Deere & Co (DE): 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.

Deere ( DE) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Deere fell $1.16 (-1.4%) to $82.71 on average volume. Throughout the day, 2,513,048 shares of Deere exchanged hands as compared to its average daily volume of 3,036,300 shares. The stock ranged in price between $82.20-$83.56 after having opened the day at $83.52 as compared to the previous trading day's close of $83.87. Other companies within the Industrial industry that declined today were: Chicago Rivet & Machine ( CVR), down 14.1%, UQM Technologies ( UQM), down 6.3%, ZBB Energy Corporation ( ZBB), down 6.0% and Altair Nanotechnologies ( ALTI), down 5.5%.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $32.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7. Shares are down 3.0% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Deere a buy, 7 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Ocean Power Technologies ( OPTT), up 8.2%, Ultralife Batteries ( ULBI), up 3.6%, Taylor Devices ( TAYD), up 3.1% and Gencor Industries ( GENC), up 2.9% , were all gainers within the industrial industry with Stratasys ( SSYS) 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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