General Electric Co (GE): Today's Featured Industrial 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.

General Electric ( GE) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 1.3%. By the end of trading, General Electric rose $0.25 (1.0%) to $24.62 on average volume. Throughout the day, 31,602,398 shares of General Electric exchanged hands as compared to its average daily volume of 39,362,900 shares. The stock ranged in a price between $24.52-$24.87 after having opened the day at $24.60 as compared to the previous trading day's close of $24.37. Other companies within the Industrial industry that increased today were: Exide Technologies ( XIDE), up 11.5%, NF Energy Saving ( NFEC), up 10.8%, Omega Flex ( OFLX), up 10.2% and ITT ( ITT), up 9.9%.

General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $249.3 billion and is part of the industrial goods sector. Shares are up 16.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate General Electric a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Hydrogenics Corporation ( HYGS), down 19.6%, China Recycling Energy Corporation ( CREG), down 13.7%, GreenHunter Resources ( GRH), down 10.1% and ZBB Energy Corporation ( ZBB), down 7.8%.

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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