign Technologies (CLIR) announces its largest boiler burner sale to date, almost twice the size of its previous greatest single burner.

Berry Global (BERY) Gets Regulatory Clearance for HHNF Spin-Off

Berry Global (BERY) achieves an additional regulatory milestone regarding the spin-off of its Health, Hygiene and Specialties segment.

MSC Industrial (MSM) Acquires ApTex & Premier Tool Grinding

MSC Industrial (MSM) buys ApTex and Premier Tool Grinding to expand its footprint and product offerings.

Zacks.com featured highlights Veracyte, Steelcase and Applied Industrial

Veracyte, Steelcase and Applied Industrial have been highlighted in this Screen of The Week article.

Packaging Corp (PKG) Gains 49% in a Year: What's Aiding It?

Packaging Corp (PKG) gains from increased e-commerce activities, which, in turn, aid packaging demand.

Here's Why Zebra Technologies (ZBRA) is an Attractive Pick

Zebra Technologies (ZBRA) benefits from cost-management actions and acquired assets. The company's measures to reward its shareholders are encouraging.

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3 Top-Ranked Efficient Stocks to Increase Your Portfolio Returns

Invest in companies like Veracyte (VCYT), Steelcase (SCS) and Applied Industrial Technologies (AIT), as they boast higher efficiency levels.

The Zacks Analyst Blog Highlights Applied Industrial, Clear Secure, Luxfer and AZZ

Applied Industrial, Clear Secure, Luxfer and AZZ are included in this Analyst Blog.

Johnson Controls (JCI) Boasts Strong Prospects Despite Headwinds

Johnson Controls (JCI) is set to benefit from strength in the Building Solutions North America segment. However, weakness in the Global Products segment remains a concern.

Tetra Tech (TTEK) Clinches an Additional $84M Deal From USAID

Tetra Tech (TTEK) clinches an additional $84-million deal from USAID to strengthen energy security in the Republic of Moldova.

Ritujay Ghosh headshot

4 Stocks to Buy on Solid Rebound in Industrial Production

Stocks like Applied Industrial Technologies, Inc. (AIT), Clear Secure, Inc. (YOU), Luxfer Holdings PLC (LXFR) and AZZ Inc. (AZZ) are likely to benefit from the jump in industrial production.

Verra Mobility (VRRM), Bluedot Unite on EV Charging for Fleets

Verra Mobility (VRRM) partners with Bluedot to provide easy charging access for its fleet customers.

Strength in Aerospace Segment Aids Barnes (B) Amid Cost Woes

Barnes (B) stands to benefit from the solid momentum in the Aerospace segment. However, cost inflation is concerning.

Reasons Why You Should Avoid Betting on Nordson (NDSN) Stock

Softness in the Advanced Technology Solutions segment, rising operating expenses and forex woes weigh on Nordson's (NDSN) operations.

Are Industrial Products Stocks Lagging Helios Technologies (HLIO) This Year?

Here is how Helios Technologies (HLIO) and Applied Industrial Technologies (AIT) have performed compared to their sector so far this year.

O-I Glass (OI) Plans to Invest $65M in Its French Plant

O-I Glass (OI) to invest in the electrification and decarbonization of its plant in Veauche.

Low Commodity Prices & High Costs Affect Lindsay (LNN)

Lindsay (LNN) bears the brunt of supply-chain constraints and low commodity prices amid solid demand to replace aging equipment.

Here's Why You Should Retain Illinois Tool (ITW) Stock Now

Illinois Tool (ITW) gains from its business strength, cost management actions and shareholder-friendly policies. However, softness in the consumer electronics and semiconductor markets remains concerning.

MSC Industrial (MSM) Lowers '24 View Post Preliminary Q3 Results

MSC Industrial (MSM) expects an adjusted operating margin of 10.5%-10.7%, down from the prior stated 12-12.8%.

Barnes (B) Teams Up With RTX's P&WC for Engine Component Repair

Barnes (B) extends its repair services contract with P&WC. This involves both companies partnering on the maintenance, repair and overhaul of components for new and existing aerospace engines.

Best Momentum Stock to Buy for June 13th

KNBWY, CAVA and AIT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 13, 2024.

IDEX (IEX) to Benefit From Business Strength Amid Headwinds

IDEX (IEX) is poised to benefit from strength across its FSDP segment, acquired businesses and shareholder-friendly policies. However, softness in its HST unit is concerning.

Berry Global (BERY) Exhibits Strong Prospects Despite Headwinds

Berry Global (BERY) is set to benefit from investments in the latest equipment technologies and cost-reduction actions. However, weakness in Consumer Packaging remains a concern.

AGCO Corp (AGCO) Declines 19% in a Year: What's Ailing the Stock?

AGCO Corp (AGCO) bears the brunt of lower sales and reduced commodity prices.