NEW YORK ( TheStreet) -- It was a tale of two markets in 2010 for investors in U.S. industrial companies. The first six months of the year were characterized by volatility as investors worried about the possibility of a double-dip recession. Industrials rallied in the second half, however, as evidence of a broad and sustained global economic recovery mounted. "Absent an unforeseen upset, we expect the U.S. will experience a self-sustaining, albeit slower than normal, recovery in 2011 that should continue to favor specific industrial companies," says Rob McIver, co-manager of the Jensen Portfolio ( JENSX). "In keeping with our forecast of economic recovery, the industrial sector should be one of the beneficiaries in the upturn which is why industrial stocks -- especially construction and mining equipment makers -- are among the largest holdings in our portfolio," says Herb Chen, portfolio manager of the Huntington Growth Fund ( HGWIX) . TheStreet searched for 2011's most intriguing industrial stocks with McIver and Chen.
Emerson Electric ( EMR) Incorporated in 1890, Emerson designs and manufactures a broad range of electrical products and systems for the commercial, industrial and consumer markets, generating nearly $21 billion in sales last fiscal year. Foreign sales make up more than 57% of revenue. A cash-generating machine, the company uses its cash to make acquisitions, buy back shares and increase its dividend, which it has done for 54 consecutive years. The stock currently yields 2.4%. "As a total solutions provider, the company plays an important role in helping its worldwide customers become more energy efficient. Over 75% of Emerson's business is tied to infrastructure build-out around the globe and we believe that demand from both developed and developing economies will continue to benefit the company," says Jensen's McIver.