Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.2%. By the end of trading, Mohawk Industries rose $1.09 (1.4%) to $81.50 on heavy volume. Throughout the day, 767,058 shares of Mohawk Industries exchanged hands as compared to its average daily volume of 486,000 shares. The stock ranged in a price between $80.69-$82.11 after having opened the day at $81.36 as compared to the previous trading day's close of $80.41. Other companies within the Industrial industry that increased today were:
), up 11.6%,
), up 8.4%,
), up 8.3%, and
), up 8.2%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
Mohawk Industries, Inc., together with its subsidiaries, engages in the production and sale of floor covering products for residential and commercial markets for remodeling and new construction primarily in the United States and Europe. Mohawk Industries has a market cap of $5.61 billion and is part of the industrial goods sector. The company has a P/E ratio of 27.7, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 34.4% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate Mohawk Industries a buy, one analyst rates it a sell, and five rate it a hold.
TheStreet Ratings rates Mohawk Industries as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Mohawk Ratings Report.
On the negative front,
), down 33.3%,
), down 11.5%,
), down 6.8%, and
), down 6.7%, were all laggards within the industrial industry with
) being today's industrial industry laggard.
- Use our industrial section to find industry-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 industry could consider
) while those bearish on the industrial industry could consider
- Find other investment ideas from our top rated ETFs lists.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now