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CNH Global NV (CNH): Today's Featured Industrial Goods Loser

CNH Global (CNH) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods loser. The sector as a whole closed the day up 0.3%. By the end of trading, CNH Global fell 74 cents (-1.7%) to $43.68 on heavy volume. Throughout the day, 813,895 shares of CNH Global exchanged hands as compared to its average daily volume of 474,300 shares. The stock ranged in price between $43.59-$45.59 after having opened the day at $45.19 as compared to the previous trading day's close of $44.42. Other company's within the Industrial Goods sector that declined today were: Clean Diesel Technologies (CDTI), down 20.1%, Flow International Corporation (FLOW), down 11.8%, MYR Group (MYRG), down 11.1%, and Goldfield (GV), down 10.6%.

CNH Global N.V. manufactures, markets, and distributes a line of agricultural and construction equipment and parts worldwide. It operates in three segments: Agricultural Equipment, Construction Equipment, and Financial Services. CNH Global has a market cap of $11.04 billion and is part of the industrial industry. The company has a P/E ratio of 10.5, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 23.4% year to date as of the close of trading on Wednesday. Currently there are four analysts that rate CNH Global a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates CNH Global as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front, Guanwei Recycling (GPRC), up 19.5%, Highpower International (HPJ), up 12.8%, P & F Industries (PFIN), up 11.4%, and United States Lime & Minerals (USLM), up 9.4%, were all gainers within the industrial goods sector with Cemex S.A.B. de C.V (CX) being today's featured industrial goods sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR (XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 (DOG).

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