This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Ballard Power Systems Inc. (BLDP): Today's Featured Industrial Goods Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Ballard Power Systems ( BLDP) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 1.1%. By the end of trading, Ballard Power Systems fell $0.43 (-8.3%) to $4.76 on heavy volume. Throughout the day, 13,728,110 shares of Ballard Power Systems exchanged hands as compared to its average daily volume of 8,321,200 shares. The stock ranged in price between $4.74-$5.14 after having opened the day at $5.03 as compared to the previous trading day's close of $5.19. Other companies within the Industrial Goods sector that declined today were: India Globalization Capital ( IGC), down 12.4%, China BAK Battery ( CBAK), down 12.1%, MagneGas Corporation ( MNGA), down 8.7% and THT Heat Transfer Technology ( THTI), down 7.1%.

Ballard Power Systems Inc. engages in the development and commercialization of proton exchange membrane fuel cells worldwide. Ballard Power Systems has a market cap of $626.7 million and is part of the industrial industry. Shares are up 242.6% year to date as of the close of trading on Monday. Currently there are no analysts that rate Ballard Power Systems a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Ballard Power Systems as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow.

On the positive front, Adept Technology ( ADEP), up 15.7%, Highpower International ( HPJ), up 12.9%, JinkoSolar ( JKS), up 8.5% and Preformed Line Products Company ( PLPC), up 8.4% , were all gainers within the industrial goods sector with Fluor Corporation ( FLR) being today's featured industrial goods sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs