Deere & Co (DE): Today's Featured Industrial Winner

Deere ( DE) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 1.1%. By the end of trading, Deere rose $2.56 (3.1%) to $83.91 on heavy volume. Throughout the day, 5,967,757 shares of Deere exchanged hands as compared to its average daily volume of 3,114,100 shares. The stock ranged in a price between $81.41-$84.36 after having opened the day at $81.94 as compared to the previous trading day's close of $81.35. Other companies within the Industrial industry that increased today were: China Recycling Energy Corporation ( CREG), up 16.2%, GreenHunter Resources ( GRH), up 11.1%, Clean Diesel Technologies ( CDTI), up 9.6% and NF Energy Saving ( NFEC), up 9.3%.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $31.6 billion and is part of the industrial goods sector. Shares are down 5.9% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Deere a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, JinkoSolar ( JKS), down 10.6%, Intellicheck Mobilisa ( IDN), down 9.7%, UQM Technologies ( UQM), down 6.8% and Fuelcell Energy ( FCEL), down 4.3% , were all laggards within the industrial industry with Stratasys ( SSYS) 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

Dow Tumbles as Trump Calls Off North Korea Summit

Dow Tumbles as Trump Calls Off North Korea Summit

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Stocks Could Easily Crater Into Memorial Day Weekend

Stocks Could Easily Crater Into Memorial Day Weekend

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio