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) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Boeing fell $2.97 (-2.2%) to $133.00 on heavy volume. Throughout the day, 7,149,364 shares of Boeing exchanged hands as compared to its average daily volume of 4,356,900 shares. The stock ranged in price between $130.58-$134.86 after having opened the day at $134.01 as compared to the previous trading day's close of $135.97. Another company within the Aerospace/Defense industry that decreased today was

TAT Technologies



), down 2.1%.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $99.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7. Shares are up 80.4% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Boeing a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates


as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front,

Astrotech Corporation



), up 2.8%,


TheStreet Recommends



), up 2.3% and

TransDigm Group



), up 2.0% , were all gainers within the aerospace/defense industry with




) being today's featured aerospace/defense industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider

iShares DJ US Aerospace & Def Idx



) while those bearish on the aerospace/defense industry could consider

ProShares Short Dow 30




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