Stratasys Ltd (SSYS): Today's Featured Industrial 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.

Stratasys ( SSYS) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Stratasys fell $3.22 (-3.3%) to $95.04 on heavy volume. Throughout the day, 1,604,916 shares of Stratasys exchanged hands as compared to its average daily volume of 803,800 shares. The stock ranged in price between $94.76-$97.80 after having opened the day at $97.51 as compared to the previous trading day's close of $98.26. Other companies within the Industrial industry that declined today were: IntriCon Corporation ( IIN), down 18.8%, Capstone Turbine Corporation ( CPST), down 14.7%, Coleman Cable ( CCIX), down 7.6% and Compx International ( CIX), down 6.5%.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $3.3 billion and is part of the technology sector. Shares are up 7.5% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Stratasys as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, Middleby Corporation ( MIDD), up 13.1%, Research Frontiers ( REFR), up 12.1%, Olympic Steel ( ZEUS), up 9.3% and THT Heat Transfer Technology ( THTI), up 8.3% , were all gainers within the industrial industry with Joy Global ( JOY) being today's featured industrial industry leader.

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).

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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