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 Rayonier ( RYN) pushed the Conglomerates sector higher today making it today's featured conglomerates winner. The sector as a whole closed the day down 2.6%. By the end of trading, Rayonier rose $1.23 (2.4%) to $53.33 on heavy volume. Throughout the day, 1,286,764 shares of Rayonier exchanged hands as compared to its average daily volume of 688,000 shares. The stock ranged in a price between $51.85-$53.60 after having opened the day at $52.53 as compared to the previous trading day's close of $52.10. Other companies within the Conglomerates sector that increased today were: Tredegar Corporation ( TG), up 2.0% and Lydall ( LDL), up 1.7%.
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