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) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.3%. By the end of trading, Ingersoll-Rand rose $0.61 (1.0%) to $61.16 on average volume. Throughout the day, 1,807,768 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 1,967,300 shares. The stock ranged in a price between $60.28-$61.33 after having opened the day at $60.33 as compared to the previous trading day's close of $60.55. Other companies within the Industrial Goods sector that increased today were:
), up 10.5%,
), up 9.7%,
), up 9.5% and
), up 8.4%.
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Ingersoll-Rand plc engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $18.2 billion and is part of the industrial industry. Shares are up 27.2% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Ingersoll-Rand Ratings Report.
On the negative front,
), down 10.3%,
), down 8.6%,
), down 8.3% and
), down 7.2% , were all laggards within the industrial goods sector with
) being today's industrial goods sector laggard.
- 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.