United Technologies Corp (UTX): Today's Featured Industrial Winner

United Technologies ( UTX) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.3%. By the end of trading, United Technologies rose $1.20 (1.3%) to $92.98 on light volume. Throughout the day, 2,537,211 shares of United Technologies exchanged hands as compared to its average daily volume of 3,415,100 shares. The stock ranged in a price between $92.14-$93.38 after having opened the day at $92.63 as compared to the previous trading day's close of $91.78. Other companies within the Industrial industry that increased today were: Ballard Power Systems ( BLDP), up 16.1%, JinkoSolar ( JKS), up 11.0%, Fuelcell Energy ( FCEL), up 7.7% and Edwards Group ( EVAC), up 5.6%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $84.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7. Shares are up 11.9% year to date as of the close of trading on Tuesday. 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 negative front, GreenHunter Resources ( GRH), down 7.0%, Cleantech Solutions International ( CLNT), down 5.2%, Clean Diesel Technologies ( CDTI), down 5.0% and NF Energy Saving ( NFEC), down 4.6%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

UTX Stock Gains as CEO Proposes Selling $107 Billion Company for $81 Billion

UTX Stock Gains as CEO Proposes Selling $107 Billion Company for $81 Billion

Jim Cramer: You Have to Decide If You Want to Profit From This Moment

Jim Cramer: You Have to Decide If You Want to Profit From This Moment

Why Honeywell, United Technologies Can Still Blast to New Highs

Why Honeywell, United Technologies Can Still Blast to New Highs

The 3 Hottest Stories on Wall Street Thursday

The 3 Hottest Stories on Wall Street Thursday

3 Dow Stocks to Buy on the Market's Bounce

3 Dow Stocks to Buy on the Market's Bounce