Joy Global Inc. (JOY): Today's Featured Industrial Winner

Joy Global ( JOY) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.3%. By the end of trading, Joy Global rose $0.60 (1.2%) to $52.18 on light volume. Throughout the day, 1,334,839 shares of Joy Global exchanged hands as compared to its average daily volume of 2,045,600 shares. The stock ranged in a price between $51.65-$52.24 after having opened the day at $51.82 as compared to the previous trading day's close of $51.58. Other companies within the Industrial industry that increased today were: GreenHunter Resources ( GRH), up 9.4%, Metalico ( MEA), up 8.6%, Intellicheck Mobilisa ( IDN), up 6.4% and Broadwind Energy ( BWEN), up 5.1%.

Joy Global Inc. engages in the manufacture and servicing of mining equipment for the extraction of coal, copper, iron ore, oil sands, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. Joy Global has a market cap of $5.5 billion and is part of the industrial goods sector. Shares are down 19.2% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Joy Global a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Joy Global as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and feeble growth in the company's earnings per share.

On the negative front, China Valves Technology ( CVVT), down 27.8%, ExOne ( XONE), down 12.2%, Arotech Corporation ( ARTX), down 8.8% and Tecumseh Products Company ( TECUB), down 6.8% , were all laggards within the industrial industry with Cummins ( CMI) 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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