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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.




) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Owens-Corning fell $1.33 (-3.3%) to $38.72 on average volume. Throughout the day, 1,878,342 shares of Owens-Corning exchanged hands as compared to its average daily volume of 1,716,800 shares. The stock ranged in price between $38.40-$40.07 after having opened the day at $39.89 as compared to the previous trading day's close of $40.05. Other companies within the Industrial Goods sector that declined today were:

Intellicheck Mobilisa



), down 20.9%,

KB Home



), down 6.2%,




TheStreet Recommends

), down 6.0% and

Chicago Rivet & Machine



), down 5.8%.

Owens Corning produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in two segments, Composites and Building Materials. Owens-Corning has a market cap of $4.6 billion and is part of the materials & construction industry. The company has a P/E ratio of 70.3, above the S&P 500 P/E ratio of 17.7. Shares are up 8.3% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Owens-Corning a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates


as a


. 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.

On the positive front,

Astrotech Corporation



), up 20.6%,

Euro Tech Holdings Company



), up 19.6%,

Clean Diesel Technologies



), up 14.9% and




), up 10.0% , were all gainers within the industrial goods sector with

3D Systems Corporation



) 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




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