Timken Company (TKR): Today's Featured Industrial Winner

Timken Company ( TKR) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 1.4%. By the end of trading, Timken Company rose $3.74 (7.3%) to $54.86 on heavy volume. Throughout the day, 3.3 million shares of Timken Company exchanged hands as compared to its average daily volume of 863,200 shares. The stock ranged in a price between $53.92-$56.22 after having opened the day at $55.23 as compared to the previous trading day's close of $51.12. Other companies within the Industrial industry that increased today were: Cleantech Solutions International ( CLNT), up 46.7%, NF Energy Saving ( NFEC), up 27%, IntriCon Corporation ( IIN), up 11.4%, and China Recycling Energy Corporation ( CREG), up 11%.

The Timken Company develops, manufactures, markets, and sells anti-friction bearings and assemblies, alloy steels, and mechanical power transmission systems. It operates through four segments: Mobile Industries, Process Industries, Aerospace and Defense, and Steel. Timken Company has a market cap of $4.86 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.8, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 32.1% year to date as of the close of trading on Tuesday. Currently there are eight analysts that rate Timken Company a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Timken Company as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, 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 lackluster performance in the stock itself.

On the negative front, Ceradyne ( CRDN), down 9%, Intellicheck Mobilisa ( IDN), down 6.3%, Arotech Corporation ( ARTX), down 4.7%, and ABB ( ABB), down 4.3%, were all losers within the industrial industry with Caterpillar ( CAT) being today's industrial industry loser.

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 ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).
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