Caterpillar, Deere, and More Industrial Stocks Ready to Break Out

Stocks in the industrial sector have been on a tear. In aggregate, they are knocking on the door of reaching new heights.

The Industrial Select Sector SPDR ETF (ticker:


XLI


), home to


Caterpillar


(CAT),


Deere


(DE),


Honeywell International


(HON),


Boeing


(BA), and others, is up 24% from its lowest close of the year, hit in late September. At $102 a share, the fund could be about to surpass its all-time high of about $107, hit in November, 2021.