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FLIR Systems

(

FLIR

) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day down 1.1%. By the end of trading, FLIR Systems fell $0.49 (-1.5%) to $31.28 on light volume. Throughout the day, 806,209 shares of FLIR Systems exchanged hands as compared to its average daily volume of 1,181,000 shares. The stock ranged in price between $31.26-$31.79 after having opened the day at $31.79 as compared to the previous trading day's close of $31.77. Other companies within the Aerospace/Defense industry that declined today were:

Frontline

(

FRO

), down 5.1%,

Esterline Technologies

(

ESL

), down 4.9%,

Astrotech Corporation

(

ASTC

), down 4.8% and

Ducommun

(

DCO

), down 3.6%.

FLIR Systems, Inc. designs, manufactures, and markets thermal imaging systems worldwide. The company operates in five segments: Thermal Vision & Measurement (TVM), Raymarine, Surveillance, Detection, and Integrated Systems. FLIR Systems has a market cap of $4.5 billion and is part of the industrial goods sector. Shares are up 41.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate FLIR Systems a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

FLIR Systems

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, solid stock price performance and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider

iShares DJ US Aerospace & Def Idx

(

ITA

) while those bearish on the aerospace/defense industry could consider

ProShares Short Dow 30

(

DOG

).

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