Raytheon Company ( RTN) 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, Raytheon Company rose 46 cents (1%) to $45.38 on average volume. Throughout the day, 2.4 million shares of Raytheon Company exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $45.28-$45.71 after having opened the day at $45.35 as compared to the previous trading day's close of $44.92. Other companies within the Industrial Goods sector that increased today were: NF Energy Saving ( NFEC), up 19.5%, Apogee ( APOG), up 16%, India Globalization Capital ( IGC), up 7.5%, and Pure Cycle Corporation ( PCYO), up 7.2%. Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $15.55 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 8.9, below the average aerospace/defense industry P/E ratio of nine and below the S&P 500 P/E ratio of 17.7. Shares are down 3.1% year to date as of the close of trading on Wednesday. Currently there are seven analysts that rate Raytheon Company a buy, no analysts rate it a sell, and 10 rate it a hold. TheStreet Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.