United Technologies Corp (UTX): Today's Featured Industrial Winner
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.
(
) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 1.7%. By the end of trading, United Technologies rose $1.26 (1.2%) to $102.96 on average volume. Throughout the day, 2,697,236 shares of United Technologies exchanged hands as compared to its average daily volume of 3,266,900 shares. The stock ranged in a price between $101.65-$104.00 after having opened the day at $102.09 as compared to the previous trading day's close of $101.70. Other companies within the Industrial industry that increased today were:
(
), up 10.7%,
(
), up 10.5%,
(
), up 7.6% and
(
), up 7.3%.
United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $94.0 billion and is part of the industrial goods sector. Shares are up 24.0% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate United Technologies a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
United Technologies
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full United Technologies Ratings Report.
On the negative front,
(
), down 8.1%,
(
), down 3.7%,
(
), down 3.4% and
Global-Tech Advanced Innovations
(
), down 3.2%.
- Use our industrial section to find industry-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 industry could consider
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
- Find other investment ideas from our top rated ETFs lists.
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