Ingersoll-Rand PLC (IR): 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.

Ingersoll-Rand ( IR) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.2%. By the end of trading, Ingersoll-Rand rose $1.15 (1.7%) to $69.99 on heavy volume. Throughout the day, 3,902,231 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 1,906,100 shares. The stock ranged in a price between $68.97-$70.43 after having opened the day at $69.25 as compared to the previous trading day's close of $68.84. Other companies within the Industrial industry that increased today were: Adept Technology ( ADEP), up 16.0%, Fuel Tech ( FTEK), up 14.0%, Advanced Emissions Solutions ( ADES), up 9.9% and Arotech Corporation ( ARTX), up 6.2%.

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 $19.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 25.2, above the S&P 500 P/E ratio of 17.7. Shares are up 43.5% 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 8 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, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, JinkoSolar ( JKS), down 9.7%, Capstone Turbine Corporation ( CPST), down 3.3%, Intellicheck Mobilisa ( IDN), down 3.2% and Broadwind Energy ( BWEN), down 2.9% , were all laggards within the industrial industry with General Electric ( GE) 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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