AGCO Corp (AGCO): 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.

AGCO ( AGCO) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.8%. By the end of trading, AGCO fell $0.73 (-1.4%) to $51.92 on heavy volume. Throughout the day, 3,271,164 shares of AGCO exchanged hands as compared to its average daily volume of 1,268,800 shares. The stock ranged in price between $50.87-$52.65 after having opened the day at $51.80 as compared to the previous trading day's close of $52.65. Other companies within the Industrial industry that declined today were: China Ming Yang Wind Power Group ( MY), down 7.8%, LGL Group ( LGL), down 6.2%, Compx International ( CIX), down 4.7% and Intellicheck Mobilisa ( IDN), down 4.1%.

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. AGCO has a market cap of $5.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are down 11.0% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate AGCO a buy, 3 analysts rate it a sell, and 4 rate it a hold.

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

On the positive front, CVD Equipment Corporation ( CVV), up 13.5%, Xylem ( XYL), up 10.6%, Arotech Corporation ( ARTX), up 8.1% and Allied Motion Technologies ( AMOT), up 6.9% , were all gainers within the industrial industry with Honeywell International ( HON) 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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