Stratasys Ltd (SSYS): 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.

Stratasys ( SSYS) 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, Stratasys fell $7.28 (-6.2%) to $110.75 on heavy volume. Throughout the day, 3,848,989 shares of Stratasys exchanged hands as compared to its average daily volume of 1,207,300 shares. The stock ranged in price between $102.21-$116.12 after having opened the day at $108.06 as compared to the previous trading day's close of $118.03. Other companies within the Industrial industry that declined today were: 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%.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $5.6 billion and is part of the technology sector. Shares are down 12.4% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Stratasys as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.

On the positive front, 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% , were all gainers within the industrial industry with Precision Castparts ( PCP) 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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