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We have narrowed our search to five manufacturing stocks with strong potential for 2024. These are: ETN, CR, PH, HUBB, IEX.

Crane Company (CR) Q4 2023 Earnings Call Transcript

Crane (CR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Discussing the highly ranked industrial products stocks on the Zacks Rank #1 (Strong Buy) list is a worthy topic and here are two that look poised to reach higher highs and should be meaningful investments heading into the new year.

Crane reported strong quarterly results and boosted its full-year estimate. In a time when some manufacturers are facing uncertainty, Crane's aerospace arm is set up to perform well.

STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) announces the following schedule and teleconference information for its third quarter 2023 earnings release: Earnings Release: October 23, 2023 after close of market by public distribution and the Crane Company website at www.craneco.com. Teleconference: October 24, 2023 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, and Richard A. Maue, Executive Vice President & CFO. The call can be accessed in a listen-only.

Crane management has set out a bold vision for remaking this company now that it has split from Crane NXT and is purely focused on industrial and aerospace markets. Pivoting the Process Flow business toward higher-growth markets like hydrogen, advanced sustainable materials, biopharma, and automation makes a great deal of sense. The plans for the Aerospace & Electronics business seem more like "keep executing on a good business", and that should be fine, particularly with the tailwind of increased aircraft production.

CCAP, CR, STIX, BMI and ON have been added to the Zacks Rank #1 (Strong Buy) List on September 7, 2023.

CR, CVLG and TITN made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 7, 2023.

Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Crane (CR) or Epiroc Aktiebolag Unsponsored ADR (EPOKY). But which of these two stocks presents investors with the better value opportunity right now?