Harbin Electric Inc. (HRBN): Today's Featured Industrial Winner

The industrial industry closed the day down 3.6%. NF Energy Saving (NFEC), Hydrogenics Corporation (HYGS), China Ming Yang Wind Power Group (MY), and Material Sciences Corporation (MASC) were all winners today within the industrial industry with Harbin Electric Inc (HRBN) being today's featured industrial winner. Harbin Electric Inc rose 35 cents (1.6%) to $22.44 on average volume. Throughout the day, 1.5 million shares of Harbin Electric Inc exchanged hands as compared to its average daily volume of 1.8 million shares.

Harbin Electric, Inc., through its subsidiaries, engages in the design, development, manufacture, supply, and service of electric motors in the People's Republic of China and internationally. Harbin Electric Inc has a market cap of $692.5 million and is part of the industrial goods sector. The company has a P/E ratio of 11.8, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 27% year to date as of the close of trading on Friday.

TheStreet Ratings rates Harbin Electric as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full Harbin Electric Ratings Report.

On the negative front, Energy Focus Inc (EFOI), China Development Group Corporation (CTDC), Broadwind Energy Inc (BWEN), and Omega Flex Inc (OFLX) were all losers within the industrial industry with ABB (ABB) being today's industrial industry Loser Spotlight stock.

• Use our industrial section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average (DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials (SIJ).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Harbin Electric Inc. click any of the following:

• Harbin Electric Inc. Stock Price

• Harbin Electric Inc. Analyst Ratings

• Harbin Electric Inc. Key Stats & Profile

• Harbin Electric Inc. Earnings

• Harbin Electric Inc. Ratio Comparison

• Harbin Electric Inc. Growth Rates

• Harbin Electric Inc. Balance Sheet

• Harbin Electric Inc. Cash Flow

• Harbin Electric Inc. Income Statement