United Technologies Corp (UTX): 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.

United Technologies ( UTX) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 1.0%. By the end of trading, United Technologies fell $1.28 (-1.1%) to $114.84 on average volume. Throughout the day, 3,987,777 shares of United Technologies exchanged hands as compared to its average daily volume of 2,684,000 shares. The stock ranged in price between $114.49-$115.92 after having opened the day at $115.08 as compared to the previous trading day's close of $116.12. Other companies within the Industrial industry that declined today were: Hydrogenics Corporation ( HYGS), down 7.8%, Power Solutions International ( PSIX), down 7.6%, Energy Recovery ( ERII), down 7.2% and Briggs & Stratton Corporation ( BGG), down 6.7%.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $105.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are up 2.0% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate United Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.

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

On the positive front, Bonso Electronics International ( BNSO), up 50.3%, UQM Technologies ( UQM), up 8.3%, WSI Industries ( WSCI), up 3.8% and Shiloh Industries ( SHLO), up 3.6%.

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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