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 1.4%. By the end of trading, Precision Castparts rose $2.77 (1.0%) to $268.10 on light volume. Throughout the day, 306,474 shares of Precision Castparts exchanged hands as compared to its average daily volume of 544,300 shares. The stock ranged in a price between $265.62-$269.24 after having opened the day at $266.13 as compared to the previous trading day's close of $265.33. Other companies within the Industrial industry that increased today were: Ballard Power Systems ( BLDP), up 33.5%, Clean Diesel Technologies ( CDTI), up 29.8%, Intellicheck Mobilisa ( IDN), up 16.2% and Fuelcell Energy ( FCEL), up 15.2%.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $38.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7. Shares are down 1.5% 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 2 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, IntriCon Corporation ( IIN), down 8.1%, CVD Equipment Corporation ( CVV), down 4.7%, Cleantech Solutions International ( CLNT), down 3.0% and Euro Tech Holdings Company ( CLWT), down 2.1% , were all laggards within the industrial industry with Mohawk Industries ( MHK) 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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