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.