FLIR Systems Inc. (FLIR): Today's Featured Aerospace/Defense 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.

FLIR Systems ( FLIR) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day down 1.4%. By the end of trading, FLIR Systems rose $0.66 (2.1%) to $32.36 on heavy volume. Throughout the day, 2,017,442 shares of FLIR Systems exchanged hands as compared to its average daily volume of 1,003,700 shares. The stock ranged in a price between $31.51-$32.38 after having opened the day at $31.52 as compared to the previous trading day's close of $31.70. Other companies within the Aerospace/Defense industry that increased today were: Erickson Air-Crane ( EAC), up 7.6% and Air Industries Group ( AIRI), up 1.9%.

FLIR Systems, Inc. designs, manufactures, and markets thermal imaging systems worldwide. The company operates in five segments: Thermal Vision & Measurement (TVM), Raymarine, Surveillance, Detection, and Integrated Systems. FLIR Systems has a market cap of $4.5 billion and is part of the industrial goods sector. Shares are up 41.5% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate FLIR Systems a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates FLIR Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Taser International ( TASR), down 10.5%, Acorn Energy ( ACFN), down 6.8%, CPI Aerostructures ( CVU), down 6.0% and DigitalGlobe ( DGI), down 3.4% , were all laggards within the aerospace/defense industry with Lockheed Martin Corporation ( LMT) being today's aerospace/defense industry laggard.

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).

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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