Emerson Electric Co. (EMR): 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.

Emerson Electric ( EMR) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 3.3%. By the end of trading, Emerson Electric fell $2.09 (-3.1%) to $65.26 on heavy volume. Throughout the day, 5,518,356 shares of Emerson Electric exchanged hands as compared to its average daily volume of 2,563,600 shares. The stock ranged in price between $65.26-$66.83 after having opened the day at $66.54 as compared to the previous trading day's close of $67.35. Other companies within the Industrial industry that declined today were: Bonso Electronics International ( BNSO), down 15.9%, JinkoSolar ( JKS), down 12.1%, NF Energy Saving ( NFEC), down 11.0% and Broadwind Energy ( BWEN), down 10.5%.

Emerson Electric Co., a diversified technology company, designs and supplies products and technology, and delivers engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $48.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 25.0, above the S&P 500 P/E ratio of 17.7. Shares are down 4.0% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures 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 positive front, Continental Materials Corporation ( CUO), up 4.0%, Hydrogenics Corporation ( HYGS), up 2.6%, Global-Tech Advanced Innovations ( GAI), up 2.3% and Servotronics ( SVT), up 1.8%.

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.

If you liked this article you might like

European Benchmarks Sink Despite Solid Corporate Earnings

Steel Stocks Could Have Up to 50% Upside

Emerson Is Flashing Bullish Signs: 'Off The Charts' With Cramer

Navigating Strong Crosscurrents: Cramer's 'Mad Money' Recap (Tuesday 6/13/17)