AGCO Corp (AGCO): 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.

AGCO ( AGCO) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.1%. By the end of trading, AGCO fell $1.38 (-2.4%) to $56.24 on heavy volume. Throughout the day, 1,778,172 shares of AGCO exchanged hands as compared to its average daily volume of 925,100 shares. The stock ranged in price between $56.14-$57.85 after having opened the day at $57.43 as compared to the previous trading day's close of $57.62. Other companies within the Industrial industry that declined today were: Cleantech Solutions International ( CLNT), down 9.8%, Compx International ( CIX), down 8.6%, Global-Tech Advanced Innovations ( GAI), down 6.9% and China Recycling Energy Corporation ( CREG), down 6.5%.

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. AGCO has a market cap of $5.6 billion and is part of the industrial goods sector. Shares are up 17.3% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate AGCO a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates AGCO as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, China Valves Technology ( CVVT), up 13.7%, Euro Tech Holdings Company ( CLWT), up 11.9%, Highpower International ( HPJ), up 6.9% and Ballard Power Systems ( BLDP), up 6.9% , were all gainers within the industrial industry with Ingersoll-Rand ( IR) 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.

null

More from Markets

Amazon May Become a Theater Near You; Shaich Scoops Zoe's Kitchen -- ICYMI

Amazon May Become a Theater Near You; Shaich Scoops Zoe's Kitchen -- ICYMI

Trump Rants on Earnings Season After Complaints From Buffett, Dimon

Trump Rants on Earnings Season After Complaints From Buffett, Dimon

Dow Trades Higher, Nasdaq Regains Footing as Chipmakers Fall

Dow Trades Higher, Nasdaq Regains Footing as Chipmakers Fall

Here's Why Stock Picking Is Especially Important in the Retail Sector

Here's Why Stock Picking Is Especially Important in the Retail Sector

Tesla Has Lost 15% Since Musk's Take-Private Tweet

Tesla Has Lost 15% Since Musk's Take-Private Tweet