Stratasys Ltd (SSYS): Today's Featured Industrial Laggard

Stratasys ( SSYS) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Stratasys fell $2.62 (-2.9%) to $87.73 on heavy volume. Throughout the day, 1,202,834 shares of Stratasys exchanged hands as compared to its average daily volume of 722,700 shares. The stock ranged in price between $87.40-$91.00 after having opened the day at $91.00 as compared to the previous trading day's close of $90.35. Other companies within the Industrial industry that declined today were: JinkoSolar ( JKS), down 10.6%, Intellicheck Mobilisa ( IDN), down 9.7%, UQM Technologies ( UQM), down 6.8% and Fuelcell Energy ( FCEL), down 4.3%.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $3.5 billion and is part of the technology sector. Shares are up 13.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Stratasys as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, 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% , were all gainers within the industrial industry with Deere ( DE) being today's featured industrial industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing