United Technologies Corp (UTX): 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

United Technologies ( UTX) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.6%. By the end of trading, United Technologies fell $0.95 (-1.0%) to $94.28 on average volume. Throughout the day, 3,300,858 shares of United Technologies exchanged hands as compared to its average daily volume of 3,267,100 shares. The stock ranged in price between $93.64-$95.42 after having opened the day at $94.89 as compared to the previous trading day's close of $95.23. Other companies within the Industrial industry that declined today were: Capstone Turbine Corporation ( CPST), down 7.0%, CVD Equipment Corporation ( CVV), down 6.7%, Chicago Rivet & Machine ( CVR), down 6.1% and Ballard Power Systems ( BLDP), down 5.7%.
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United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $87.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 16.1% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate United Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, China Valves Technology ( CVVT), down 16.7%, Highpower International ( HPJ), down 7.8%, Hydrogenics Corporation ( HYGS), down 6.7% and China Recycling Energy Corporation ( CREG), down 4.3%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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