Caterpillar Inc (CAT): Today's Featured Industrial Goods 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.

Caterpillar ( CAT) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 1.3%. By the end of trading, Caterpillar rose $1.87 (2.0%) to $93.83 on average volume. Throughout the day, 5,990,511 shares of Caterpillar exchanged hands as compared to its average daily volume of 5,752,300 shares. The stock ranged in a price between $91.79-$94.23 after having opened the day at $91.94 as compared to the previous trading day's close of $91.96. Other companies within the Industrial Goods sector that increased today were: Matrix Service Company ( MTRX), up 29.8%, USG ( USG), up 13.4%, EnerSys ( ENS), up 9.3% and Vulcan Materials Company ( VMC), up 9.1%.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $58.9 billion and is part of the industrial industry. Shares are up 1.3% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, reasonable valuation levels, good cash flow from operations, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Spirit AeroSystems Holdings ( SPR), down 19.6%, Euro Tech Holdings Company ( CLWT), down 6.8%, Arotech Corporation ( ARTX), down 5.5% and GreenHunter Resources ( GRH), down 5.4%.

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).

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