Deere & Co (DE): Today's Featured Industrial Winner

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 0.8%. By the end of trading, Deere rose $0.89 (1.1%) to $83.46 on light volume. Throughout the day, 2,219,504 shares of Deere exchanged hands as compared to its average daily volume of 3,062,000 shares. The stock ranged in a price between $82.47-$83.87 after having opened the day at $83.15 as compared to the previous trading day's close of $82.57. Other companies within the Industrial industry that increased today were: China Yuchai International ( CYD), up 10.8%, Fuelcell Energy ( FCEL), up 10.0%, Omega Flex ( OFLX), up 8.9% and Intellicheck Mobilisa ( IDN), up 7.3%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, 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.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $32.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are down 4.5% year to date as of the close of trading on Thursday.

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, impressive record of earnings per share growth, increase in net income and increase in stock price during the past year. 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 8.9%, Ecotality ( ECTY), down 7.3%, Continental Materials Corporation ( CUO), down 7.1% and China BAK Battery ( CBAK), down 6.5%.

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).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

null

More from Markets

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's

Dow Makes Move Higher as Bond Yields Hover Near 3% Threshold

Dow Makes Move Higher as Bond Yields Hover Near 3% Threshold

The Stock Market Isn't Rigged, Just Look At The Odds (VIDEO)

The Stock Market Isn't Rigged, Just Look At The Odds (VIDEO)

Let the Najarian Brothers Help You Generate Income With Options

Let the Najarian Brothers Help You Generate Income With Options

All Investors Can Trade Options, Just Ask the Najarian Brothers WATCH VIDEO

All Investors Can Trade Options, Just Ask the Najarian Brothers WATCH VIDEO