The Latest Breaking News from LYTS

With the infrastructure bill expected to drive the demand for industrial equipment, the industry’s prospects look bright. Given this backdrop, it could be worth buying fundamentally strong industrial stocks Keysight Technologies (KEYS), Titan Machinery (TITN), and LSI Industries (LYTS). However, AEye (LIDR) could be best avoided now, given its bleak…

Amid the Fed’s monetary tightening policies, industrial production in the U.S. declined in October. However, the infrastructure bill, which has already approved numerous projects for industrial development, is expected to boost the sector. Given the industry’s growth prospects, investors could consider buying quality industrial equipment stock LSI Industries (LYTS). However,…

The industrial sector’s prospects look promising with favorable government policies and funding. Hence, fundamentally strong industrial stocks Hillenbrand (HI), Myers Industries (MYE), and LSI Industries (LYTS) could be added to your portfolio. However, Plug Power (PLUG) might be best avoided, given its bleak fundamentals. Read on….

Strong demand for industrial goods and favorable government policies are expected to boost the industrial sector’s long-term growth. However, stubborn inflation and the Fed’s aggressive rate hikes, and the rising recession odds have hit the sector this year. While we believe fundamentally strong industrial stocks Keysight Technologies (KEYS) and LSI…

Although inflation eased slightly last month, the Fed has indicated that the final level of interest rates could be higher than expected. With further interest rate hikes and the possibility of a recession expected to keep the market under pressure, it could be wise to buy dividend-paying stocks Pfizer (PFE),…

Despite lingering market headwinds, total industrial production in August increased on a year-over-year basis. Furthermore, lucrative federal investments in infrastructure development are slated to foster rapid growth in the industrial sector. We think investors should add quality industrial stocks Parker-Hannifin (PH), Titan Machinery (TITN), and LSI Industries (LYTS) to their…

Despite the stock market’s rally over the past few weeks, concerns over elevated inflation and the Fed’s hawkish stance will likely drive volatility in the upcoming weeks. Amid these uncertain market conditions, it could be wise to invest in shares of under-$10 stocks Assertio Therapeutics (ASRT), Rackspace Technology (RXT), and…

Industrial production fell in June due to labor shortages, supply chain disruptions, and rising costs. However, the government’s focus on pushing domestic production is expected to benefit industrial stocks. Therefore, it could be wise to add industrial stocks Axon Enterprise (AXON), W.W. Grainger (GWW), and LSI Industries (LYTS) to your…

Despite posting record gains last month, the benchmark indexes plummeted on the first day of this month as worries about a potential recession dominated investor sentiment. As the market volatility is not expected to lessen anytime soon, it could be wise to invest in fundamentally strong dividend stocks ICL Group…

  LSI Industries (NASDAQ:LYTS) reported its Q3 earnings results on Thursday, April 28, 2022 at 06:30 AM. Here's what investors need to know about the announcement.