General Electric Co (GE): Today's Featured Industrial Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

General Electric ( GE) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 1.5%. By the end of trading, General Electric fell 24 cents (-1.1%) to $20.89 on average volume. Throughout the day, 40.1 million shares of General Electric exchanged hands as compared to its average daily volume of 42.5 million shares. The stock ranged in price between $20.88-$21.19 after having opened the day at $21.16 as compared to the previous trading day's close of $21.13. Other companies within the Industrial industry that declined today were: Ameresco ( AMRC), down 16%, Wowjoint Holdings ( BWOW), down 13%, Intellicheck Mobilisa ( IDN), down 11.6%, and Altair Nanotechnologies ( ALTI), down 10%.
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General Electric Company operates as a technology and financial services company worldwide. General Electric has a market cap of $227.97 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are up 20.5% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate General Electric a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by 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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