Joy Global Inc. (JOY): 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.

Joy Global ( JOY) 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, Joy Global rose $0.81 (1.6%) to $51.96 on average volume. Throughout the day, 1,910,176 shares of Joy Global exchanged hands as compared to its average daily volume of 1,982,700 shares. The stock ranged in a price between $50.25-$52.28 after having opened the day at $51.19 as compared to the previous trading day's close of $51.15. Other companies within the Industrial industry that increased today were: Euro Tech Holdings Company ( CLWT), up 9.8%, JinkoSolar ( JKS), up 7.4%, Daktronics ( DAKT), up 6.0% and John Bean Technologies Corporation ( JBT), up 5.5%.

Joy Global Inc. engages in the manufacture and servicing of mining equipment for the extraction of coal, copper, iron ore, oil sands, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. Joy Global has a market cap of $5.6 billion and is part of the industrial goods sector. Shares are down 19.8% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Joy Global a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Joy Global as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, unimpressive growth in net income and a generally disappointing performance in the stock itself.

On the negative front, Ballard Power Systems ( BLDP), down 10.1%, China BAK Battery ( CBAK), down 9.6%, China Recycling Energy Corporation ( CREG), down 7.4% and IntriCon Corporation ( IIN), down 6.5% , were all laggards within the industrial industry with Xylem ( XYL) being today's industrial industry laggard.

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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