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

Stratasys ( SSYS) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.5%. By the end of trading, Stratasys rose $4.22 (4.0%) to $110.04 on average volume. Throughout the day, 1,176,903 shares of Stratasys exchanged hands as compared to its average daily volume of 813,400 shares. The stock ranged in a price between $108.21-$113.49 after having opened the day at $108.37 as compared to the previous trading day's close of $105.82. Other companies within the Industrial Goods sector that increased today were: IntriCon Corporation ( IIN), up 36.1%, Astrotech Corporation ( ASTC), up 32.7%, Vertex Energy ( VTNR), up 16.2% and Exide Technologies ( XIDE), up 14.7%.

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 $4.1 billion and is part of the computer hardware industry. Shares are up 32.0% year to date as of the close of trading on Friday. Currently there are 6 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 feeble growth in the company's earnings per share.

On the negative front, Nuverra Environmental Solutions ( NES), down 11.8%, Gafisa ( GFA), down 8.1%, Dixie Group ( DXYN), down 7.9% and Empresas ICA S.A.B. de C.V ( ICA), down 5.3%.

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).

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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