Emerson Electric

(

EMR

) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 4%. By the end of trading, Emerson Electric rose $2.03 (4.3%) to $49.14 on average volume. Throughout the day, 4.7 million shares of Emerson Electric exchanged hands as compared to its average daily volume of six million shares. The stock ranged in a price between $48.49-$49.53 after having opened the day at $48.50 as compared to the previous trading day's close of $47.11. Other companies within the Industrial industry that increased today were:

THT Heat Transfer Technology Inc

(

THTI

), up 13.5%,

Asia Pacific Wire & Cable Corp

(

AWRCF

), up 13.5%,

Asia Pacific Wire & Cable Corp

(

APWC

), up 13.5%, and

Energy Recovery Inc

(

ERII

), up 11.9%.

Emerson Electric Co. operates as a diversified manufacturing and technology company. The company engages in appliance solutions, climate technologies, industrial automation, motor technology, network power, process management, professional tools, and storage solutions businesses. Emerson Electric has a market cap of $35.98 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 14.5, below the average industrial industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7. Shares are down 17.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates Emerson Electric as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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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