Caterpillar Inc (CAT): 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.

Caterpillar ( CAT) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Caterpillar fell $3.00 (-3.4%) to $84.75 on heavy volume. Throughout the day, 12,471,795 shares of Caterpillar exchanged hands as compared to its average daily volume of 5,828,900 shares. The stock ranged in price between $84.75-$87.65 after having opened the day at $87.61 as compared to the previous trading day's close of $87.75. Other companies within the Industrial industry that declined today were: Exide Technologies ( XIDE), down 31.9%, Highpower International ( HPJ), down 6.7%, THT Heat Transfer Technology ( THTI), down 6.5% and Global Brass & Copper Holdings ( BRSS), down 5.0%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $56.4 billion and is part of the industrial goods sector. Shares are down 2.8% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Energy Recovery ( ERII), up 13.3%, IntriCon Corporation ( IIN), up 11.1%, Zoltek Companies ( ZOLT), up 8.3% and ZBB Energy Corporation ( ZBB), up 8.1% , were all gainers within the industrial industry with Generac Holdings ( GNRC) 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.
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