AGCO Corp (AGCO): Today's Featured Industrial Goods Winner

AGCO ( AGCO) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.2%. By the end of trading, AGCO rose 31 cents (0.7%) to $44.15 on light volume. Throughout the day, 541,079 shares of AGCO exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in a price between $43.53-$44.94 after having opened the day at $43.92 as compared to the previous trading day's close of $43.84. Other companies within the Industrial Goods sector that increased today were: RTI International Metals ( RTI), up 13.1%, A123 Systems ( AONE), up 12.7%, Wowjoint Holdings ( BWOW), up 10.3%, and Mueller Water Products ( MWA), up 9.9%.

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. AGCO has a market cap of $4.31 billion and is part of the industrial industry. The company has a P/E ratio of 6.3, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 3.2% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate AGCO a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates AGCO as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Polypore International ( PPO), down 13.8%, NF Energy Saving ( NFEC), down 10.4%, China Development Group Corporation ( CTDC), down 10%, and Skyline Corporation ( SKY), down 8.3%, were all laggards within the industrial goods sector with Masco Corporation ( MAS) 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).