General Electric Co (GE): 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.

General Electric ( GE) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.2%. By the end of trading, General Electric fell $0.27 (-1.0%) to $26.81 on average volume. Throughout the day, 29,232,155 shares of General Electric exchanged hands as compared to its average daily volume of 37,951,900 shares. The stock ranged in price between $26.74-$27.17 after having opened the day at $27.14 as compared to the previous trading day's close of $27.08. Other companies within the Industrial industry that declined today were: 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%.

General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $272.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 29.0% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate General Electric a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins 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, 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% , were all gainers within the industrial industry with Ingersoll-Rand ( IR) 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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