3. As of noon trading, Emerson Electric ( EMR) is up $0.28 (0.51) to $55.56 on average volume Thus far, 1.6 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $55.09-$55.67 after having opened the day at $55.45 as compared to the previous trading day's close of $55.28. Emerson Electric Co., a diversified technology company, engages in designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $39.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Emerson Electric Ratings Report now. 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.