12 Best Manufacturing Stocks to Buy According to Hedge Funds

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6. Trane Technologies (NYSE:TT)

Number of Hedge Fund Holders: 56

Trane Technologies (NYSE:TT) is one of the best manufacturing stocks to buy according to hedge funds. On June 30, Trane, which is a brand of Trane Technologies, announced the implementation of the first Dynamic Closed Loop/DCL geothermal system in the US.

This innovative system was installed at North Shore School District 112, which is located in the northern suburbs of Chicago, marking a step towards sustainable and efficient energy solutions for K-12 educational institutions. The North Shore School District 112 faces aging infrastructure and committed to environmental stewardship, and therefore partnered with Trane to explore geothermal energy.

DCL technology uses the superior heat transfer properties of flowing water, which requires less physical space, making it ideal for suburban school settings. This space-saving minimizes environmental disruption as well.

Trane Technologies (NYSE:TT) designs, manufactures, sells, and services solutions for heating, ventilation, air conditioning, and custom & transport refrigeration.

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