WillScot, Karat Packaging and Owens Corning Face Caution Despite Industrials Rally

An investor note published May 13, 2026, flagged WillScot Mobile Mini (WSC), Karat Packaging (KRT) and Owens Corning (OC) as industrial stocks to avoid, citing company-specific concerns despite a broader sector rally. Industrials gained 17.5% in the six months through May 13, 2026, outperforming the S&P 500 by 10.4 percentage points as lower interest rates supported capital spending. WillScot, valued at $5.09 billion, traded at $28.73, or 20.5 times forward earnings. Karat Packaging, with a $560.4 million market value, traded at $28.12, implying 1.3 times trailing 12-month sales. Owens Corning, valued at $9.80 billion, traded at $121.66, or 11.8 times forward earnings. The note argued that sector strength does not uniformly benefit all industrial companies, especially if demand weakens in a downturn.