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

United Technologies ( UTX) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.0%. By the end of trading, United Technologies rose $1.80 (1.9%) to $96.53 on average volume. Throughout the day, 2,639,447 shares of United Technologies exchanged hands as compared to its average daily volume of 3,475,700 shares. The stock ranged in a price between $95.42-$96.63 after having opened the day at $95.50 as compared to the previous trading day's close of $94.73. Other companies within the Industrial Goods sector that increased today were: JinkoSolar ( JKS), up 14.8%, China BAK Battery ( CBAK), up 14.3%, China Recycling Energy Corporation ( CREG), up 14.0% and China Ming Yang Wind Power Group ( MY), up 9.6%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $86.2 billion and is part of the industrial industry. Shares are up 15.5% year to date as of the close of trading on Wednesday. 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, revenue growth, solid stock price performance, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Arotech Corporation ( ARTX), down 11.6%, China Valves Technology ( CVVT), down 7.1%, Integrated Electrical Services ( IESC), down 6.7% and M.D.C. Holdings ( MDC), down 6.7% , were all laggards within the industrial goods sector with Toll Brothers ( TOL) 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).

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