Emerson Electric Co. (EMR): 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.

Emerson Electric ( EMR) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 1.4%. By the end of trading, Emerson Electric fell $1.19 (-1.9%) to $60.88 on average volume. Throughout the day, 3,284,922 shares of Emerson Electric exchanged hands as compared to its average daily volume of 3,318,900 shares. The stock ranged in price between $60.59-$61.61 after having opened the day at $61.46 as compared to the previous trading day's close of $62.07. Other companies within the Industrial Goods sector that declined today were: China Valves Technology ( CVVT), down 14.3%, Ballard Power Systems ( BLDP), down 9.3%, China Recycling Energy Corporation ( CREG), down 9.1% and Smith & Wesson Holding Corporation ( SWHC), down 7.9%.

Emerson Electric Co., a diversified technology company, engages in designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $44.6 billion and is part of the electronics industry. Shares are up 17.2% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Vertex Energy ( VTNR), up 10.0%, Intellicheck Mobilisa ( IDN), up 8.4%, China Ming Yang Wind Power Group ( MY), up 7.7% and DR Horton ( DHI), up 5.7% , were all gainers within the industrial goods sector with Ryland Group ( RYL) 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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