Stocks in the industrial goods sector tend to include those that produce goods used in construction and manufacturing. They include companies in the aerospace and defence, industrial machinery, tools, fisheries, forestry, construction, waste management, manufactured housing, cement and metal fabrication segments.
The health, or otherwise, of the sector is influenced by factors such as the demand for building and construction and for manufactured products. Economic conditions and governmental decisions – including regulatory or infrastructure matters – can affect the performance of these stocks.
Maggie has spent over 17 years working in the equities markets, initially as a salesperson and research analyst at Bank of America, followed by roles at Deutsche Bank, Investec and most recently RBC. She has followed companies in a wide range of sectors, including Media, Aerospace & Defence and Industrials.
Kevin has over 30 years of research experience in a range of market segments including Support Services, Industrials and Utilities. He ran the equity research team at Seymour Pierce and was Head of the European Support Services and Industrial Transportation team at ING. In his early career he held senior research positions at Chase Manhattan Corporation and Merrill Lynch. He graduated with a degree in Chemical Engineering and is a Chartered Engineer, a Member of the Energy Institute, a Fellow of the Royal Society of Arts and Commerce and a Freeman of the City of London.