Dover Corporation (DOV): Today's Featured Industrial Winner
(
) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.8%. By the end of trading, Dover Corporation rose 61 cents (1.2%) to $51.87 on average volume. Throughout the day, 1.8 million shares of Dover Corporation exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in a price between $50.85-$52.01 after having opened the day at $51.32 as compared to the previous trading day's close of $51.26. Other companies within the Industrial industry that increased today were:
(
), up 32.4%,
Cleantech Solutions International Inc
(
), up 14.2%,
(
), up 9.7%, and
(
), up 8.7%.
Dover Corporation manufactures and sells industrial products and components, and consumables. The company operates in four segments: Industrial Products, Engineered Systems, Fluid Management, and Electronic Technologies. Dover Corporation has a market cap of $9.85 billion and is part of the
sector. The company has a P/E ratio of 11.9, below the average industrial industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 12.3% year to date as of the close of trading on Monday.
TheStreet Ratings rates Dover as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Dover Ratings Report.
On the negative front,
(
), down 18.3%,
China Development Group Corporation
(
), down 13.2%,
(
), down 9.2%, and
China Recycling Energy Corporation
(
), down 9.1%, were all losers within the industrial industry with
(
) being today's industrial industry loser.
- 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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