Manitowoc Co Inc (MTW): 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.

Manitowoc ( MTW) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.3%. By the end of trading, Manitowoc rose $1.05 (4.6%) to $23.99 on heavy volume. Throughout the day, 6,282,596 shares of Manitowoc exchanged hands as compared to its average daily volume of 2,179,800 shares. The stock ranged in a price between $23.50-$24.38 after having opened the day at $23.69 as compared to the previous trading day's close of $22.94. Other companies within the Industrial industry that increased today were: Ideal Power ( IPWR), up 22.3%, China BAK Battery ( CBAK), up 12.8%, Highpower International ( HPJ), up 6.9% and Skullcandy ( SKUL), up 5.9%.

The Manitowoc Company, Inc. engages in the design, manufacture, and sale of cranes and related products, and foodservice equipment worldwide. It operates through two segments, Cranes and Related Products, and Foodservice Equipment. Manitowoc has a market cap of $3.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Manitowoc a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Manitowoc as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. 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 negative front, AZZ ( AZZ), down 13.9%, Intellicheck Mobilisa ( IDN), down 10.7%, Fuelcell Energy ( FCEL), down 8.9% and Powell Industries ( POWL), down 8.6% , were all laggards within the industrial industry with Deere ( DE) 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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