Emerson Electric Co. (EMR): 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 up 0.3%. By the end of trading, Emerson Electric rose $0.71 (1.2%) to $60.49 on average volume. Throughout the day, 2,958,785 shares of Emerson Electric exchanged hands as compared to its average daily volume of 3,522,100 shares. The stock ranged in a price between $60.05-$60.55 after having opened the day at $60.13 as compared to the previous trading day's close of $59.78. Other companies within the Industrial industry that increased today were:
(
), up 13.6%,
Carpenter Technology Corporation
(
), up 8.4%,
(
), up 7.3% and
(
), up 7.0%.
Emerson Electric Co., a diversified technology company, engages in designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $43.0 billion and is part of the technology sector. Shares are up 12.9% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 16 rate it a hold.
TheStreet Ratings rates
Emerson Electric
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Emerson Electric Ratings Report.
On the negative front,
(
), down 10.3%,
China Recycling Energy Corporation
(
), down 6.1%,
(
), down 6.1% and
(
), down 5.9%.
- 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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