4. Cummins ( CMI)

Company profile: Cummins, with a market value of $17 billion, designs, manufactures, distributes and services diesel and natural gas engines and engine-related component products worldwide.

Dividend Yield: 1.67%

Investor takeaway: Its shares are down 0.4% this year but have a 10-year average annual return of 29%. S&P's year-end price target is $152, a 44% premium to the current price. Analysts give its shares six "buy" ratings, three "weak holds," and nine "holds," according to a survey of analysts by S&P.

3. Textron ( TXT)

Company profile: Textron, with a market value of $7 billion, is an aerospace and industrial conglomerate that makes Cessna business jets, Bell helicopters, and industrial and military equipment and components. It also operates a commercial finance company.

Dividend Yield: 0.3%

Investor takeaway: Its shares are up 37% this year and have a three-year, average annual return of 31%. Analysts give its shares seven "buy" ratings, four "buy/holds," and six "holds," according to a survey of analysts by S&P. S&P has a $39 price target on it, which is a 50% premium to the current price.

2. United Rentals ( URI)

Company profile: United Rentals, with a market value of $2.9 billion, is the largest equipment rental company in the world, with over 500 rental locations in North America.

Dividend Yield: N/A

Investor takeaway: Its shares are down 4.6% this year but have a three-year, average annual return of 60%. Analysts give its shares seven "buy" ratings, six "buy/holds," and two "holds," according to a survey of analysts by S&P.

S&P has a $52 price target on its shares, which is a 68% premium to the current price and says that "given the tenuousness of the current recovery, many companies are opting to rent equipment, which is driving increased demand (for rentals) even without a booming economy."

1. Kelly Services ( KELYA)

Dividend Yield: 1.7%

Company profile: Kelly, with a market value of $390 million, provides outsourcing, consulting and temporary hiring services.

Investor takeaway: Its shares are down 14% this year and have a three-year, average annual loss of 13%. Analysts give its shares four "buy" ratings and two "holds," according to a survey of analysts by S&P.

S&P has it rated "strong buy," with a $21 price target, a 78% premium to its current price. It says that Kelly should benefit from employers' cautious hiring practices, especially since "non-skilled temporary workers are the company's primary market." For 2012, analysts estimate it will earn $1.40 per share and that that will grow by 27% to $1.78 per share in 2013.

>>To see these stocks in action, visit the 8 Industrial Stocks With Big Upside Potential portfolio on Stockpickr.
Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

If you liked this article you might like

First Leg Down of United Tech; Hurricanes -- Jim Cramer's Top Thoughts

Tesla's New Semi Truck Ultimately Matters a Lot Less Than the Model 3

Cramer: Hurricanes Will Break the Decline of the Auto and Housing Industries

Look Out Tesla, Cummins Just Unveiled its New Electric Truck

Cummins Embarrasses Tesla by Unveiling This Monstrous New Electric Big Rig