Rockwell Collins Inc. (COL): Today's Featured Aerospace/Defense 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.

Rockwell Collins ( COL) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Rockwell Collins fell $1.53 (-2.2%) to $67.72 on heavy volume. Throughout the day, 1,261,996 shares of Rockwell Collins exchanged hands as compared to its average daily volume of 778,200 shares. The stock ranged in price between $67.33-$68.85 after having opened the day at $68.85 as compared to the previous trading day's close of $69.25. Other companies within the Aerospace/Defense industry that declined today were: Acorn Energy ( ACFN), down 6.7%, Heico Corporation ( HEI.A), down 3.5%, Heico Corporation ( HEI), down 2.5% and United Technologies ( UTX), down 2.2%.

Rockwell Collins, Inc. designs, produces, and supports communications and aviation electronics for commercial and military customers worldwide. It operates in two segments, Government Systems and Commercial Systems. Rockwell Collins has a market cap of $9.4 billion and is part of the industrial goods sector. Shares are up 19.3% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Rockwell Collins a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Rockwell Collins as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, expanding profit margins, largely solid financial position with reasonable debt levels by most measures 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, Taser International ( TASR), up 4.5%, Erickson Air-Crane ( EAC), up 4.3%, Sifco Industries ( SIF), up 3.8% and CPI Aerostructures ( CVU), up 2.1%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry 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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