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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.

Precision Castparts



) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.0%. By the end of trading, Precision Castparts rose $5.18 (2.0%) to $258.38 on average volume. Throughout the day, 680,289 shares of Precision Castparts exchanged hands as compared to its average daily volume of 657,700 shares. The stock ranged in a price between $251.71-$258.53 after having opened the day at $252.16 as compared to the previous trading day's close of $253.20. Other companies within the Industrial Goods sector that increased today were:

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%.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $37.0 billion and is part of the industrial industry. Shares are down 6.0% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Precision Castparts

as a


. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front,

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% , were all laggards within the industrial goods sector with

OSI Systems



) being today's industrial goods sector laggard.

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




3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.