Precision Castparts Corp. (PCP): 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.

Precision Castparts ( PCP) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.1%. By the end of trading, Precision Castparts rose $4.17 (1.6%) to $261.57 on average volume. Throughout the day, 792,032 shares of Precision Castparts exchanged hands as compared to its average daily volume of 586,800 shares. The stock ranged in a price between $257.62-$261.76 after having opened the day at $259.00 as compared to the previous trading day's close of $257.40. Other companies within the Industrial industry that increased today were: ZBB Energy Corporation ( ZBB), up 58.3%, Broadwind Energy ( BWEN), up 14.9%, Adept Technology ( ADEP), up 11.6% and Euro Tech Holdings Company ( CLWT), up 10.1%.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $36.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7. Shares are up 33.6% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Precision Castparts as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Fuelcell Energy ( FCEL), down 24.2%, Ballard Power Systems ( BLDP), down 8.0%, Highway Holdings ( HIHO), down 7.7% and Altair Nanotechnologies ( ALTI), down 6.3% , were all laggards within the industrial industry with AGCO ( AGCO) 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).

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