Chart Industries Inc. (GTLS): Today's Featured Industrial Goods 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.

Chart Industries ( GTLS) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Chart Industries fell $1.96 (-1.7%) to $110.70 on light volume. Throughout the day, 244,189 shares of Chart Industries exchanged hands as compared to its average daily volume of 327,800 shares. The stock ranged in price between $110.17-$112.97 after having opened the day at $112.85 as compared to the previous trading day's close of $112.66. Other companies within the Industrial Goods sector that declined today were: IntriCon Corporation ( IIN), down 18.8%, Capstone Turbine Corporation ( CPST), down 14.7%, Vertex Energy ( VTNR), down 8.5% and Coleman Cable ( CCIX), down 7.6%.

Chart Industries, Inc. manufactures and supplies engineered equipment used in the production, storage, and end-use of hydrocarbon and industrial gases in the United States, the Czech Republic, China, Germany, and internationally. Chart Industries has a market cap of $3.4 billion and is part of the industrial industry. Shares are up 66.7% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Chart Industries a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Chart Industries as a buy. 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Middleby Corporation ( MIDD), up 13.1%, Research Frontiers ( REFR), up 12.1%, Real Goods Solar ( RSOL), up 10.1% and Olympic Steel ( ZEUS), up 9.3% , were all gainers within the industrial goods sector with Allegheny Technologies ( ATI) 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).

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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