This article first appeared on GuruFocus. UBS has highlighted 10 industrial companies it sees as positioned for a broader capital-spending cycle, with manufacturing, transportation, defense and construction among the areas expected to gain from improving investment conditions. The list includes Lockheed Martin (NYSE:LMT), United Airlines (UAL), C.H. Robinson Worldwide (NASDAQ:CHRW), BorgWarner (BWA), UL Solutions (ULS), Solstice Advanced Materials (SOLS), Eaton (ETN), Advanced Drainage Systems (NYSE:WMS), United Rentals (URI) and Packaging Corp. of America (PKG), according to a Wednesday report. Warning! GuruFocus has detected 3 Warning Signs with LMT. Is LMT fairly valued? Test your thesis with our free DCF calculator.
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