The

industrial goods

sector closed the day down 2.3%.

Twin Disc Inc

(

TWIN

),

Magnetek

(

MAG

),

UQM Technologies Inc

(

UQM

), and

Dixie Group Inc

(

DXYN

) were all winners today within the industrial goods sector with

SPX Corporation

(

SPW

) being today's featured industrial goods winner. SPX Corporation rose 50 cents (1%) to $52.73 on average volume. Throughout the day, 588,243 shares of SPX Corporation exchanged hands as compared to its average daily volume of 764,100 shares.

SPX Corporation provides flow technology products, test and measurement products, thermal equipment and services, and industrial products and services worldwide. SPX Corporation has a market cap of $2.7 billion and is part of the

industrial

industry. The company has a P/E ratio of 16.5, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 22.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates SPX as a

hold

. 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and poor profit margins.

On the negative front,

Pure Cycle Corporation

(

PCYO

),

Mueller Industries Inc

(

MLI

),

ADA-ES Inc

(

ADES

), and

Flow International Corporation

(

FLOW

) were all losers within the industrial goods sector with

Allegheny Technologies Inc

(

ATI

) being today's industrial goods sector Loser Spotlight stock.

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

(

XLI

) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30

(

DOG

).

null