The

industrial

industry closed the day up 1.5%.

Ener1 Inc

(

HEV

),

China Development Group Corporation

(

CTDC

),

Polypore International Inc

(

PPO

), and

Wowjoint Holdings

(

BWOW

) were all decliners today within the industrial industry with

ITT Corporation

(

ITT

) being today's featured industrial loser. ITT Corporation fell 48 cents (-1.1%) to $43.54 on heavy volume. Throughout the day, 3.1 million shares of ITT Corporation exchanged hands as compared to its average daily volume of 1.9 million shares.

ITT Corporation designs, manufactures, and sells a range of engineered products, and provides related services worldwide. ITT Corporation has a market cap of $8.3 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 14.3, above the average industrial industry P/E ratio of 11.8 and below the S&P 500 P/E ratio of 17.7. Shares are down 15.5% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates ITT as a

hold

. 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 and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and disappointing return on equity.

On the positive front,

Manitowoc Co Inc

(

MTW

),

Hallwood Group Inc

(

HWG

),

Hollysys Automation Technologies

(

HOLI

), and

Nova Measuring Instruments

(

NVMI

) were all gainers within the industrial industry with

General Electric

(

GE

) being today's featured industrial industry winner.

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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