Raytheon Company (RTN): 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.

Raytheon Company ( RTN) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.3%. By the end of trading, Raytheon Company rose $0.91 (1.2%) to $78.48 on average volume. Throughout the day, 1,578,250 shares of Raytheon Company exchanged hands as compared to its average daily volume of 1,963,000 shares. The stock ranged in a price between $77.38-$78.67 after having opened the day at $77.69 as compared to the previous trading day's close of $77.57. Other companies within the Industrial Goods sector that increased today were: LMI Aerospace ( LMIA), up 10.6%, Broadwind Energy ( BWEN), up 9.1%, Real Goods Solar ( RSOL), up 7.2% and JinkoSolar ( JKS), up 6.5%.

Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $25.0 billion and is part of the aerospace/defense industry. Shares are up 34.5% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Raytheon Company a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Arotech Corporation ( ARTX), down 17.4%, UQM Technologies ( UQM), down 7.7%, CVD Equipment Corporation ( CVV), down 7.2% and MagneGas Corporation ( MNGA), down 7.1% , were all laggards within the industrial goods sector with KB Home ( KBH) being today's industrial goods sector laggard.

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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