Terex Corp (TEX): 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.

Terex ( TEX) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 0.8%. By the end of trading, Terex fell $0.57 (-1.9%) to $29.31 on light volume. Throughout the day, 1,365,249 shares of Terex exchanged hands as compared to its average daily volume of 2,166,200 shares. The stock ranged in price between $29.18-$30.12 after having opened the day at $29.74 as compared to the previous trading day's close of $29.88. Other companies within the Industrial Goods sector that declined today were: CVD Equipment Corporation ( CVV), down 14.8%, India Globalization Capital ( IGC), down 7.2%, China Ming Yang Wind Power Group ( MY), down 6.5% and P & F Industries ( PFIN), down 6.4%.

Terex Corporation operates as an equipment manufacturer of specialized machinery products. Terex has a market cap of $3.4 billion and is part of the industrial industry. Shares are up 5.6% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Terex a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, Ecotality ( ECTY), up 35.0%, Goldfield ( GV), up 11.7%, Industrial Services of America ( IDSA), up 9.6% and Wowjoint Holdings ( BWOW), up 7.1% , were all gainers within the industrial goods sector with B/E Aerospace ( BEAV) 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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