Emerson Electric Co. (EMR): Today's Featured Industrial 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

Emerson Electric ( EMR) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Emerson Electric fell $0.89 (-1.5%) to $57.89 on average volume. Throughout the day, 4,756,820 shares of Emerson Electric exchanged hands as compared to its average daily volume of 3,786,900 shares. The stock ranged in price between $57.63-$58.95 after having opened the day at $58.76 as compared to the previous trading day's close of $58.78. Other companies within the Industrial industry that declined today were: China Ming Yang Wind Power Group ( MY), down 18.6%, JinkoSolar ( JKS), down 9.4%, Ecotality ( ECTY), down 7.5% and Stratasys ( SSYS), down 7.2%.
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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 $42.6 billion and is part of the technology sector. The company has a P/E ratio of 21.0, above the S&P 500 P/E ratio of 17.7. Shares are up 11.0% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Emerson 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, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Cleantech Solutions International ( CLNT), down 159.4%, NF Energy Saving ( NFEC), down 18.6%, China Valves Technology ( CVVT), down 10.0% and Intellicheck Mobilisa ( IDN), down 9.1%.

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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