Ingersoll-Rand PLC (IR): 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.

Ingersoll-Rand ( IR) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 1.4%. By the end of trading, Ingersoll-Rand fell $1.82 (-3.1%) to $57.26 on heavy volume. Throughout the day, 7,640,791 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2,595,800 shares. The stock ranged in price between $57.11-$60.64 after having opened the day at $58.08 as compared to the previous trading day's close of $59.08. Other companies within the Industrial industry that declined today were: PMFG ( PMFG), down 5.5%, Capstone Turbine Corporation ( CPST), down 5.5%, Intellicheck Mobilisa ( IDN), down 5.4% and Proto Labs ( PRLB), down 5.2%.

Ingersoll-Rand Public Limited Company engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $17.2 billion and is part of the industrial goods sector. Shares are down 4.1% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Ingersoll-Rand as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Ocean Power Technologies ( OPTT), up 53.6%, ZBB Energy Corporation ( ZBB), up 28.3%, China BAK Battery ( CBAK), up 15.4% and IntriCon Corporation ( IIN), up 10.0% , were all gainers within the industrial industry with Honeywell International ( HON) 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.

If you liked this article you might like

These Stocks Are Ready to Reverse Course

The Stock Market Is on Fire, Especially in These Sectors: Market Recon

Ingersoll-Rand Is on the Run

With Activist Investor Trian Lurking, Expect M&A Activity at General Electric Under New CEO Flannery

Ingersoll-Rand Continues to Run, but Ready to Rest