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 1.4%. By the end of trading, General Electric rose $0.25 (1.1%) to $22.57 on average volume. Throughout the day, 45,342,313 shares of General Electric exchanged hands as compared to its average daily volume of 39,578,700 shares. The stock ranged in a price between $22.55-$22.85 after having opened the day at $22.57 as compared to the previous trading day's close of $22.32. Other companies within the Industrial industry that increased today were: Intellicheck Mobilisa ( IDN), up 13.2%, Olympic Steel ( ZEUS), up 13.0%, Dixie Group ( DXYN), up 10.9% and PMFG ( PMFG), up 8.6%.
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General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $229.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.4, below the S&P 500 P/E ratio of 17.7. Shares are up 6.3% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate General Electric a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, increase in net income and notable return on equity. 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 Valves Technology ( CVVT), down 53.6%, Ecotality ( ECTY), down 6.8%, Ballard Power Systems ( BLDP), down 5.4% and IntriCon Corporation ( IIN), down 5.2%.

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).

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