Berry Global Group, Inc. BERY stands to benefit from strength in its consumer businesses across food and beverage end markets. Solid momentum across the company’s healthcare end market along with recovery in construction, food service, and industrial products end markets is also likely to drive its performance in the quarters ahead. For fiscal 2021 (ended September 2021, results are awaited), it anticipates overall organic sales to grow 5% year over year.The company’s acquired business of RPC Group (July 2019) has enriched its growth opportunities in the plastic and recycled packaging industry. Its investments in the latest equipment technologies, advantaged film development, and design for circularity are likely to enhance its competency. Its focus on improving operational productivity and partnerships across the value chain is also likely to be beneficial.Reduction of debt also remains one of its priorities. In the first three quarters of fiscal 2021 (ended Jul 3, 2021), the company repaid long-term debt of $3,287 million.However, BERY has been experiencing escalating costs and expenses over time. Its cost of sales jumped 28.1% and 34.2% in fiscal 2020 (ended September 2020) and third-quarter fiscal 2021 (ended Jul 3, 2021), respectively. Also, in fiscal 2020 and third-quarter fiscal 2021, its selling, general and administrative expenses increased 45.8% and 4.5%, respectively.Berry Global’s high-debt profile poses a concern. In the last five fiscal years (2016-2020), its long-term debt rose 12.2% (CAGR). Its long-term debt balance (including the current portion) remained high at $9,694 million exiting the third-quarter fiscal 2021. Any further increase in debt levels can raise the company’s financial obligations.Image Source: Zacks Investment ResearchIn the past three months, this Zacks Rank #3 (Hold) stock has returned 5.9% compared with the industry’s growth of 2.8%.Key PicksSome better-ranked companies from the Zacks Industrial Products sector are discussed below.SPX FLOW, Inc. FLOW presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Its earnings surprise in the last four quarters was 40.42%, on average.In the past 30 days, SPX FLOW’s earnings estimates have increased 8% for 2021 and 17.9% for 2022. Its shares have gained 2.6% in the past three months.AZZ Inc. AZZ presently carries a Zacks Rank #2. Its earnings surprise in the last four quarters was 25.47%, on average.AZZ’s earnings estimates have increased 2% for fiscal 2022 (ending February 2022) and 5.1% for fiscal 2023 (ending February 2023) in the past 30 days. Its shares have gained 7.5% in the past three months.Franklin Electric Co., Inc. FELE presently carries a Zacks Rank #2. Its average earnings surprise in the last four quarters was 16.27%.Franklin Electric’s earnings estimates have increased 1% for 2021 and 1.5% for 2022 in the past 30 days. Its shares have gained 13.3% in the past three months. Zacks' Top Picks to Cash in on Artificial Intelligence In 2021, this world-changing technology is projected to generate $327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban says AI will create "the world's first trillionaires." Zacks' urgent special report reveals 3 AI picks investors need to know about today.See 3 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AZZ Inc. (AZZ): Free Stock Analysis Report SPX FLOW, Inc. (FLOW): Free Stock Analysis Report Berry Global Group, Inc. (BERY): Free Stock Analysis Report Franklin Electric Co., Inc. (FELE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research