Terex Corp (TEX): Today's Featured Industrial Goods 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.

Terex ( TEX) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.9%. By the end of trading, Terex fell $1.92 (-4.6%) to $39.57 on heavy volume. Throughout the day, 2,988,185 shares of Terex exchanged hands as compared to its average daily volume of 1,563,500 shares. The stock ranged in price between $38.96-$41.17 after having opened the day at $41.15 as compared to the previous trading day's close of $41.49. Other companies within the Industrial Goods sector 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%.

Terex Corporation operates as an equipment manufacturer of specialized machinery products. Terex has a market cap of $4.4 billion and is part of the industrial industry. Shares are down 1.2% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Terex a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Terex 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, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Desarrolladora Homex SAB de CV ADR ( HXM), up 9.8%, Hillenbrand ( HI), up 7.3%, Mueller Water Products ( MWA), up 7.0% and China Ming Yang Wind Power Group ( MY), up 6.0% , were all gainers within the industrial goods sector with Pentair ( PNR) being today's featured industrial goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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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