Industrial Goods Sector's Featured Straggler Of The Day: Pentair Ltd (PNR)

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.

Pentair ( PNR) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole was unchanged today. By the end of trading, Pentair fell 79 cents (-1.5%) to $51.99 on average volume. Throughout the day, 1.3 million shares of Pentair exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in price between $51.60-$52.48 after having opened the day at $52.12 as compared to the previous trading day's close of $52.78. Other companies within the Industrial Goods sector that declined today were: China Advanced Construction Materials Group ( CADC), down 11%, Continental Materials Corporation ( CUO), down 10.5%, MagneGas Corporation ( MNGA), down 7.2%, and Tri-Tech ( TRIT), down 6.1%.
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Pentair Ltd. delivers products, services, and solutions for water and other fluids, thermal management, and equipment protection in the United States, Europe, Asia, and other regions. Pentair has a market cap of $10.59 billion and is part of the industrial industry. Shares are up 7.4% year to date as of the close of trading on Thursday. Currently there are six analysts that rate Pentair a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Pentair as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Innovative Solutions and Support ( ISSC), up 27.2%, Exide Technologies ( XIDE), up 14.6%, Comstock ( CHCI), up 8.8%, and Gafisa ( GFA), up 8.5%, were all gainers within the industrial goods sector with Mohawk Industries ( MHK) being today's featured industrial goods sector leader.

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).

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