Caterpillar, Deere, and More Industrial Stocks Ready to Break Out

Stocks in the industrial sector have been on a tear. In aggregate, they are knocking on the door of reaching new heights.

The Industrial Select Sector SPDR ETF (ticker:

XLI

), home to

Caterpillar

(CAT),

Deere

(DE),

Honeywell International

(HON),

Boeing

(BA), and others, is up 24% from its lowest close of the year, hit in late September. At $102 a share, the fund could be about to surpass its all-time high of about $107, hit in November, 2021.