Invest Like Warren Buffett: 3 Industrials to Buy Today

America’s favorite bespectacled value investor, Warren Buffett, made one of the largest deals in Berkshire Hathaway (BRK.A, BRK.B) history. Buffett paid a whopping $37 billion — if you include assumption of debt — for aerospace and automotive industrial giant Precision Castparts (PCP). The deal strengthens Berkshire’s vast and growing industrials portfolio. Investors may want to follow Buffett’s lead into the industrials sector.

Meanwhile, there’s plenty of growth to be found among the industrials. Lower energy and materials costs have jump-started the trend of onshoring — or bringing heavy manufacturing jobs back to American soil. This, plus a hefty dose of innovation and a move towards high-valued/heavy engineered goods, has helped the industrials regain their mojo. All in all, that’s great news for industrials going forward. It’s even better news for investors looking for stability, growth and income. To that end, here’s three industrials to buy today: Parker-Hannifin (PH), Snap-on Incorporated (SNA) and Cummins (CMI).

Source: InvestorPlace

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