Forget Middleby, Buy These 4 Rising Industrial Stocks for 2025

Year 2024 has not been a smooth one for The Middleby Corporation (MIDD) . The leading manufacturer of kitchen equipment and foodservice provider has been experiencing business challenges due to the weakness in the Residential Kitchen Equipment Group and Commercial Foodservice Equipment Group segments, high debt level, and forex woes.Middleby, which has a market capitalization of $7.3 billion, surpassed earnings estimates twice in the four trailing quarters and missed the mark in other two, the average surpr ...