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 0.4%. By the end of trading, General Electric fell 25 cents (-1.2%) to $20.44 on light volume. Throughout the day, 31.9 million shares of General Electric exchanged hands as compared to its average daily volume of 42.6 million shares. The stock ranged in price between $20.43-$20.71 after having opened the day at $20.45 as compared to the previous trading day's close of $20.69. Other companies within the Industrial industry that declined today were: Active Power ( ACPW), down 6.9%, Cleantech Solutions International ( CLNT), down 5.4%, Compx International ( CIX), down 4.9%, and Euro Tech Holdings Company ( CLWT), down 4.8%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

General Electric Company operates as a technology and financial services company worldwide. General Electric has a market cap of $217.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7. Shares are up 16% year to date as of the close of trading on Thursday. Currently there are seven 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 growth in earnings per share, revenue growth, solid stock price performance, expanding profit margins 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).

HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

These Stocks Pay You to Own Them

GE Is 'One of the Toughest Stocks I've Ever Had to Deal With,' Jim Cramer Says

GE Axes Fleet of Corporate Jets to Save Money Amid Sales Slump

GE's Toxic Price Action Has Legs -- Next Shoe to Drop

Trian Said to be Close to Acquiring Seat on GE's Board