Precision Castparts Corp. (PCP): Today's Featured Industrial Winner

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.

Precision Castparts ( PCP) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 1.0%. By the end of trading, Precision Castparts rose $2.73 (1.1%) to $249.62 on average volume. Throughout the day, 640,912 shares of Precision Castparts exchanged hands as compared to its average daily volume of 586,600 shares. The stock ranged in a price between $245.05-$250.23 after having opened the day at $246.72 as compared to the previous trading day's close of $246.89. Other companies within the Industrial industry that increased today were: Hillenbrand ( HI), up 7.3%, Mueller Water Products ( MWA), up 7.0%, China Ming Yang Wind Power Group ( MY), up 6.0% and China Yuchai International ( CYD), up 5.3%.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $36.0 billion and is part of the industrial goods sector. Shares are down 8.3% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Precision Castparts as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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 negative front, 3D Systems Corporation ( DDD), down 15.4%, ExOne ( XONE), down 11.2%, Allied Motion Technologies ( AMOT), down 10.1% and Bonso Electronics International ( BNSO), down 9.8% , were all laggards within the industrial industry with Stratasys ( SSYS) being today's industrial industry laggard.

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).

3x UPSIDE POTENTIAL: 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

DOW, TJX, GOOGL: Jim Cramer's Views

Cramer: These Are the Times That Try Our Theses

Cramer: Alcoa Shows Astounding Growth in Europe and China

Common Sense Says Market Will Hold Steady

Common Sense Says Market Will Hold Steady

Alcoa Puts 3 Dissidents on Board, Just Meeting Activist's Deadline