Caterpillar, Deere and more industrial stocks poised to break out

Stocks in the industrial sector were in tears. Overall, they are knocking on the door to reach new heights.

ETF SPDR Industry Options (ticker:

XLI

), home

caterpillars

(CAT),

Deere

(DE),

International Honeywell

(HON),

Boeing airplanes

(BA) and others, are up 24% from their lowest close for the year, reached at the end of September. At $102 a share, the fund could be on the verge of surpassing an all-time high. is around $107, reached in November 2021.