) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 1.3%. By the end of trading, Precision Castparts rose 88 cents (0.6%) to $152.93 on light volume. Throughout the day, 345,097 shares of Precision Castparts exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in a price between $152.10-$155.80 after having opened the day at $152.10 as compared to the previous trading day's close of $152.05. Other companies within the Industrial industry that increased today were:
), up 12.5%,
), up 12.2%,
), up 5.7%, and
), up 5.4%.
Precision Castparts Corp. manufactures and sells metal components and products worldwide. Precision Castparts has a market cap of $22.28 billion and is part of the
sector. The company has a P/E ratio of 19.8, below the average industrial industry P/E ratio of 20.2 and above the S&P 500 P/E ratio of 17.7. Shares are up 9.2% year to date as of the close of trading on Wednesday.
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, good cash flow from operations, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Precision Castparts Ratings Report.
On the negative front,
), down 16.7%,
), down 10.5%,
), down 9.7%, and
Asia Pacific Wire & Cable Corp
), down 9.7%, were all losers within the industrial industry with
) being today's industrial industry loser.
- 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.