The industrial sector has thrived due to steady demand and is evolving rapidly amid growing demand for enhanced quality and high productivity. So, let’s take a closer look at quality industrial stocks General Electric Company (GE) and Core Molding Technologies, Inc. (CMT), that are currently trading under $100 and are worth your investment.
The growing market for AR and digital technologies is boosting the growth of industrial automation. The adoption of industrial automation is increasing in the pharmaceuticals, chemicals, and oil and gas sectors. The global industrial automation market is expected to grow at a CAGR of 7.2% to $81.40 billion by 2033.
