CNH Global NV (CNH): Today's Featured Industrial Goods Winner

CNH Global ( CNH) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.3%. By the end of trading, CNH Global rose $1.50 (3.4%) to $45.58 on heavy volume. Throughout the day, 921,420 shares of CNH Global exchanged hands as compared to its average daily volume of 452,700 shares. The stock ranged in a price between $44.52-$46 after having opened the day at $45.66 as compared to the previous trading day's close of $44.08. Other companies within the Industrial Goods sector 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%.

CNH Global N.V. manufactures, markets, and distributes a line of agricultural and construction equipment and parts worldwide. It operates in three segments: Agricultural Equipment, Construction Equipment, and Financial Services. CNH Global has a market cap of $10.47 billion and is part of the industrial industry. The company has a P/E ratio of 11.2, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 22.4% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate CNH Global a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates CNH Global as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Nobility Homes ( NOBH), down 14.2%, India Globalization Capital ( IGC), down 11.4%, Ceradyne ( CRDN), down 9%, and Intellicheck Mobilisa ( IDN), down 6.3%, were all losers within the industrial goods sector with Rockwell Automation Incorporated ( ROK) being today's industrial goods sector loser.

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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