Dover Corporation

(

DOV

) 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:

Broadwind Energy Inc

(

BWEN

), up 32.4%,

Cleantech Solutions International Inc

(

CLNT

), up 14.2%,

China BAK Battery Inc

(

CBAK

), up 9.7%, and

IntriCon Corporation

(

IIN

), 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

industrial goods

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

buy

. 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.

On the negative front,

Wuhan General Group Inc

(

WUHN

), down 18.3%,

China Development Group Corporation

(

CTDC

), down 13.2%,

Capstone Turbine Corporation

(

CPST

), down 9.2%, and

China Recycling Energy Corporation

(

CREG

), down 9.1%, were all losers within the industrial industry with

General Electric

(

GE

) being today's industrial industry loser.

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

(

DIA

) while those bearish on the industrial industry could consider

ProShares UltraShort Industrials

(

SIJ

).

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