Raytheon Company (RTN): Today's Featured Industrial Goods Winner

Raytheon Company (RTN) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.6%. By the end of trading, Raytheon Company rose 83 cents (1.5%) to $55.10 on average volume. Throughout the day, 2.1 million shares of Raytheon Company exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in a price between $54.29-$55.15 after having opened the day at $54.49 as compared to the previous trading day's close of $54.27. Other companies within the Industrial Goods sector that increased today were: Ecotality (ECTY), up 34.9%, Valence Technology (VLNC), up 20%, Broadwind Energy (BWEN), up 11.5%, and Manitex International (MNTX), up 10.4%.

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Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $18.07 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 9.8, equal to the average aerospace/defense industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 12.2% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Raytheon Company a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

• You can view the full Raytheon Ratings Report.

On the negative front, China Valves Technology (CVVT), down 8.1%, Cleantech Solutions International (CLNT), down 6.7%, ZBB Energy Corporation (ZBB), down 6.3%, and Nobility Homes (NOBH), down 6.1%, were all losers within the industrial goods sector with Mohawk Industries (MHK) being today's industrial goods sector loser.

• Use our industrial goods section to find sector-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 goods sector could consider Industrial Select Sector SPDR (XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 (DOG).

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

For more information on Raytheon Company click any of the following:

• Raytheon Company Stock Price

• Raytheon Company Analyst Ratings

• Raytheon Company Key Stats & Profile

• Raytheon Company Earnings

• Raytheon Company Ratio Comparison

• Raytheon Company Growth Rates

• Raytheon Company Balance Sheet

• Raytheon Company Cash Flow

• Raytheon Company Income Statement