Precision Castparts

(

PCP

) 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:

Wuhan General Group Inc

(

WUHN

), up 12.5%,

China Development Group Corporation

(

CTDC

), up 12.2%,

Ecotality Inc

(

ECTY

), up 5.7%, and

Euro Tech Holdings Company

(

CLWT

), 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

industrial goods

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

buy

. 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.

On the negative front,

Energy Focus Inc

(

EFOI

), down 16.7%,

THT Heat Transfer Technology Inc

(

THTI

), down 10.5%,

Asia Pacific Wire & Cable Corp

(

APWC

), down 9.7%, and

Asia Pacific Wire & Cable Corp

(

AWRCF

), down 9.7%, were all losers within the industrial industry with

Deere

(

DE

) being today's industrial industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial industry could consider

SPDR Dow Jones Industrial Average

(

DIA

) while those bearish on the industrial industry could consider

ProShares UltraShort Industrials

(

SIJ

).

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