Deere & Co (DE): Today's Highlighted Performer In Industrial

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.

Deere ( DE) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.1%. By the end of trading, Deere rose 89 cents (1%) to $87.26 on light volume. Throughout the day, 2.1 million shares of Deere exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in a price between $86.26-$87.31 after having opened the day at $86.64 as compared to the previous trading day's close of $86.37. Other companies within the Industrial industry that increased today were: China Valves Technology ( CVVT), up 15.4%, Dixie Group ( DXYN), up 14%, Altair Nanotechnologies ( ALTI), up 8.5%, and Proto Labs ( PRLB), up 4.5%.
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Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $34.17 billion and is part of the industrial goods sector. The company has a P/E ratio of 11, below the S&P 500 P/E ratio of 17.7. Shares are up 0.5% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Deere a buy, one analyst rates it a sell, and seven rate it a hold.

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

On the negative front, IntriCon Corporation ( IIN), down 9.9%, China BAK Battery ( CBAK), down 7.9%, Intellicheck Mobilisa ( IDN), down 7.1%, and Ballard Power Systems ( BLDP), down 6.1%, were all laggards within the industrial industry with Siemens ( SI) being today's industrial industry laggard.

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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