Ingersoll-Rand PLC (IR): 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.

Ingersoll-Rand ( IR) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Ingersoll-Rand fell $0.71 (-1.1%) to $64.79 on light volume. Throughout the day, 1,077,498 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 1,717,600 shares. The stock ranged in price between $64.39-$65.59 after having opened the day at $65.47 as compared to the previous trading day's close of $65.50. Other companies within the Industrial industry that declined today were: 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%.

Ingersoll-Rand plc engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $19.0 billion and is part of the industrial goods sector. Shares are up 36.4% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and 9 rate it a hold.

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

On the positive front, 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% , were all gainers within the industrial industry with Proto Labs ( PRLB) 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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