) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods loser. The sector as a whole closed the day down 1.1%. By the end of trading, Eaton fell 32 cents (-0.8%) to $40.55 on light volume. Throughout the day, 1.3 million shares of Eaton exchanged hands as compared to its average daily volume of 4.5 million shares. The stock ranged in price between $40.52-$41.42 after having opened the day at $40.77 as compared to the previous trading day's close of $40.87. Other company's within the Industrial Goods sector that declined today were:

Energy Focus Inc



), down 16.7%,

THT Heat Transfer Technology Inc



), down 10.5%,

Asia Pacific Wire & Cable Corp



), down 9.7%, and

Asia Pacific Wire & Cable Corp



), down 9.7%.

Eaton Corporation operates as a power management company worldwide. Eaton has a market cap of $13.66 billion and is part of the


industry. The company has a P/E ratio of 11.1, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 19.5% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Eaton as a


. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front,

Wuhan General Group Inc



), up 12.5%,

China Development Group Corporation



), up 12.2%,

Avalon Holdings



), up 10.3%, and

American Defense Systems Inc



), up 8%, were all gainers within the industrial goods sector with

Raytheon Company



) being today's featured industrial goods sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider

Industrial Select Sector SPDR



) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30