PulteGroup Inc (PHM): Today's Featured Industrial Goods Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

PulteGroup ( PHM) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 0.3%. By the end of trading, PulteGroup fell $0.22 (-1.1%) to $19.14 on average volume. Throughout the day, 7,771,334 shares of PulteGroup exchanged hands as compared to its average daily volume of 9,637,100 shares. The stock ranged in price between $18.87-$19.50 after having opened the day at $19.35 as compared to the previous trading day's close of $19.36. Other companies within the Industrial Goods sector that declined today were: Tower International ( TOWR), down 13.7%, India Globalization Capital ( IGC), down 12.9%, China Valves Technology ( CVVT), down 12.4% and Tri-Tech ( TRIT), down 5.8%.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $7.4 billion and is part of the materials & construction industry. Shares are up 6.6% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate PulteGroup a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates PulteGroup as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, GreenHunter Resources ( GRH), up 22.3%, IntriCon Corporation ( IIN), up 10.8%, MagneGas Corporation ( MNGA), up 10.8% and JinkoSolar ( JKS), up 10.6% , were all gainers within the industrial goods sector with Allegheny Technologies ( ATI) being today's featured industrial goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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