Tyco International Ltd (TYC): Today's Featured Industrial Goods Winner
(
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.7%. By the end of trading, Tyco International rose 44 cents (0.8%) to $54.53 on light volume. Throughout the day, 2.2 million shares of Tyco International exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $52.43-$54.67 after having opened the day at $53.55 as compared to the previous trading day's close of $54.09. Other companies within the Industrial Goods sector that increased today were:
Wowjoint Holdings
(
BWOW
), up 24.8%,
(
), up 10.8%,
(
), up 8.9%, and
(
), up 8.8%.
Tyco International Ltd. provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products worldwide. It operates through three segments: Tyco Security Solutions, Tyco Fire Protection, and Tyco Flow Control. Tyco International has a market cap of $24.87 billion and is part of the
industry. The company has a P/E ratio of 17.8, equal to the average diversified services industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7. Shares are up 15.8% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Tyco International a buy, no analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates Tyco International 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, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Tyco International Ratings Report.
On the negative front,
(
), down 10.8%,
Integrated Electrical Services
(
), down 7.9%,
(
), down 7.7%, and
(
), down 7%, were all losers within the industrial goods sector with
(
) being today's industrial goods sector loser.
- Use our industrial goods section to find sector-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 goods sector could consider
(
) while those bearish on the industrial goods sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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