In this morning’s edition of The Macro Show, Hedgeye Industrials analyst Jay Van Sciver breaks down the secular trends which impact industrial companies and subsectors.
“There’s a macro cycle on top of everything. But individual industries, particularly ones with long-life assets, can have secular changes or massive replacement cycles,” explains Van Sciver, as he explains the ways to take advantage of industrials stocks within your portfolio.
"If you can get the major long-term cycle right, you can get a lot of other things right. By getting the sector weighting right, then the individual names right, you can create significant alpha. And that’s how you take advantage of industrials.”