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Deere & Co (DE): Today's Featured Industrial Loser

Deere ( DE) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day up 0.4%. By the end of trading, Deere fell 84 cents (-1.1%) to $75.94 on heavy volume. Throughout the day, six million shares of Deere exchanged hands as compared to its average daily volume of 3.6 million shares. The stock ranged in price between $74.14-$76.76 after having opened the day at $75.44 as compared to the previous trading day's close of $76.78. Other company's within the Industrial industry that declined today were: Ecotality ( ECTY), down 10.3%, A123 Systems ( AONE), down 9.4%, Capstone Turbine Corporation ( CPST), down 4.6%, and Gencor Industries ( GENC), down 4.5%.

Deere & Company provides products and services primarily for agriculture and forestry worldwide. Deere has a market cap of $30.82 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.7, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Monday. Currently there are eight analysts that rate Deere a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity and compelling growth in net income. 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, Fuel Tech ( FTEK), up 17.9%, China Development Group Corporation ( CTDC), up 11.8%, Proto Labs ( PRLB), up 10.6%, and Franklin Electric ( FELE), up 6.8%, were all gainers within the industrial industry with Eaton ( ETN) being today's featured industrial industry winner.

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).

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