Chart Industries Inc. (GTLS): 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.

Chart Industries ( GTLS) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Chart Industries fell $1.66 (-1.8%) to $92.19 on average volume. Throughout the day, 526,697 shares of Chart Industries exchanged hands as compared to its average daily volume of 612,200 shares. The stock ranged in price between $90.91-$94.98 after having opened the day at $94.49 as compared to the previous trading day's close of $93.85. Other companies within the Industrial industry that declined today were: Intellicheck Mobilisa ( IDN), down 10.0%, China BAK Battery ( CBAK), down 9.4%, Ballard Power Systems ( BLDP), down 8.4% and China Recycling Energy Corporation ( CREG), down 7.3%.

Chart Industries, Inc. manufactures and supplies engineered equipment used in the production, storage, and end-use of hydrocarbon and industrial gases in the United States, the Czech Republic, China, Germany, and internationally. Chart Industries has a market cap of $2.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 35.8, above the S&P 500 P/E ratio of 17.7. Shares are down 1.9% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Chart Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Chart Industries as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Clean Diesel Technologies ( CDTI), up 21.6%, Material Sciences Corporation ( MASC), up 13.5%, Highpower International ( HPJ), up 12.9% and Broadwind Energy ( BWEN), up 10.9% , were all gainers within the industrial industry with Danaher Corporation ( DHR) 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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