Industrials Post Positive Earnings. 3 Stocks Whose Charts Say ‘Buy.’

The John Deere autonomous 9RX tractor. (David Paul Morris/Bloomberg)

Industrial earnings season is off to a promising start, with J.B. Hunt Transport Services and CSX Corp. Both delivering results that exceeded expectations last week. Even FedEx, often an earnings laggard, handily beat numbers. These early results may speak to broader strength building within the industrials group, a sector closely tied to the health of the real economy.

Against this backdrop, perhaps it is time to start looking at some other stocks that might see tailwinds. Deere & Co. has gained 8% so far in 2025, lagging peer Caterpillar, which has advanced by 45%. Perhaps we will see some mean reversion with last week’s spinning top candle. Deere hasn’t posted back to back weekly gains since early May and produced a bearish death cross, but remember that tends to happen after most of the technical damage has already been done. Enter here and remain constructive above $433. Look for the stock to move toward $500 by year end.

Deere & Co. traded at $462.68 Monday.

A spinning top candle last week suggests selling pressure in John Deer stock is abating.

Generac Holdings, a specialty industrial machinery play, has been displaying solid momentum, up 28% over the last three months. The stock will report earnings on Oct. 29 before the open. The last five earnings results produced positive reactions. The stock is just 3% below its 52-week high and is nearing the very round $200 number for the third time in the last year. Technicians like to mention there is “no such thing as a triple top,” meaning this time could be the time it sticks above the level. Last week displayed powerful relative strength up 12% as the Industrial Select Sector SPDR Fund gained 1%. Notice how Generac doubled off the very round par number from early April and now sits just above a double-bottom breakout pivot of $192.82. Look for this to hit $240 by year end and remain bullish above $180.

Generac Holdings traded at $196.29 Monday.

Generac Holdings is approaching the very round $200 number.

UL Solutions , a global safety science company that had its initial public offering in April 2024, has more than doubled since its debut and now trades just 3% below its recent 52-week high. This stock deserves credit, as many new issues face early setbacks. ULS has climbed with consistent momentum. It is set to report earnings on Nov. 5. The stock recently cleared a double-bottom trigger at $74.25 on Oct. 8. Importantly, it showed strong follow-through, surging another 7% on Oct. 14, exactly the kind of behavior traders like to see in a fledgling breakout. Looking ahead, the stock could move toward the very round $100 level in the first quarter of 2026. Investors should remain constructive as long as the stock holds above $69.

UL Solutions traded at $76.82 Monday.

UL Solutions recently cleared a double bottom trigger.

Write to Doug Busch at douglas.busch@barrons.com