Ingersoll-Rand PLC (IR): Today's Featured Industrial Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Ingersoll-Rand (IR) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 1.5%. By the end of trading, Ingersoll-Rand rose 69 cents (1.5%) to $46.35 on heavy volume. Throughout the day, 4.5 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $45.82-$47.64 after having opened the day at $46.30 as compared to the previous trading day's close of $45.66. Other companies within the Industrial industry that increased today were: A123 Systems (AONE), up 64.7%, China Development Group Corporation (CTDC), up 8.3%, Manitowoc (MTW), up 6.2%, and China Ming Yang Wind Power Group (MY), up 4.7%.
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