by Fred Fuld III
Are you looking for a unique way to celebrate labor day? How about investing in stocks of companies based in the United States, and has their manufacturing in the US also.
Unfortunately, there are not many to pick from, but there are a few which do most or all of their manufacturing domestically.
Weber Inc. (WEBR) manufactures all but one of their latest models in Palatine, Illinois. All non-gas Weber grills are assembled at the company’s headquarters in Palatine, Illinois, but globally sourced components are used. The stock just went public a month ago.
Thor Industries, Inc. (THO) makes Airstream Trailers at the company’s plant in Jackson Center, Ohio. The stock has a price to earnings ratio of 12 and offers a dividend yield of 1.43%.
Herman Miller, Inc. (MLHR) makes its high quality furniture in Zeeland, Michigan. The stock has a P/E ratio of 15 and pays a yield of 1.76%.
Smith & Wesson Brands, Inc. (SWBI) has manufacturing facilities at its headquarters i Springfield, Massachusetts as well as Maine and Tennessee. The stock trades at four times earnings and sports a yield of 1.45%.
Harley-Davidson, Inc. (HOG) based in Milwaukee, does almost all of its manufacturing in the U.S. with a very small amount of production overseas. The stock has a P/E of 12 and yields 1.53%.
Intel (INTC) currently produces more than 75 percent of its microprocessors in the U.S. The stock trades at 12 times earnings and pays a yield of 2.6%.
Surprisingly, or maybe not surprisingly, almost all these companies pay a dividend. Go USA!
Disclosure: Author owns SWBI and HOG.
