Investing in Companies That Enhance the Flow of Goods
From Nasdaq:
The supply chain industry has undergone a dramatic transformation over the past 50 years. What was once a basic, practical field has become high-stakes business, with companies forced to make supply chain policies and structures transparent to meet the demands of increasingly discerning consumers.
One way to refresh your stock portfolio could be to invest in companies that provide the latest automation for warehouse and distribution centers, like Honeywell, whose stock has experienced significant growth recently.
As the demand for qualified supply chain professionals grows, recruitment firms like Pagegroup PLC, which has a dedicated supply chain division, present investment opportunities despite short-term declines in profits.
Companies that promote sustainable supply chains, such as Oracle, are becoming mainstream in response to consumer demands. Oracle’s offerings have experienced strong performance, reflected in its successful cloud services last quarter and overall share gains.
Investing in companies like SAP, whose Ariba offering assesses risks associated with suppliers and contributed to their 16% revenue growth in Q3, could also be wise. The firm has received positive recommendations from 13 analysts, reflecting its strength in the supply chain industry.
With the demand for companies that can provide sleek and highly visible supply chains continuing to grow, now may be the time to invest in enterprises that can fulfill these needs. As the industry continues to evolve, it makes sense to back firms that can help companies deliver goods with a seal of approval.
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