Timken Company (TKR): 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.

Timken Company ( TKR) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.6%. By the end of trading, Timken Company rose $1.31 (2.2%) to $61.41 on average volume. Throughout the day, 1,069,192 shares of Timken Company exchanged hands as compared to its average daily volume of 746,700 shares. The stock ranged in a price between $59.38-$61.56 after having opened the day at $59.97 as compared to the previous trading day's close of $60.10. Other companies within the Industrial industry that increased today were: Exide Technologies ( XIDE), up 50.4%, Ecotality ( ECTY), up 15.0%, China Yuchai International ( CYD), up 10.5% and IntriCon Corporation ( IIN), up 6.8%.

The Timken Company engineers, manufactures, and markets mechanical components and high-performance steel products worldwide. It operates through four segments: Mobile Industries, Process Industries, Aerospace and Defense, and Steel. Timken Company has a market cap of $5.8 billion and is part of the industrial goods sector. Shares are up 25.7% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Timken Company a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Timken Company 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 reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Bonso Electronics International ( BNSO), down 10.4%, Hydrogenics Corporation ( HYGS), down 5.2%, LGL Group ( LGL), down 4.9% and LSI Industries ( LYTS), down 4.3%.

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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