U.S. Capital Goods Strong Balance Sheet Stocks

Nextracker

Market Cap: US$10.8b

Provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally.

Powell Industries

Market Cap: US$3.5b

Designs, develops, manufactures, sells, and services custom-engineered equipment and systems.

ESCO Technologies

Market Cap: US$5.5b

Provides engineered filtration and fluid control products, and integrated propulsion systems.

Eve Holding

Market Cap: US$1.4b

Develops urban air mobility solutions in the United States.

Shoals Technologies Group

Market Cap: US$1.3b

Provides electrical balance of system (EBOS) solutions and components in the United States and internationally.

Miller Industries

Market Cap: US$446.8m

Manufactures and sells towing and recovery equipment.

RYTHM

Market Cap: US$75.5m

Provides solutions for the cannabis and hemp industry in the United States.

Orion Group Holdings

Market Cap: US$343.3m

Operates as a specialty construction company in the infrastructure, industrial, and building sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin.

Oshkosh

Market Cap: US$8.3b

Provides purpose-built vehicles and equipment worldwide.

PACCAR

Market Cap: US$50.9b

Designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally.

AirJoule Technologies

Market Cap: US$307.0m

Operates as an atmospheric renewable energy and water harvesting technology company.

XCHG

Market Cap: US$77.9m

Engages in designing, manufacturing, and selling of electric vehicle (EV) chargers under the X-Charge brand name in Europe, the People’s Republic of China, the United States, and internationally.

Matrix Service

Market Cap: US$367.4m

Provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally.

Zurn Elkay Water Solutions

Market Cap: US$7.7b

Engages in design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally.

Lincoln Electric Holdings

Market Cap: US$12.9b

Through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally.

W.W. Grainger

Market Cap: US$45.6b

Distributes maintenance, repair, and operating products and services primarily in North America, Japan, and the United Kingdom.

Douglas Dynamics

Market Cap: US$728.3m

Operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America.

Art's-Way Manufacturing

Market Cap: US$13.5m

Manufactures and sells agricultural equipment, and specialized modular science and agricultural buildings worldwide.

Amprius Technologies

Market Cap: US$1.4b

Develops, manufactures, and markets lithium-ion batteries for mobility applications.

Archer Aviation

Market Cap: US$6.3b

Designs and develops aircraft and related technologies and services in the United States and internationally.

EHang Holdings

Market Cap: US$1.3b

Operates as an urban air mobility (UAM) technology platform company in the People’s Republic of China, East Asia, West Asia, North America, South America, West Africa, and Europe.

Butler National

Market Cap: US$118.0m

Designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.

Lennox International

Market Cap: US$18.4b

Designs, manufactures, and markets products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally.

Voyager Technologies

Market Cap: US$1.8b

Operates as a defense technology and space solutions company in the United States, Europe, the Middle East, and internationally.

3D Systems

Market Cap: US$374.5m

Provides 3D printing and digital manufacturing solutions in North and South America, Europe, the Middle East, Africa, the Asia Pacific, and Oceania.

Nano Dimension

Market Cap: US$347.2m

Provides industrial manufacturing solutions for design-to-manufacturing of electronics and mechanical parts in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Astec Industries

Market Cap: US$1.1b

Designs, engineers, manufactures, markets, and services equipment and components used primarily in road building and related construction activities worldwide.

Palladyne AI

Market Cap: US$385.9m

A software company, focuses on delivering software that enhances the utility and functionality of third-party stationary and mobile robotic systems in the United States.

Pentair

Market Cap: US$17.9b

Provides various water solutions in the United States, Western Europe, China, Eastern Europe, Latin America, the Middle East, Southeast Asia, Australia, Canada, and Japan.

Ocean Power Technologies

Market Cap: US$100.7m

A maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia.

Tecogen

Market Cap: US$253.9m

Designs, manufactures, markets, and maintains cogeneration products for multi-family residential, commercial, recreational, and industrial use in the United States.

Simpson Manufacturing

Market Cap: US$7.3b

Through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections in North America, Europe, and the Asia Pacific.

Xos

Market Cap: US$24.4m

Designs, manufactures, and sells battery-electric commercial vehicles.

ITT

Market Cap: US$13.7b

Manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets.

Advanced Drainage Systems

Market Cap: US$10.7b

Designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally.

Kratos Defense & Security Solutions

Market Cap: US$14.2b

A technology company, provides technology, products, and system and software for the defense, national security, and commercial markets in the United States, other North America, the Asia Pacific, the Middle East, Europe, and Internationally.