General Dynamics

(

GD

) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods loser. The sector as a whole closed the day up 0.2%. By the end of trading, General Dynamics fell $1.27 (-2%) to $63.34 on average volume. Throughout the day, two million shares of General Dynamics exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $62.77-$64.62 after having opened the day at $64.12 as compared to the previous trading day's close of $64.61. Other company's within the Industrial Goods sector that declined today were:

JinkoSolar

(

JKS

), down 8.3%,

Dixie Group

(

DXYN

), down 8.3%,

Joy Global

(

JOY

), down 6.7%, and

Material Sciences Corporation

(

MSC

), down 6.6%.

General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. General Dynamics has a market cap of $23.25 billion and is part of the

aerospace/defense

industry. The company has a P/E ratio of 9.2, below the average aerospace/defense industry P/E ratio of 9.5 and below the S&P 500 P/E ratio of 17.7. Shares are down 2.7% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate General Dynamics a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates General Dynamics as a

buy

. The company's strengths can be seen in multiple areas, such as its 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 has had lackluster performance in the stock itself.

On the positive front,

Taylor Devices

(

TAYD

), up 11.9%,

Asia Pacific Wire & Cable Corp

(

APWC

), up 11.4%,

A123 Systems

(

AONE

), up 10.7%, and

Toro Company

(

TTC

), up 9.7%, were all gainers within the industrial goods sector with

Stericycle Incorporated

(

SRCL

) 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

(

XLI

) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30

(

DOG

).

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