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 3.0%. By the end of trading, Emerson Electric fell $1.69 (-2.6%) to $64.25 on heavy volume. Throughout the day, 4,704,868 shares of Emerson Electric exchanged hands as compared to its average daily volume of 2,729,200 shares. The stock ranged in price between $64.18-$66.30 after having opened the day at $65.86 as compared to the previous trading day's close of $65.94. Other companies within the Industrial industry that declined today were: Hydrogenics Corporation ( HYGS), down 7.9%, Tower International ( TOWR), down 7.6%, Handy & Harman ( HNH), down 7.5% and Intellicheck Mobilisa ( IDN), down 7.4%.

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 $46.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are down 6.0% year to date as of the close of trading on Friday. 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 increase in stock price during the past year, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, China Recycling Energy Corporation ( CREG), up 7.2%, THT Heat Transfer Technology ( THTI), up 6.5%, Ideal Power ( IPWR), up 4.7% and GreenHunter Resources ( GRH), up 3.8%.

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.

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