Stratasys Ltd (SSYS): 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

Stratasys ( SSYS) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.7%. By the end of trading, Stratasys rose $0.92 (1.1%) to $84.16 on light volume. Throughout the day, 496,443 shares of Stratasys exchanged hands as compared to its average daily volume of 671,200 shares. The stock ranged in a price between $83.42-$86.40 after having opened the day at $83.47 as compared to the previous trading day's close of $83.24. Other companies within the Industrial Goods sector that increased today were: LGL Group ( LGL), up 16.5%, Breeze-Eastern Corporation ( BZC), up 8.9%, Hydrogenics Corporation ( HYGS), up 7.4% and Bonso Electronics International ( BNSO), up 6.4%.
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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 $3.2 billion and is part of the computer hardware industry. The company has a P/E ratio of 141.1, above the S&P 500 P/E ratio of 17.7. Shares are up 3.9% year to date as of the close of trading on Thursday. 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, NF Energy Saving ( NFEC), down 10.1%, Capstone Turbine Corporation ( CPST), down 9.4%, China Advanced Construction Materials Group ( CADC), down 9.3% and Gafisa ( GFA), down 8.8% , were all laggards within the industrial goods sector with Louisiana-Pacific ( LPX) 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).

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