12 Industrial Stocks That Could Be Good Buys Right Now

Industrial stocks occupy multiple sectors of the vast global economy and offer equally vast opportunities to grow wealth over time with investments in strong companies with good records and reasons to expect more looking forward.

Here are 12 to consider now. These stocks are in various sectors, but each has a history of outperforming the S&P 500 for at least 10 years in total return, which combines share price and dividends.

5 Stocks Under $49

Presented by Motley Fool Stock Advisor

We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.

Tesla (NASDAQ:TSLA) isn't just about making electric cars. Electricity generation and storage systems are big parts of this company's sustainable energy play.

Tesla went public in 2010 and, since then, has returned an eye-popping 18,240% compared to 413.4% over the same time for the S&P 500. And that's without paying a dividend. Tesla stock was recently trading for about $846.65 a share.

ALSO READ: Investing in Electric Car Stocks

Duke Realty (NYSE:DRE) is a real estate investment trust (REIT) that operates millions of square feet of warehouse space in 19 markets across the country, serving a who’s who of logistics clients such as Amazon, Home Depot, and UPS.

Duke Realty was recently trading for about $53.10 a share and yielding about 2.08% after raising its dividend for eight straight years. It’s provided a total return of about 445% in the past 10 years compared to about 290% for the S&P 500.

STAG Industrial (NYSE:STAG) is a REIT that buys and operates single-tenant industrial properties across the country for a list of tenants that includes Amazon, FedEx, and XPO Logistics.

STAG stock is trading at about $38.96 a share and yielding about 3.72% after raising its dividend for nine years running. Its total return for the past 10 years is around 220% (compared to the S&P 500's approximately 290%).

ALSO READ: Investing in Industrial REITs

Cintas (NASDAQ:CTAS) is a supplier of uniforms, cleaning and restroom supplies, first aid and safety products, and safety courses. Cintas stock has recently been trading for about $372.17 per share and yielding about 1.00% after raising its dividend for 39 straight years. That's good for a total return of about 995% in the past 10 years (compared to the S&P 500's approximately 290%).

Generac (NYSE:GNRC) manufactures and distributes energy-storage and power-generation systems for residential, commercial, and industrial use. Generac stock has recently been trading for about $294.76 a share and has posted a total return of about 1,510% in the past 10 years (compared to the S&P 500's approximately 290%) -- and without paying a dividend.

5 Stocks Under $49

Presented by Motley Fool Stock Advisor

We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.

Nucor (NYSE:NUE) is the largest steel producer in the United States and the largest scrap recycler in North America. Nucor stock was recently trading at about $122.93 a share and yielding about 1.65%, with a record of 49 consecutive years of dividend increases. Total return for the past 10 years is about 277% (compared to the S&P 500's approximately 290%).

ALSO READ: Our Favorite Industrial Stock Picks for 2022 and Beyond

Prologis (NYSE:PLD) is the largest industrial REIT in the world, with a portfolio of more than 4,700 buildings in 19 countries. Prologis stock is trading at about $142.55 a share and yielding about 1.76% after raising its dividend for eight straight years. This stock has a total return of about 465% over the past 10 years (compared to the S&P 500's approximately 290%).

XPO Logistics (NYSE:XPO) is one of the world’s largest logistics companies, providing warehousing, distribution, brokerage, and less-than-truckload services in 18 countries. XPO stock recently traded at about $71.48 a share and has returned about 788% over the past 10 years -- without paying a current dividend (compared to the S&P 500's approximately 290%).

ALSO READ: XPO Logistics: 3 Things to Watch This Year

Casella Waste Systems (NASDAQ:CWST) provides solid waste collection, transfer, landfill, processing, and recycling services across the northeastern United States. Casella stock is trading at about $75.62 per share and has provided a total return of about 1,020% in the past 10 years without paying a dividend (compared to the S&P 500's approximately 290%).

Deere & Co. (NYSE:DE) manufactures and distributes vehicles and other machinery used in agriculture, construction, forestry, and turf care. Deere stock has been trading at about $369.10 a share and yielding about 1.10% after raising its dividend for the past two years. This stock's total return has been about 444% in the past 10 years (compared to the S&P 500's approximately 290%).

5 Stocks Under $49

Presented by Motley Fool Stock Advisor

We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.

Boeing (NYSE:BA) is a multinational designer and manufacturer of aircraft, rockets, missiles, satellites, rotorcraft, and telecommunications equipment. Boeing stock has been trading at about $209.03 a share and, despite not paying a dividend for the past two years, has a total return of about 237% over the past 10 years (compared to the S&P 500's approximately 290%).

ALSO READ: This 1 Chart Illustrates Why Boeing Is Going to Be Fine

A.O. Smith (NYSE:AOS) is America’s largest manufacturer and marketer of water heaters, serving residential and commercial markets and supplying water treatment products in Asian markets. A.O. Smith stock has been trading at about $71.20 per share and yielding about 1.58% after raising its dividend for 30 consecutive years. Its 10-year total return of about 601% well surpasses the 290% of the S&P 500 over that same period.

Buying and holding shares of stock in great companies has long been a great way to consistently pay off handsomely for those who choose well and show patience. These industrial stocks may just fill the bill.

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Marc Rapport owns Amazon. The Motley Fool owns and recommends Amazon, FedEx, Home Depot, Prologis, Stag Industrial, and Tesla. The Motley Fool recommends Cintas and XPO Logistics. The Motley Fool has a disclosure policy.