The industrial sector stands resilient even after facing economic headwinds. Amid this, let’s take a look at some top-rated industrial stocks, NL Industries, Inc. (NL), Ultralife Corporation (ULBI), and Alpha Pro Tech, Ltd. (APT), which are trading under $10.
Over the past year, rising interest rates have negatively impacted equipment industries as it became difficult for such companies with capital-intensive businesses to procure funds with such high rates prevailing in the market.
