Ingersoll-Rand PLC (IR): Today's Featured Industrial Winner

Ingersoll-Rand ( IR) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.5%. By the end of trading, Ingersoll-Rand rose $1.15 (3%) to $40.19 on average volume. Throughout the day, 3.7 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in a price between $38.98-$40.33 after having opened the day at $39.23 as compared to the previous trading day's close of $39.04. Other companies within the Industrial industry that increased today were: Compx International ( CIX), up 16.4%, Omega Flex ( OFLX), up 13.2%, A123 Systems ( AONE), up 7.9%, and P & F Industries ( PFIN), up 7.7%.

Ingersoll-Rand Public Limited Company engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $11.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.4, below the average industrial industry P/E ratio of 25.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 30.7% year to date as of the close of trading on Thursday. Currently there are nine analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Ingersoll-Rand as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Presstek ( PRST), down 13.8%, China Development Group Corporation ( CTDC), down 13.5%, Arotech Corporation ( ARTX), down 9.7%, and Broadwind Energy ( BWEN), down 7.8%, were all losers within the industrial industry with ABB ( ABB) 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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