12 Best Manufacturing Stocks to Buy According to Hedge Funds

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8. Dover Corporation (NYSE:DOV)

Number of Hedge Fund Holders: 53

Dover Corporation (NYSE:DOV) is one of the best manufacturing stocks to buy according to hedge funds. In June, Dover Corp announced the launch of Techcon’s new Side-by-Side/SBS Dispensing Cartridges. These cartridges are designed for precise metering of 2-component adhesives and sealants and are targeted at diverse industries such as electronics, industrial, medical device, and automotive.

The new product line is available in two sizes, 50 ml and 200 ml, and three standard mixing ratios: 1:1, 2:1, and 10:1, which increases versatility and compatibility with most standard cartridge guns. Made from polypropylene, these cartridges ensure a range of chemical compatibilities.

They are sold as complete sets, which include cartridges, caps, plungers, and O-rings, in quantities of 100 and 500. The new product line is expected to positively impact Dover Corp’s revenue streams but also pose challenges like the initial slow market adoption as industries test the product’s efficacy.

Dover Corporation (NYSE:DOV) provides equipment & components, consumable supplies, aftermarket parts, software & digital solutions, and support services worldwide.

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