General Electric Co (GE): 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

General Electric ( GE) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.9%. By the end of trading, General Electric rose $0.46 (2.1%) to $21.96 on average volume. Throughout the day, 50,613,989 shares of General Electric exchanged hands as compared to its average daily volume of 38,922,200 shares. The stock ranged in a price between $21.65-$22.03 after having opened the day at $21.69 as compared to the previous trading day's close of $21.50. Other companies within the Industrial industry that increased today were: JinkoSolar ( JKS), up 15.3%, Ecotality ( ECTY), up 13.4%, OSI Systems ( OSIS), up 9.8% and Tower International ( TOWR), 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.

General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $221.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 2.4% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and good cash flow from operations. 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, China BAK Battery ( CBAK), down 11.1%, Exide Technologies ( XIDE), down 8.8%, Highway Holdings ( HIHO), down 4.0% and ZBB Energy Corporation ( ZBB), down 3.6%.

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

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%