Chicago Bridge & Iron Company (CBI): Today's Featured Industrial Goods 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

Chicago Bridge & Iron Company ( CBI) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.6%. By the end of trading, Chicago Bridge & Iron Company rose $0.89 (1.7%) to $52.27 on average volume. Throughout the day, 1,772,357 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 2,062,800 shares. The stock ranged in a price between $50.52-$52.67 after having opened the day at $51.53 as compared to the previous trading day's close of $51.38. Other companies within the Industrial Goods sector that increased today were: Aerosonic Corporation ( AIM), up 59.8%, Met-Pro Corporation ( MPR), up 39.4%, Astrotech Corporation ( ASTC), up 12.0% and Exide Technologies ( XIDE), up 10.7%.
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Chicago Bridge & Iron Company N.V., an energy infrastructure focused company, provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to customers in the energy, petrochemical, and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $5.5 billion and is part of the materials & construction industry. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 10.9% year to date as of the close of trading on Friday.

TheStreet Ratings rates Chicago Bridge & Iron Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Integrated Electrical Services ( IESC), down 9.8%, ZBB Energy Corporation ( ZBB), down 8.1%, THT Heat Transfer Technology ( THTI), down 7.2% and PMFG ( PMFG), down 6.1%.

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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