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.

Rayonier

(

RYN

) pushed the Conglomerates sector higher today making it today's featured conglomerates winner. The sector as a whole closed the day up 0.2%. By the end of trading, Rayonier rose $0.65 (1.5%) to $45.10 on heavy volume. Throughout the day, 1,139,540 shares of Rayonier exchanged hands as compared to its average daily volume of 714,700 shares. The stock ranged in a price between $43.95-$45.23 after having opened the day at $44.22 as compared to the previous trading day's close of $44.45. Other companies within the Conglomerates sector that increased today were:

MGT Capital Investments

(

MGT

), up 7.5%,

Global Eagle Entertainment

(

ENT

), up 3.2%,

Dex Media

(

DXM

), up 2.7% and

Dow Chemical

(

DOW

), up 2.5%.

Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. Rayonier has a market cap of $5.8 billion and is part of the materials & construction industry. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 9.1% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Rayonier a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Rayonier

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

TheStreet Recommends

On the negative front,

Rare Element Resources

(

REE

), down 6.0%,

Infinity Cross Border Acquisition

(

INXB

), down 2.8%,

Tredegar

(

TG

), down 2.7% and

Seaboard

(

SEB

), down 1.5%.

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

SPDR Trust Series 1

(

SPY

) while those bearish on the conglomerates sector could consider

ProShares Short S&P 500

(

SH

).

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