Rockwell Automation Incorporated (ROK): Today's Featured Industrial Goods Winner

Rockwell Automation Incorporated ( ROK) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.2%. By the end of trading, Rockwell Automation Incorporated rose 36 cents (0.6%) to $65.45 on light volume. Throughout the day, 884,249 shares of Rockwell Automation Incorporated exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in a price between $64.40-$65.83 after having opened the day at $64.89 as compared to the previous trading day's close of $65.09. Other companies within the Industrial Goods sector that increased today were: China Development Group Corporation ( CTDC), up 16%, Tecumseh Products Company ( TECUB), up 11.1%, Broadwind Energy ( BWEN), up 9.5%, and Twin Disc ( TWIN), up 9.2%.

Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. It operates in two segments, Architecture and Software, and Control Products and Solutions. Rockwell Automation Incorporated has a market cap of $9.29 billion and is part of the industrial industry. The company has a P/E ratio of 12.9, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 11.3% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Rockwell Automation Incorporated a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Rockwell Automation Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, notable return on equity, expanding profit margins 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, Sharps Compliance Corporation ( SMED), down 9.1%, Veolia Environnement ( VE), down 8.5%, Nobility Homes ( NOBH), down 7.3%, and China Recycling Energy Corporation ( CREG), down 7%, were all losers within the industrial goods sector with Precision Castparts ( PCP) 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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