Deere & Co (DE): Today's Featured Industrial Loser

Deere ( DE) pushed the Industrial industry lower today making it today's featured Industrial loser. The industry as a whole closed the day down 1.4%. By the end of trading, Deere fell $1.93 (-2.4%) to $78.60 on average volume. Throughout the day, 4.4 million shares of Deere exchanged hands as compared to its average daily volume of 3.7 million shares. The stock ranged in price between $78.09-$81.40 after having opened the day at $80.70 as compared to the previous trading day's close of $80.53. Other company's within the Industrial industry that declined today were: China Recycling Energy Corporation ( CREG), down 9.1%, Cummins ( CMI), down 8.9%, Hallwood Group ( HWG), down 7.6%, and A123 Systems ( AONE), down 7.5%.

Deere & Company provides products and services primarily for agriculture and forestry worldwide. Deere has a market cap of $32.1 billion and is part of the industrial goods sector. 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 4.1% year to date as of the close of trading on Monday. Currently there are eight analysts that rate Deere a buy, one analyst rates it a sell, and eight rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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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