3 Reasons to Avoid AIT and 1 Stock to Buy Instead

Since May 2021, the S&P 500 has delivered a total return of 75.6%. But one standout stock has more than doubled the market - over the past five years, Applied Industrial has surged 196% to $310.45 per share. Its momentum hasn’t stopped as it’s also gained 19.5% in the last six months thanks to its solid quarterly results, beating the S&P by 11.8%.