Gardner Denver Inc. (GDI): Today's Featured Industrial Goods Winner

Gardner Denver ( GDI) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.9%. By the end of trading, Gardner Denver rose 63 cents (1.1%) to $56.98 on average volume. Throughout the day, 629,408 shares of Gardner Denver exchanged hands as compared to its average daily volume of 792,700 shares. The stock ranged in a price between $56.27-$57.24 after having opened the day at $56.29 as compared to the previous trading day's close of $56.35. Other companies within the Industrial Goods sector that increased today were: Headwaters ( HW), up 14.5%, NF Energy Saving ( NFEC), up 9.1%, Highway Holdings ( HIHO), up 7.9%, and Arotech Corporation ( ARTX), up 6%.

Gardner Denver, Inc. designs, manufactures, and markets engineered industrial machinery and related parts and services primarily in North America, Europe, Asia, South America, Africa, and Australia. The company operates in two segments, Industrial Products Group and Engineered Products Group. Gardner Denver has a market cap of $2.88 billion and is part of the industrial industry. The company has a P/E ratio of 10.4, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 26.9% year to date as of the close of trading on Monday. Currently there are five analysts that rate Gardner Denver a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Gardner Denver as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, A.M. Castle ( CAS), down 16.8%, China Advanced Construction Materials Group ( CADC), down 10.9%, Skyline Corporation ( SKY), down 10.6%, and Wowjoint Holdings ( BWOW), down 9.4%, were all laggards within the industrial goods sector with Stanley Black & Decker ( SWK) being today's industrial goods sector laggard.

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).

null

More from Markets

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: This Is a Sad Time for Southwest Airlines

Jim Cramer: This Is a Sad Time for Southwest Airlines

Jim Cramer Just Spoke to Larry Kudlow About the China Trade Negotiations

Jim Cramer Just Spoke to Larry Kudlow About the China Trade Negotiations