A number of stocks fell in the morning session after the latest industrial production report showed slower-than-expected growth for July. Data from the Federal Reserve indicated that U.S. industrial production rose by 0.2%, which was half of the 0.4% increase that analysts polled by The Wall Street Journal had anticipated. While this marked the second consecutive month of growth, it represented a slowdown from the previous month's revised figures. Manufacturing output also saw a modest 0.2% incr

The consensus price target hints at a 27% upside potential for Columbus McKinnon (CMCO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

EDRY, CMCO and OPBK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 7th, 2026.

Columbus McKinnon (CMCO) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Great things are happening to the stocks in this article. They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.

Shares of material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) jumped 41.1% in the afternoon session after the company reported an impressive “beat and raise” second-quarter 2026 results that blew past Wall Street’s expectations.

Pro forma sales grew 10% and adjusted EBITDA margin expanded 300 basis points to 21%, but Q2 is expected to be the low point due to project phasing and soft European demand.

Columbus McKinnon (NASDAQ:CMCO) reported a first-quarter fiscal 2027 performance that management said exceeded expectations, aided by its first full quarter operating after the acquisition of Kito Crosby and the divestiture of its legacy U.S. Power Chain hoist and chain operations. President and Ch

The industrial technology company posted record orders and revenue following the Kito Crosby acquisition while lifting its fiscal 2027 outlook on stronger demand and integration progress. Key Investor TakeawaysColumbus McKinnon (NASDAQ:CMCO) increased its FY27 guidance after reporting stronger-than-expected first-quarter performance.

Material handling equipment manufacturer Columbus McKinnon (NASDAQ:CMCO) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 125% year on year to $531.5 million. Its non-GAAP profit of $0.61 per share was significantly above analysts’ consensus estimates.

Columbus McKinnon (CMCO) delivered earnings and revenue surprises of +117.86% and +7.30%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Whether you see them or not, industrials businesses play a crucial part in our daily activities. Sure, they are at the whim of macroeconomic factors that influence capital spending (like interest rates), but the industry has held its ground over the past six months as its 6.7% return was almost identical to the S&P 500.

While some companies burn cash to fuel expansion, others struggle to turn spending into sustainable growth. A high cash burn rate without a strong balance sheet can leave investors exposed to significant downside.

Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn’t mean it will thrive tomorrow.