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 Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.6%. By the end of trading, Chicago Bridge & Iron Company fell $1.27 (-2.1%) to $59.45 on average volume. Throughout the day, 1,256,446 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1,441,400 shares. The stock ranged in price between $59.28-$60.86 after having opened the day at $60.59 as compared to the previous trading day's close of $60.72. Other companies within the Industrial Goods sector that declined today were:
), down 31.1%,
), down 6.3%,
), down 5.6% and
), down 5.3%.
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Chicago Bridge & Iron Company N.V., an energy infrastructure focused company, provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to customers in the energy, petrochemical, and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $6.5 billion and is part of the materials & construction industry. Shares are up 31.0% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Chicago Bridge & Iron Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Chicago Bridge & Iron Company
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Chicago Bridge & Iron Company Ratings Report.
On the positive front,
), up 16.7%,
), up 14.9%,
), up 12.8% and
), up 7.4% , were all gainers within the industrial goods sector with
) being today's featured industrial goods sector leader.
- Use our industrial goods section to find sector-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 goods sector could consider
) while those bearish on the industrial goods sector could consider
- Find other investment ideas from our top rated ETFs lists.