The Latest Breaking News from Myers Industries Inc

Despite the near-term macroeconomic headwinds, the industrial sector is expected to witness solid long-term growth supported by government funding and technological advancements. So, investors could consider buying fundamentally strong industrial stocks Caterpillar (CAT), General Electric (GE), and Myers Industries (MYE) in 2023. Keep reading.

Growing demands for industrial goods and the adoption of advanced technologies will likely drive long-term growth in the industrial sector. So, investing in industrial stocks, Myers Industries (MYE), and Keysight Technologies (KEYS) could be worth it now. However, fundamentally weak FuelCell Energy (FCEL) might be best avoided. Continue reading.

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….

Despite current market uncertainties, the U.S. economy's long-term growth prospects are pretty viable. Experts believe inflation will fall dramatically in the coming year, and robust growth will follow. Therefore, investors could buy quality stocks Microsoft (MSFT), Vertex Pharmaceuticals (VRTX), Centene (CNC), Agilent Technologies (A), and Myers Industries (MYE), which seem…

The stock market has been experiencing heightened volatility lately on concerns over the Fed’s aggressive rate hikes to tame record-high inflation and growing recession odds. Amid an uncertain market environment, investors increasingly take refuge in dividend stocks to ensure a steady income stream. Hence, it would be wise to invest…

Myers Industries Inc (NYSE:MYE) has acquired the assets of Mohawk Rubber Sales of New England Inc., an auto aftermarket distributor, for an undisclosed sum. Mohawk Rubber Sales has four strategically located distribution centers across the U.S. In 2021, Mohawk's revenues were $65 million. Mohawk will be integrated into Myers' Distribution segment. The company…

Myers Industries Inc (NYSE:MYE) plans to implement price increases effective April 18, 2022, across most of its portfolio of products in the Material Handling Segment. The details of the price hike were not disclosed. The price rise results from high inflation and rising raw material, freight, energy, fuel, labor, and corrugated costs. Myers manufactures…