With supply chains shifting and more companies bringing production back to the U.S., reshoring is turning into a major investment theme.
Here’s a look at 10 stocks that are expected to benefit from the reshoring and manufacturing boom:
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Here are 3 of the top stocks that stand out the most from this list:
Stanley Black & Decker (SWK)
- Market Cap: $9 billion
- Industry: Machinery
- Analyst Upside: 42%
- P/E Ratio: 12.5
Company Overview: Stanley Black & Decker (SWK) is a global leader in tools and storage, known for brands like DEWALT, Craftsman, Black+Decker, and Stanley. The company also operates an industrial segment focused on engineered fastening and infrastructure solutions.
Business Strategy: SWK generates most of its revenue from professional and consumer power tools, hand tools, and outdoor equipment. The company is focused on streamlining operations, reshoring manufacturing, and investing in core brands to drive long-term profitability.
Recent Developments:
- Earnings & Profitability: Stanley Black & Decker has seen its margins start to recover after a tough 2023, with recent earnings showing improved cost controls and early benefits from supply chain restructuring.
- Business Growth Trends: The company is refocusing on its core Tools & Outdoor segment, with management aiming for mid-single-digit revenue growth and stronger free cash flow.
- Shareholder Returns: While the stock has underperformed the broader market, its valuation has become more attractive, and dividend investors still value its 5.3% dividend yield with 57 consecutive years of dividend growth.
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Nucor Corporation (NUE)
- Market Cap: $27 billion
- Industry: Metals and Mining
- Analyst Upside: 24%
- P/E Ratio: 12
Company Overview: Nucor Corporation (NYSE: NUE) is the largest steel producer in the U.S., operating through segments such as steel mills, steel products, and raw materials. Its well-known brands include Vulcraft and Harris Rebar.
Business Strategy: Nucor generates revenue by producing and selling steel products, including beams, bars, and plates, primarily through electric arc furnaces. The company focuses on expanding its steelmaking capabilities and entering steel-adjacent markets to enhance long-term growth and shareholder value.
Recent Developments:
- Earnings & Profitability: In Q1 2025, Nucor beat earnings expectations, supported by higher steel shipments and improved pricing in key markets.
- Business Growth Trends: Nucor is expanding into adjacent industries with acquisitions aimed at diversifying its revenue and reducing exposure to steel price cycles.
- Shareholder Returns: The company continues to reward shareholders, with steady dividends and significant share buybacks throughout 2024.
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Eaton Corporation (ETN)
- Market Cap: $115 billion
- Industry: Electrical Equipment
- Analyst Upside: 12%
- P/E Ratio: 24.3
Company Overview: Eaton Corporation is a global power management company that operates through segments including Electrical Americas, Electrical Global, Vehicle, Aerospace, and eMobility. The business offers solutions that help customers manage electrical, hydraulic, and mechanical power more efficiently and sustainably.
Business Strategy: Eaton makes money by providing energy-efficient products and systems across sectors like utilities, industrials, aerospace, and transportation. The company is focused on growth in electrification, renewables, and digital automation to capitalize on long-term global trends.
Recent Developments:
- Earnings & Profitability: Eaton’s 2024 results showed strong revenue and profit growth, with earnings up year-over-year thanks to higher demand and pricing.
- Business Growth Trends: The company continues expanding through acquisitions, including in aerospace and electrification, to strengthen its long-term growth profile.
- Shareholder Returns: Eaton remains a consistent dividend payer and is actively investing in sustainability, with goals to cut emissions and improve energy efficiency.
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TIKR Takeaway
As reshoring and the manufacturing boom continue to shape the economy, these companies are well-positioned to benefit from the trend.
Whether you’re looking for growth or stability, these stocks offer solid opportunities for investors as the U.S. manufacturing sector strengthens.
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
