Textron Inc (TXT): Today's Featured Aerospace/Defense Winner

Textron (TXT) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.2%. By the end of trading, Textron rose 40 cents (1.6%) to $25.89 on average volume. Throughout the day, 2.9 million shares of Textron exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $25.32-$26.18 after having opened the day at $25.41 as compared to the previous trading day's close of $25.49. Other companies within the Aerospace/Defense industry that increased today were: AAR (AIR), up 5.6%, Smith & Wesson Holding Corporation (SWHC), up 5.2%, Sturm Ruger & Company (RGR), up 3.9%, and Huntington Ingalls Industries (HII), up 2.4%.

• ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. Its Cessna segment manufactures business jets, single engine utility turboprops, single engine piston aircraft, lift solutions, and parts, as well as maintenance, inspection, and repair services. Textron has a market cap of $6.93 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.5, above the average aerospace/defense industry P/E ratio of 21.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 37.9% year to date as of the close of trading on Tuesday. Currently there are seven analysts that rate Textron a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Textron as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance 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.

• You can view the full Textron Ratings Report.

On the negative front, Elbit Systems (ESLT), down 2.7%, Edac Technologies Corporation (EDAC), down 2.5%, BE Aerospace (BEAV), down 1.8%, and Embraer S.A (ERJ), down 1.8%, were all losers within the aerospace/defense industry with General Dynamics (GD) being today's aerospace/defense industry loser.

• Use our aerospace/defense 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 aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx (ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 (DOG).

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

For more information on Textron Inc click any of the following:

• Textron Inc Stock Price

• Textron Inc Analyst Ratings

• Textron Inc Key Stats & Profile

• Textron Inc Earnings

• Textron Inc Ratio Comparison

• Textron Inc Growth Rates

• Textron Inc Balance Sheet

• Textron Inc Cash Flow

• Textron Inc Income Statement