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Industrial Stocks Charge to Record Highs

Data released on Friday reveals gross domestic product grew at a much faster-than-expected pace of 4.1% last quarter.  This rapid rate of growth is giving a big boost to economically sensitive industrial stocks.  Of the 64 industrial names in the S&P 500, 21, or one-third,  are on track to close out the week in record territory.Industrial Stocks Charge to Record HighsTickerSecurityLastChange%Chg(NYSE:ITW)Illinois Tool Works Inc.82.130.310.38%(NYSE:FLS)Flowserve Corporation75.840.620.82%(NYSE:PH)Parker-Hannifin Corporation125.771.891.53%(NYSE:UPS)United Parcel Service, Inc. Class B103.760.580.56%(NYSE:EMR)Emerson Electric Co.69.420.761.11%(NASDAQ:CTAS)Cintas Corporation59.042.564.53%(NYSE:AME)AMETEK, Inc.52.130.761.48%(NYSE:MMM)3M Company137.180.770.56%(NYSE:ETN)Eaton Corp. Plc75.801.321.77%(NYSE:PCP)Precision Castparts Corp.267.803.911.48%(NYSE:PLL)Pall Corporation85.120.600.71%(NYSE:NSC)Norfolk Southern Corporation91.671.161.28%(NYSE:PNR)Pentair Ltd.75.700.811.08%(NYSE:CSX)CSX Corpora...

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