There are 32 stocks in the ASX 200’s industrials sector and that accounts for just over 6% of the index! Also, as can be seen from Table 1, there are no real ‘stand out’ stocks as judged by the latest consensus recommendations given in the final column of that table (1.0 is the highest possible rating, 4.0 is lowest). So, while an investor might be spoilt for choice – or confused by the similarity of many of the stocks – my longer-term picks of Asciano (AIO), Aurizon (AZJ) and Transurban (TCL) reported on this site 12 months ago have served me reasonably well.
Table 1: Data on companies in the ASX 200's Industrials sector
Source: Thomson Reuters Datastream and Woodhall Investment Research - 24 January, 2014.