Terex Corp (TEX): 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

Terex ( TEX) 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, Terex rose $1.41 (4.7%) to $31.25 on average volume. Throughout the day, 2,532,807 shares of Terex exchanged hands as compared to its average daily volume of 2,420,400 shares. The stock ranged in a price between $29.57-$31.31 after having opened the day at $29.84 as compared to the previous trading day's close of $29.84. Other companies within the Industrial Goods sector that increased today were: MagneGas Corporation ( MNGA), up 28.5%, Continental Materials Corporation ( CUO), up 10.7%, Astronics Corporation ( ATRO), up 9.8% and Ecotality ( ECTY), up 9.3%.
  • 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.

Terex Corporation operates as an equipment manufacturer of specialized machinery products. Terex has a market cap of $3.1 billion and is part of the industrial industry. The company has a P/E ratio of 30.8, above the S&P 500 P/E ratio of 17.7. Shares are up 6.2% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Terex a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front, Tower International ( TOWR), down 11.3%, Exide Technologies ( XIDE), down 9.8%, Comstock ( CHCI), down 8.9% and THT Heat Transfer Technology ( THTI), down 8.8% , were all laggards within the industrial goods sector with Generac Holdings ( GNRC) being today's industrial goods sector laggard.

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).

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.