A.O. Smith Corporation (AOS): Today's Featured Industrial Winner
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.
(
) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.5%. By the end of trading, A.O. Smith Corporation rose $1.01 (2.5%) to $41.21 on heavy volume. Throughout the day, 1,867,855 shares of A.O. Smith Corporation exchanged hands as compared to its average daily volume of 783,900 shares. The stock ranged in a price between $40.78-$43.54 after having opened the day at $42.00 as compared to the previous trading day's close of $40.20. Other companies within the Industrial industry that increased today were:
(
), up 49.2%,
Asia Pacific Wire & Cable Corp
(
), up 10.9%,
(
), up 8.2% and
(
), up 5.5%.
A. O. Smith Corporation engages in the manufacture and sale of water heaters and boilers to the residential and commercial markets primarily in the United States, Canada, Europe, India, and China. The company operates in two segments, North America and Rest of World. A.O. Smith Corporation has a market cap of $3.2 billion and is part of the industrial goods sector. Shares are up 27.2% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate A.O. Smith Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
A.O. Smith Corporation
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full A.O. Smith Corporation Ratings Report.
On the negative front,
(
), down 17.9%,
China Recycling Energy Corporation
(
), down 6.8%,
(
), down 5.4% and
(
), down 5.2% , were all laggards within the industrial industry with
(
) 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
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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