L.S. Starrett Company (SCX): Today's Featured Industrial Goods Winner

The industrial goods sector closed the day down 3.1%. China Infrastructure Investment Corporation ( CIIC), Taylor Devices Inc ( TAYD), Euro Tech Holdings Company ( CLWT), and NF Energy Saving ( NFEC) were all winners today within the industrial goods sector with L.S. Starrett Company ( SCX) being today's featured industrial goods winner. L.S. Starrett Company rose 33 cents (3.1%) to $11 on light volume. Throughout the day, 7,372 shares of L.S. Starrett Company exchanged hands as compared to its average daily volume of 13,300 shares.

The L.S. Starrett Company, together with its subsidiaries, engages in the manufacture and sale of industrial, professional, and consumer products worldwide. L.S. Starrett Company has a market cap of $62.9 million and is part of the industrial industry. The company has a P/E ratio of 10.4, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 8.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates L.S. Starrett as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the negative front, Ener1 Inc ( HEV), China Recycling Energy Corporation ( CREG), Asia Pacific Wire & Cable Corp ( APWC), and Asia Pacific Wire & Cable Corp ( AWRCF) were all losers within the industrial goods sector with Magnetek ( MAG) 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).

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