Embraer S.A. (ERJ): Today's Featured Industrial Goods Winner

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.

Embraer S.A ( ERJ) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.6%. By the end of trading, Embraer S.A rose $0.41 (1.2%) to $35.71 on average volume. Throughout the day, 1,100,294 shares of Embraer S.A exchanged hands as compared to its average daily volume of 1,042,400 shares. The stock ranged in a price between $35.18-$35.76 after having opened the day at $35.31 as compared to the previous trading day's close of $35.30. Other companies within the Industrial Goods sector that increased today were: Intellicheck Mobilisa ( IDN), up 16.7%, China Recycling Energy Corporation ( CREG), up 14.9%, UQM Technologies ( UQM), up 12.8% and JinkoSolar ( JKS), up 7.4%.

Embraer S.A. primarily develops, produces, and sells jet and turboprop aircrafts for civil and defense aviation markets in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. Embraer S.A has a market cap of $7.0 billion and is part of the aerospace/defense industry. Shares are up 23.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Embraer S.A a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Embraer S.A as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Homex Development ( HXM), down 31.1%, Hardinge ( HDNG), down 6.3%, Energy Recovery ( ERII), down 5.6% and THT Heat Transfer Technology ( THTI), down 5.3% , were all laggards within the industrial goods sector with Chicago Bridge & Iron Company ( CBI) being today's industrial goods sector laggard.

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).

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

Stocks Trade Lower as Rates Continue Rising; Boeing Holds Gains

Stocks Trade Lower as Rates Continue Rising; Boeing Holds Gains

4 Stocks Making Important Moves Wednesday

4 Stocks Making Important Moves Wednesday

Dow Futures Turn Positive After Boeing Earnings Blowout; Twitter Boosts Nasdaq

Dow Futures Turn Positive After Boeing Earnings Blowout; Twitter Boosts Nasdaq

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday

Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday