Lennar Corporation (LEN): Today's Featured Industrial Goods Laggard

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

Lennar Corporation ( LEN) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 1.1%. By the end of trading, Lennar Corporation fell $0.60 (-1.4%) to $43.22 on light volume. Throughout the day, 2,994,393 shares of Lennar Corporation exchanged hands as compared to its average daily volume of 4,241,600 shares. The stock ranged in price between $43.01-$44.40 after having opened the day at $43.80 as compared to the previous trading day's close of $43.82. Other companies within the Industrial Goods sector that declined today were: Comstock ( CHCI), down 8.7%, OSI Systems ( OSIS), down 7.6%, Empresas ICA S.A.B. de C.V ( ICA), down 7.5% and Raven Industries ( RAVN), down 7.5%.
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Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. Lennar Corporation has a market cap of $6.9 billion and is part of the materials & construction industry. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are up 13.3% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Lennar Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

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

On the positive front, American Mold Guard Incorporated ( AMGI), down 200.0%, Real Goods Solar ( RSOL), down 50.9%, JinkoSolar ( JKS), down 20.7% and China Ming Yang Wind Power Group ( MY), down 19.9% , were all gainers within the industrial goods sector with Danaher Corporation ( DHR) being today's featured industrial goods sector leader.

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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