The commercial services and supplies sector is more than just janitors and cleaning services. This industry also includes businesses that provide goods, services, and software to other companies in these industries as well as to other business users. These stocks have underperformed the S&P 500 index for the last five years, partially because of volatile demand for industrial and construction-related goods and cautious consumer and tight spending due to uncertain economic conditions. However, many analysts expect this segment to outperform in the next 12 months as global growth accelerates and business optimism improves. Here are some of the best stocks to invest in now if you’re bullish on this sector.
Tetra Tech (TTEK)
Tetra Tech, Inc. is a construction and engineering services company. The Company’s segments include Water, Energy and Environment, Infrastructure, and Industrial Services. The Water segment designs and builds water infrastructure and treatment facilities. The Energy and Environment segment provides environmental, technical, and engineering services; and wastewater treatment. The Infrastructure segment focuses on transportation, water, energy, and other public infrastructure projects. The Industrial Services segment provides construction services to industries such as chemicals, metals, food and beverage, and pulp and paper. Tetra Tech, Inc. has a market cap of $6.3 billion and an average analyst rating of Strong Buy. The stock has a dividend yield of 1.76% and an average daily volume of 4.2 million shares. TTEK has a 52-week low of $20.50 and a 52-week high of $39.21.
The Brink’s Company (BCO)
The Brink’s Company is a security company that provides cash management, supply chain management, and risk management services. The Company operates through two segments: Brink’s Global Operations and Brink’s Secure Transformation (BST). Brink’s Global Operations segment provides cash management and secure logistics services. BST provides security transformation services, such as cyber security, investigations, training, and identity management. The Brink’s Company has a market cap of $4.8 billion and an average analyst rating of Buy. The stock trades with a dividend yield of 1.62% and an average daily volume of 7.7 million shares. BCO has a 52-week low of $22.30 and a 52-week high of $32.90.
Brady (BRC)
Brady Corporation designs, manufacture, and sells scales, instruments, and other weighing products. The coCompany’scales and instruments segment offers retail and industrial scales, computers, software, and scales, tools, and systems, and scales, instruments, and techniques for the health methods process industries. Its health care and process industries segment provides scales and devices for the medical, pharmaceutical, food and beverage, chemicals, energy, and other industries. Brady Corporation has a market cap of $4.5 billion and an average analyst rating of Buy. The stock has a dividend yield of 1.14% and an average daily volume of 1.1 million shares. BRC has a 52-week low of $32.00 and a 52-week high of $53.10.
IAA, Inc. (IAA)
IAA, Inc. is a security services company. The Company’s servicesCompany’scash management, transportation and logistics, supply chain management, and risk management. Their services include cash management, transportation and logistics, supply chain, and risk management.IAA, Inc. has a market cap of $1.0 billion and an average analyst rating of Buy. The stock trades with a dividend yield of 1.62% and an average daily volume of 1.4 million shares. IAA has a 52-week low of $36.44 and a 52-week high of $45.31.
Conclusion
This article has explored the commercial services and supplies sector, as well as three stocks that are thriving within this industry. This sector includes businesses that provide goods, services, and software to other companies in these industries and other business users. Many analysts expect this segment to outperform in the next 12 months as global growth accelerates and business optimism improves. So if you are bullish on this sector, you may consider investing in one of these stocks.
