Cummins Inc (CMI): 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.

Cummins ( CMI) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 1.2%. By the end of trading, Cummins rose $1.75 (1.2%) to $141.73 on average volume. Throughout the day, 2,224,566 shares of Cummins exchanged hands as compared to its average daily volume of 1,488,700 shares. The stock ranged in a price between $139.82-$141.77 after having opened the day at $140.38 as compared to the previous trading day's close of $139.98. Other companies within the Industrial industry that increased today were: IntriCon Corporation ( IIN), up 12.9%, Franklin Electric ( FELE), up 9.5%, Compx International ( CIX), up 8.0% and Highpower International ( HPJ), up 6.7%.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $26.8 billion and is part of the industrial goods sector. Shares are up 1.5% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Cummins a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Cummins as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, increase in net income and good cash flow from operations. 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, GrafTech International ( GTI), down 9.4%, Polypore International ( PPO), down 8.9%, Calgon Carbon Corporation ( CCC), down 8.1% and China Recycling Energy Corporation ( CREG), down 5.4% , were all laggards within the industrial industry with Proto Labs ( PRLB) 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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