Flowserve Corporation (FLS): 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.

Flowserve Corporation ( FLS) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 1.1%. By the end of trading, Flowserve Corporation rose $4.32 (5.7%) to $80.60 on heavy volume. Throughout the day, 3,274,464 shares of Flowserve Corporation exchanged hands as compared to its average daily volume of 1,168,500 shares. The stock ranged in a price between $76.67-$82.02 after having opened the day at $76.67 as compared to the previous trading day's close of $76.28. Other companies within the Industrial industry that increased today were: Zebra Technologies Corporation ( ZBRA), up 14.3%, Bonso Electronics International ( BNSO), up 5.7%, China BAK Battery ( CBAK), up 2.6% and Hydrogenics Corporation ( HYGS), up 2.5%.

Flowserve Corporation engages in the design, manufacture, distribution, and service of industrial flow management equipment. Flowserve Corporation has a market cap of $10.7 billion and is part of the industrial goods sector. Shares are down 3.0% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Flowserve Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Flowserve Corporation 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, increase in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Arotech Corporation ( ARTX), down 7.5%, Euro Tech Holdings Company ( CLWT), down 7.2%, Tenaris ( TS), down 6.8% and Handy & Harman ( HNH), down 5.3% , were all laggards within the industrial industry with Pentair ( PNR) 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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