Editor’s note: Our industrial sector outlook is part of a regular series sharing our views on various sectors with advisors and consultants. It’s part of our efforts to increase communication with investors at a time of economic and market uncertainty. While the sector outlooks provide a short overview of our thinking, we invite you to contact us if you are interested in a deeper discussion.
The economic fallout from the coronavirus has created an undeniable rough patch for the industrial sector. But there are bright spots beneath the darker clouds. We see investment opportunity in a few companies with innovative businesses using technology to improve manufacturing in other industries. We also see potential in “self-help” stories – management teams who are using efficiencies to improve the bottom line even as top-line growth slows.
We share these bright spots, some of the sector headwinds, and how we are navigating this economic environment in our industrial sector outlook.