Chart Industries Inc. (GTLS): 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.

Chart Industries ( GTLS) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Chart Industries fell $2.86 (-2.2%) to $126.79 on average volume. Throughout the day, 309,086 shares of Chart Industries exchanged hands as compared to its average daily volume of 267,100 shares. The stock ranged in price between $126.72-$130.85 after having opened the day at $129.50 as compared to the previous trading day's close of $129.65. Other companies within the Industrial industry that declined today were: Ballard Power Systems ( BLDP), down 15.4%, Intellicheck Mobilisa ( IDN), down 11.0%, Exide Technologies ( XIDE), down 10.8% and Twin Disc ( TWIN), down 4.0%.

Chart Industries, Inc. manufactures and supplies engineered equipment used in the production, storage, and end-use of hydrocarbon and industrial gases in the United States, the Czech Republic, China, Germany, and internationally. Chart Industries has a market cap of $3.7 billion and is part of the industrial goods sector. Shares are up 83.2% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Chart Industries a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Chart Industries as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, China Valves Technology ( CVVT), up 28.9%, Altair Nanotechnologies ( ALTI), up 19.7%, Adept Technology ( ADEP), up 13.5% and Hollysys Automation Technologies ( HOLI), up 8.0% , were all gainers within the industrial industry with Eaton Corporation ( ETN) 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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