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Stock impact report

Piper Sandler says to buy these 14 stocks set to get a boost from a strong manufacturing cycle [Business Insider]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Have an account? Log in Piper Sandler forecasts a cyclical boom and advises buying manufacturing-sensitive stocks. Manufacturing data shows further expansion is likely ahead. Stocks Piper Sandler is bullish on include Ford, Dillard's, UPS, and more. All signs point to a cyclical boom ahead, according to Piper Sander's top strategist, Michael Kantrowitz — and the firm says it "strongly" advises investors to load up on stocks best positioned to benefit from the shift. "We continue to recommend investors overweight their portfolios with stocks sensitive to the ISM (across all sectors) as we expect there is a lot more alpha left in the next year or so as PMIs rebound, and the business cycle broadens out," Kantrowitz wrote in a client note Tuesday. ISM and PMI refer to the Institute for Supply Management's Purchasing Manager Indexes, which provide various gauges for measuring manufacturing activity. Seventy percent of PMIs are now expanding, the note showed, having recently cr Show less Read more
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