NEW YORK ( TheStreet) -- PACCAR (PCAR - Get Report), Kennametal (KMT - Get Report), Caterpillar (CAT - Get Report) and Illinois Tool Works (ITW - Get Report) are four manufacturing companies that reported positive quarterly earnings. On average, analysts expect their shares to rise between 12% to 17%.The rebound in industrial activity across major economies will benefit these equipment makers in the coming months. Industrial production rose 0.8% month-over-month in December in the U.S., 1.3% in Europe, 2.7% in India, 1.5% in China and 3.1% in Japan. These increases indicated demand should rise for these mining equipment manufacturers.
4 Manufacturing Stocks to Watch
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