Mohawk Industries Inc. (MHK): Today's Featured Industrial Winner

Mohawk Industries (MHK) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.6%. By the end of trading, Mohawk Industries rose $1.71 (2.5%) to $71.55 on average volume. Throughout the day, 625,511 shares of Mohawk Industries exchanged hands as compared to its average daily volume of 578,600 shares. The stock ranged in a price between $69.65-$71.99 after having opened the day at $69.65 as compared to the previous trading day's close of $69.84. Other companies within the Industrial industry that increased today were: Tower International (TOWR), up 11%, JinkoSolar (JKS), up 9.9%, WSI Industries (WSCI), up 8.3%, and H&E Equipment Services (HEES), up 7.2%.

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Mohawk Industries, Inc., together with its subsidiaries, engages in the production and sale of floor covering products for residential and commercial markets for remodeling and new construction primarily in the United States and Europe. Mohawk Industries has a market cap of $4.55 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.9, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Friday. Currently there are four analysts that rate Mohawk Industries a buy, one analyst rates it a sell, and five rate it a hold.

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

• You can view the full Mohawk Ratings Report.

On the negative front, China Development Group Corporation (CTDC), down 10.8%, CVD Equipment Corporation (CVV), down 8.2%, A123 Systems (AONE), down 7.7%, and Highway Holdings (HIHO), down 5.8%, were all laggards within the industrial industry with Danaher Corporation (DHR) being today's industrial industry laggard.

• 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 Mohawk Industries Inc. click any of the following:

• Mohawk Industries Inc. Stock Price

• Mohawk Industries Inc. Analyst Ratings

• Mohawk Industries Inc. Key Stats & Profile

• Mohawk Industries Inc. Earnings

• Mohawk Industries Inc. Ratio Comparison

• Mohawk Industries Inc. Growth Rates

• Mohawk Industries Inc. Balance Sheet

• Mohawk Industries Inc. Cash Flow

• Mohawk Industries Inc. Income Statement