Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.6%. By the end of trading, Eaton Corporation rose $1.27 (2.2%) to $58.16 on average volume. Throughout the day, 3,758,520 shares of Eaton Corporation exchanged hands as compared to its average daily volume of 3,577,800 shares. The stock ranged in a price between $56.98-$58.60 after having opened the day at $57.01 as compared to the previous trading day's close of $56.89. Other companies within the Industrial Goods sector that increased today were:
), up 11.2%,
), up 9.4%,
), up 9.3% and
), up 8.8%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Eaton Corporation plc operates as a diversified power management company worldwide. The company operates through Electrical Americas, Electrical Rest of World, Cooper, Hydraulics, Aerospace, Truck, and Automotive segments. Eaton Corporation has a market cap of $26.9 billion and is part of the industrial industry. The company has a P/E ratio of 16.5, below the S&P 500 P/E ratio of 17.7. Shares are up 5.0% year to date as of the close of trading on Monday.
TheStreet Ratings rates Eaton Corporation as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Eaton Corporation Ratings Report.
On the negative front,
), down 7.7%,
), down 6.8%,
), down 6.4% and
), down 5.8%.
- 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.
Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.