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.

ABB ( ABB) 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, ABB rose 30 cents (1.3%) to $22.82 on average volume. Throughout the day, 2.1 million shares of ABB exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $22.71-$22.88 after having opened the day at $22.73 as compared to the previous trading day's close of $22.52. Other companies within the Industrial Goods sector that increased today were: Comstock ( CHCI), up 18.4%, Broadwind Energy ( BWEN), up 8.7%, Servotronics ( SVT), up 6.9%, and Real Goods Solar ( RSOL), up 4.3%.
  • 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.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $52.26 billion and is part of the industrial industry. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 8.3% year to date as of the close of trading on Monday. Currently there are five analysts that rate ABB a buy, one analyst rates it a sell, and one rates it a hold.

TheStreet Ratings rates ABB as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, China Valves Technology ( CVVT), down 15.2%, Cleantech Solutions International ( CLNT), down 10.9%, ZBB Energy Corporation ( ZBB), down 10.5%, and Goldfield ( GV), down 9.6%, were all laggards within the industrial goods sector with General Dynamics ( GD) 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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.