Colfax Corporation (CFX): Today's Featured Industrial Winner

Colfax Corporation ( CFX) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.2%. By the end of trading, Colfax Corporation rose $1.33 (2.6%) to $52.34 on light volume. Throughout the day, 510,195 shares of Colfax Corporation exchanged hands as compared to its average daily volume of 874,000 shares. The stock ranged in a price between $51.09-$52.53 after having opened the day at $51.18 as compared to the previous trading day's close of $51.01. Other companies within the Industrial industry that increased today were: China Recycling Energy Corporation ( CREG), up 10.2%, Asia Pacific Wire & Cable Corp ( APWC), up 4.2%, Energy Recovery ( ERII), up 4.1% and THT Heat Transfer Technology ( THTI), up 2.7%.

Colfax Corporation, a diversified industrial manufacturing and engineering company, provides gas- and fluid-handling and fabrication technology products and services to commercial and governmental customers worldwide. Colfax Corporation has a market cap of $5.2 billion and is part of the industrial goods sector. Shares are up 26.2% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Colfax Corporation a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Colfax Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, 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 low profit margins.

On the negative front, Edwards Group ( EVAC), down 4.8%, CVD Equipment Corporation ( CVV), down 4.5%, Arotech Corporation ( ARTX), down 3.4% and Ecotality ( ECTY), down 3.3% , were all laggards within the industrial industry with 3D Systems Corporation ( DDD) 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.

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