The industrial industry closed the day down 0.3%. China BAK Battery Inc ( CBAK), Plug Power Inc ( PLUGD), Plug Power Inc ( PLUG), and Wowjoint Holdings ( BWOW) were all winners today within the industrial industry with General Electric ( GE) being today's featured industrial winner. General Electric rose 15 cents (0.9%) to $16.67 on light volume. Throughout the day, 52 million shares of General Electric exchanged hands as compared to its average daily volume of 81.2 million shares. General Electric Company (GE) operates as a technology, service, and finance company worldwide. General Electric has a market cap of $177.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.8, above the average industrial industry P/E ratio of 13.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 9.7% year to date as of the close of trading on Wednesday. TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, expanding profit margins, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
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