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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Mohawk Industries



) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Mohawk Industries fell $2.97 (-2.0%) to $143.50 on average volume. Throughout the day, 843,172 shares of Mohawk Industries exchanged hands as compared to its average daily volume of 820,400 shares. The stock ranged in price between $142.56-$146.00 after having opened the day at $145.53 as compared to the previous trading day's close of $146.47. Other companies within the Industrial industry that declined today were:

Intellicheck Mobilisa



), down 20.9%,




), down 6.0%,

Chicago Rivet & Machine



TheStreet Recommends

), down 5.8% and

IntriCon Corporation



), down 5.8%.

Mohawk Industries, Inc., together with its subsidiaries, produces floor covering products for residential and commercial applications in the United States and for residential applications in Europe. The company operates through three segments: Mohawk, Dal-Tile, and Unilin. Mohawk Industries has a market cap of $10.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 31.0, above the S&P 500 P/E ratio of 17.7. Shares are up 54.5% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Mohawk Industries a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Mohawk Industries

as a


. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front,

Euro Tech Holdings Company



), up 19.6%,

Clean Diesel Technologies



), up 14.9%,

Arotech Corporation



), up 6.6% and

ARC Group Worldwide



), up 6.0% , were all gainers within the industrial industry with

Emerson Electric



) being today's featured industrial industry leader.

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



) while those bearish on the industrial industry could consider

ProShares UltraShort Industrials




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