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Flowserve Corporation ( FLS) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Flowserve Corporation fell $0.81 (-1.4%) to $57.28 on average volume. Throughout the day, 1,276,911 shares of Flowserve Corporation exchanged hands as compared to its average daily volume of 1,062,500 shares. The stock ranged in price between $56.98-$58.00 after having opened the day at $57.95 as compared to the previous trading day's close of $58.09. Other companies within the Industrial Goods sector that declined today were: Homex Development ( HXM), down 15.1%, Integrated Electrical Services ( IESC), down 11.8%, ZBB Energy Corporation ( ZBB), down 11.6% and MRC Global ( MRC), down 11.0%.

Flowserve Corporation engages in the design, manufacture, distribution, and service of industrial flow management equipment. Flowserve Corporation has a market cap of $8.0 billion and is part of the industrial industry. Shares are up 18.7% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Flowserve Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Flowserve Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, China Recycling Energy Corporation ( CREG), up 14.0%, Euro Tech Holdings Company ( CLWT), up 11.5%, PGT ( PGTI), up 7.5% and Mohawk Industries ( MHK), up 7.2% , were all gainers within the industrial goods sector with KB Home ( KBH) 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).

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