3 Industrial Tech Stocks You Should Be Watching Now
Hello Sweet Money Readers,
Last week in Mega-Trend Tech Watch, I mentioned that Citi’s Global Industrial Tech and Mobility Conference kicked off in Miami, Florida, on Tuesday, February 18.
Over 140 companies were in attendance.
In years past, this conference has seen some of the most notable and up-and-coming companies in the technology industry present their latest innovative findings.
Key themes shared by participating tech and mobility companies give fantastic insights into the next mega trends to follow.
Last week was no different.
In this edition of Sweet Money, I’ll highlight three companies that presented at this year’s conference, which are stocks to watch for potential gains this year.
Economic Stats: U.S. Consumers at a Crossroad
But first, in Economic Edge, U.S. manufacturing, consumer sentiment, and housing took center stage last week.
As expected, empire manufacturing improved while consumer sentiment and housing data declined.
February’s U.S. Empire State Manufacturing Survey of General Business Conditions performed better than economists expected.
The headline index of New York manufacturers’ general business conditions improved to 5.7 in February, compared to -12.6 the prior month, which beat estimates.
Manufacturing sentiment in the NY region improved in February as new orders and shipments increased reasonably.
However, looking forward, NY firms grew less optimistic about the industry’s outlook due to tariff uncertainties and their potential impact on prices and supply availability.
Meanwhile, data from University of Michigan Consumer Sentiment, U.S. housing starts, and U.S. existing home sales contracted more than expected.
University of Michigan Consumer five- to 10-year consumer inflation expectation numbers showed that U.S. consumers’ long-term inflation expectations rose to the highest level since 1995, a nearly 30-year high!
Consumers anticipate prices rising at an annual rate of 3.5% over the next five to 10 years.
The consumer sentiment index fell to 64.7 from 71.7 in January amid concerns about tariffs and their possible effect on consumer prices.
U.S. housing starts decreased 9.8% to an annualized pace of 1.37 million in January, fueled by a pullback in single- and multifamily home construction.
Economists and homebuilders anticipate slower growth in the new-home market this year, attributing it to high mortgage rates, median prices, and concerns about unsold inventory.
Sales of existing U.S. homes fell last month, with contract closings in January decreasing 4.9% to an annualized rate of 4.08 million.
With mortgage rates around 7% and the median sale price rising 4.8% from last year to $396,900, many Americans find buying a home challenging.
This week, we can expect eight major U.S. economic releases. Please see the table below for details.
Of these upcoming releases, I’ll be watching February’s consumer confidence numbers posting tomorrow, February 25.
Economists estimate consumer confidence likely weakened to a reading of 102.5 from a print of 104.1 prior.
Fewer jobs and persisting inflation will likely remain a concern for consumers’ personal finances.
The green, red, and yellow arrows show the direction and sentiment impact of the estimates for these releases.
3 Must-Watch Industrial Tech Stocks
In Mega Trend-Tech Watch, despite some of these pressured U.S. economic statistics, innovative companies are moving forward with mid- to long-term growth forecasts at the forefront.
Artificial intelligence continues to be a staple in their corporate strategies.
Three companies presenting at the 2025 Citi’s Global Industrial Tech and Mobility Conference stood out as stocks to watch:
- Baker Hughes Co. (NasdaqGS: BKR)
- Mirion Technologies, Inc. (NYSE: MIR)
- Rockwell Automation, Inc. (NYSE: ROK)
Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide.
From a growth perspective, the company said at the conference:
- It expects an increase in energy demand driven by growth in consumption from generative AI, normal consumption from individuals, and population growth.
- Renewables, including hydrogen and geothermal, will continue to expand and play a role in the energy landscape.
- It also mentioned that energy demand is driving a positive cycle, indicating strong consumer demand for energy.
Mirion Technologies provides detection, measurement, analysis, and monitoring solutions for nuclear, defense, medical, and research end markets. The company mentioned:
- AI is driving the need for more baseload predictable, clean electrical energy in hyperscalers and data centers.
- It has a stronger-than-normal pipeline of large orders that will ultimately transact.
- It has “more than a dozen” product categories with “discrete operating software environments, meaning that they’re not compatible. They’re all different. They’re all unique.”
Rockwell Automation, an industrial automation and digital transformation company that serves a broad range of global industries, such as automotive, semiconductor, warehousing and logistics, oil and gas, life sciences, and food and beverages, revealed at the conference:
- It expects annual recurring revenue to continue growing by double-digits.
- The company plans to use AI to drive insights at the information layer, specifically by taking data from traditional Rockwell products like drives.
- It expects significant orders related to mega projects for new construction and line expansions in the U.S. over the next few years.
- The company has introduced industry-leading cloud-native tools to the market.
Where to Look for Your Next Investment Opportunity
Innovative companies like these, with the potential for mid to long-term share price gains, are the backbone of our monthly newsletter, The GenWealth Report.
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That’s it for this edition of Sweet Money.
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Until next time, keep investing!
Amber Lancaster
Editor, The GenWealth Report
Disclaimer: We will not track any recommendations in Sweet Money Daily. We are just sharing our opinions, not advice. If you want access to the stocks in our model portfolio with tracking, updates, and buy/sell guidance, please check out The GenWealth Report.
