11 Best Industrial Stocks to Buy Right Now

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2. Ferguson Enterprises Inc. (NYSE:FERG)

Year to Date Return as of June 20: 23.60%

Number of Hedge Fund Holders: 75

Ferguson Enterprises Inc. (NYSE:FERG) is one of the 11 best industrial stocks to buy right now. On June 18, Goldman Sachs initiated coverage of the stock with a ‘Buy’ rating and a $280 price target. The investment bank’s bullish stance is in response to improving pricing trends and execution at the company.

In its third quarter of fiscal 2025, Ferguson Enterprise delivered a 5% organic growth as pricing turned flat after six consecutive quarters of deflation. Improving price trend and execution triggered a 50 basis point year-over-year improvement in third quarter gross margin.

Goldman Sachs expects the company’s EBITA margin to come at the top end of the new guidance of 8.5% to 9%. The improvement should be driven by improved commodity pricing and finished good pricing. Additionally, the investment bank expects Ferguson Enterprise to benefit from the inflationary impact of US tariffs.

Ferguson Enterprises Inc. (NYSE:FERG) is an industrial company that distributes plumbing and heating products. It also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, and fabrication, to residential and non-residential customers.

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