S&P 500 Industrial Sector SPDR (XLI)

It’s time to start looking at the other 10 sectors of the S&P 500 to see what looks most likely to pick up the slack if and when the artificial intelligence (AI) trade finally loses steam.

Rockwell Automation has outperformed its industry peers recently, and analysts remain moderately optimistic about the stock’s prospects.

Ingersoll Rand has underperformed other industrial stocks, and analysts remain somewhat bullish about the stock’s outlook.

Although AMETEK has lagged behind its peers over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

L3Harris has underperformed the industrial sector lately, but Wall Street remains optimistic about the stock.

Old Dominion Freight has rallied the industrials sector, and analysts remain somewhat optimistic about the stock’s outlook.

Although Johnson Controls has outpaced the industrial sector over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.

While Copart has trailed its industry peers over the past year, Wall Street is moderately bullish in its future growth potential.

FedEx has outpaced its sector peers recently, and analysts remain moderately optimistic about the stock’s prospects.

FedEx is expected to announce its sixth consecutive dividend hike with Q4 results scheduled on 23 June.