Caterpillar Inc (CAT): Today's Featured Industrial Winner

Caterpillar ( CAT) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.4%. By the end of trading, Caterpillar rose $1.06 (1.3%) to $83.20 on light volume. Throughout the day, 4,547,340 shares of Caterpillar exchanged hands as compared to its average daily volume of 6,772,200 shares. The stock ranged in a price between $82.25-$83.20 after having opened the day at $82.40 as compared to the previous trading day's close of $82.14. Other companies within the Industrial industry that increased today were: China Recycling Energy Corporation ( CREG), up 19.1%, Hydrogenics Corporation ( HYGS), up 9.8%, CVD Equipment Corporation ( CVV), up 8.9% and China Valves Technology ( CVVT), up 7.7%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $53.8 billion and is part of the industrial goods sector. Shares are down 8.3% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, NF Energy Saving ( NFEC), down 12.7%, TriMas Corporation ( TRS), down 7.8%, Dixie Group ( DXYN), down 5.8% and China Ming Yang Wind Power Group ( MY), down 5.5% , were all laggards within the industrial industry with Precision Castparts ( PCP) being today's industrial industry laggard.

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

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec