Proto Labs Inc (PRLB): 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.

Proto Labs ( PRLB) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.4%. By the end of trading, Proto Labs rose $1.00 (1.3%) to $79.28 on average volume. Throughout the day, 608,059 shares of Proto Labs exchanged hands as compared to its average daily volume of 427,500 shares. The stock ranged in a price between $76.88-$79.74 after having opened the day at $78.00 as compared to the previous trading day's close of $78.28. Other companies within the Industrial industry that increased today were: Wowjoint Holdings ( BWOW), up 11.1%, L.S. Starrett Company ( SCX), up 5.6%, H&E Equipment Services ( HEES), up 4.4% and Highpower International ( HPJ), up 4.0%.

Proto Labs, Inc., together with its subsidiaries, manufactures computer numerical control (CNC) machined and injection molded custom parts for prototyping and short-run production. Proto Labs has a market cap of $2.0 billion and is part of the industrial goods sector. Shares are up 97.4% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Proto Labs a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Proto Labs 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 find that the company's return on equity has been disappointing.

On the negative front, Exide Technologies ( XIDE), down 12.1%, Euro Tech Holdings Company ( CLWT), down 10.9%, UQM Technologies ( UQM), down 10.7% and Energy Recovery ( ERII), down 7.8% , were all laggards within the industrial industry with Ingersoll-Rand ( IR) 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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