PulteGroup Inc (PHM): Today's Featured Industrial Goods 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.

PulteGroup ( PHM) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.0%. By the end of trading, PulteGroup rose $0.80 (4.4%) to $18.95 on average volume. Throughout the day, 10,516,126 shares of PulteGroup exchanged hands as compared to its average daily volume of 9,514,600 shares. The stock ranged in a price between $18.21-$19.10 after having opened the day at $18.24 as compared to the previous trading day's close of $18.15. Other companies within the Industrial Goods sector that increased today were: Intellicheck Mobilisa ( IDN), up 9.8%, Fuel Tech ( FTEK), up 9.1%, Tile Shop Holdings ( TTS), up 8.7% and Dycom Industries ( DY), up 7.6%.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $7.0 billion and is part of the materials & construction industry. The company has a P/E ratio of 2.9, below the S&P 500 P/E ratio of 17.7. Shares are up 0.3% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate PulteGroup a buy, no analysts rate it a sell, and 8 rate it a hold.

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

On the negative front, Tri-Tech ( TRIT), down 5.3%, Mueller Water Products ( MWA), down 4.9%, Highway Holdings ( HIHO), down 4.2% and Ballard Power Systems ( BLDP), down 3.8% , were all laggards within the industrial goods sector with Covanta Holding Corporation ( CVA) being today's industrial goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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