) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 3.4%. By the end of trading, Boeing rose $2.21 (3.5%) to $64.99 on average volume. Throughout the day, 4.5 million shares of Boeing exchanged hands as compared to its average daily volume of 5.9 million shares. The stock ranged in a price between $64.53-$65.63 after having opened the day at $64.54 as compared to the previous trading day's close of $62.78. Other companies within the Aerospace/Defense industry that increased today were:




), up 8.9%,

Smith & Wesson Holding Corporation



), up 8.1%,

Astronics Corporation



), up 7.9%, and

Heico Corporation



), up 7.2%.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $47.83 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 12.3, below the average aerospace/defense industry P/E ratio of 12.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 3.8% year to date as of the close of trading on Friday.

TheStreet Ratings rates The Boeing as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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

iShares DJ US Aerospace & Def Idx



) while those bearish on the aerospace/defense industry could consider

ProShares Short Dow 30