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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.

OSI Systems



) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 1.0%. By the end of trading, OSI Systems fell $0.67 (-1.1%) to $61.57 on light volume. Throughout the day, 119,671 shares of OSI Systems exchanged hands as compared to its average daily volume of 510,100 shares. The stock ranged in price between $61.15-$62.55 after having opened the day at $62.17 as compared to the previous trading day's close of $62.24. Other companies within the Industrial Goods sector that declined today were:

Desarrolladora Homex SAB de CV ADR



), down 17.9%,

Circor International



), down 10.1%,

China Advanced Construction Materials Group



), down 9.5% and

Babcock & Wilcox



), down 6.8%.

OSI Systems, Inc., together with its subsidiaries, designs and manufactures electronic systems and components for homeland security, healthcare, defense, and aerospace markets worldwide. OSI Systems has a market cap of $1.2 billion and is part of the industrial industry. Shares are up 16.3% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate OSI Systems a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

OSI Systems

as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front,

China BAK Battery



), up 31.9%,

ZBB Energy Corporation



), up 24.1%,

China Ming Yang Wind Power Group



), up 15.7% and

UQM Technologies



), up 12.4% , were all gainers within the industrial goods sector with

Precision Castparts



) being today's featured industrial goods sector leader.

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



) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30




STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.