Industrials

IDEX makes specialized industrial, health, and safety equipment used in critical applications. Strong margins, solid cash generation, and a focused niche strategy make it an interesting industrial company to examine, especially as its portfolio is being reshaped.

IES Holdings builds electrical and communications systems for data centers, housing, and industrial projects. Recent years brought rapid revenue growth, much stronger margins, excellent returns on capital, and very low debt, making its operating profile hard to ignore.

Honeywell Aerospace supplies deeply embedded aircraft systems, software, and services to commercial and defense markets. Its appeal comes from long-lived installed equipment, recurring aftermarket demand, and strong operating margins in an industry with durable multi-year tailwinds.

Huntington Ingalls Industries builds critical U.S. naval assets and has expanded into defense technology services. Rare shipyard capabilities, steady defense demand, and improving cash generation make its long-term positioning worth a closer look.

Getlink operates the Channel Tunnel and related cross-Channel transport services, with added support from its UK-France power link. A rare infrastructure position, solid margins, and strong cash-flow growth make its long-term industrial relevance worth a closer look.

Generac makes backup power and home energy products, led by its strong U.S. standby generator franchise. The bigger appeal is its expansion into storage, software, and grid services, which could turn a cyclical equipment maker into a broader energy resilience platform.