Caterpillar Inc (CAT): 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.

Caterpillar ( CAT) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole was unchanged today. By the end of trading, Caterpillar fell $0.96 (-1.1%) to $89.64 on average volume. Throughout the day, 4,774,068 shares of Caterpillar exchanged hands as compared to its average daily volume of 5,213,400 shares. The stock ranged in price between $89.35-$90.82 after having opened the day at $90.59 as compared to the previous trading day's close of $90.60. Other companies within the Industrial industry that declined today were: NF Energy Saving ( NFEC), down 11.9%, Energy Recovery ( ERII), down 6.4%, Allegheny Technologies ( ATI), down 6.3% and Clean Diesel Technologies ( CDTI), down 5.6%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $58.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, China Recycling Energy Corporation ( CREG), up 8.8%, Hollysys Automation Technologies ( HOLI), up 6.7%, Global-Tech Advanced Innovations ( GAI), up 6.2% and Cleantech Solutions International ( CLNT), up 6.2% , were all gainers within the industrial industry with Flowserve Corporation ( FLS) 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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