Avery Dennison Corp (AVY): 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.

Avery Dennison ( AVY) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 0.4%. By the end of trading, Avery Dennison rose $1.17 (2.4%) to $49.06 on heavy volume. Throughout the day, 1,264,330 shares of Avery Dennison exchanged hands as compared to its average daily volume of 811,900 shares. The stock ranged in a price between $47.82-$49.15 after having opened the day at $47.98 as compared to the previous trading day's close of $47.89. Other companies within the Industrial industry that increased today were: Intellicheck Mobilisa ( IDN), up 33.5%, Hallwood Group ( HWG), up 27.9%, Ballard Power Systems ( BLDP), up 9.3% and CUI Global ( CUI), up 7.8%.

Avery Dennison Corporation engages in the production and sale of pressure-sensitive materials worldwide. Its Pressure-sensitive Materials segment offers pressure-sensitive label and packaging materials, graphics and graphic films, reflective products, and tapes and performance polymers. Avery Dennison has a market cap of $4.6 billion and is part of the consumer goods sector. Shares are down 4.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Avery Dennison a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Avery Dennison as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, IntriCon Corporation ( IIN), down 10.6%, PMFG ( PMFG), down 7.4%, Bonso Electronics International ( BNSO), down 6.0% and Lindsay ( LNN), down 4.4% , were all laggards within the industrial industry with Illinois Tool Works ( ITW) 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).

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