Stratasys Ltd (SSYS): 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

Stratasys ( SSYS) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.2%. By the end of trading, Stratasys rose $2.01 (2.4%) to $85.93 on average volume. Throughout the day, 812,515 shares of Stratasys exchanged hands as compared to its average daily volume of 798,700 shares. The stock ranged in a price between $81.64-$86.44 after having opened the day at $82.56 as compared to the previous trading day's close of $83.92. Other companies within the Industrial industry that increased today were: Highway Holdings ( HIHO), up 31.6%, Hydrogenics Corporation ( HYGS), up 11.7%, China Ming Yang Wind Power Group ( MY), up 11.1% and China BAK Battery ( CBAK), up 9.6%.
  • 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.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $3.5 billion and is part of the technology sector. The company has a P/E ratio of 155.8, above the S&P 500 P/E ratio of 17.7. Shares are up 12.8% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Stratasys as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.

On the negative front, Cleantech Solutions International ( CLNT), down 14.8%, Continental Materials Corporation ( CUO), down 6.9%, THT Heat Transfer Technology ( THTI), down 6.8% and Intellicheck Mobilisa ( IDN), down 6.7% , were all laggards within the industrial industry with Pentair ( PNR) being today's industrial industry laggard.

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).

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.

null

More from Markets

Stocks Trade Lower as Optimism Wanes Over China Trade Talks

Stocks Trade Lower as Optimism Wanes Over China Trade Talks

Comcast Considering All-Cash Bid for Fox as Disney Battle Heads to the Wire

Comcast Considering All-Cash Bid for Fox as Disney Battle Heads to the Wire

Target's Stock Tanks After Q1 Earnings Miss and Slowing Sales

Target's Stock Tanks After Q1 Earnings Miss and Slowing Sales

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know