DR Horton Inc (DHI): 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.

DR Horton ( DHI) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.1%. By the end of trading, DR Horton rose $0.32 (1.4%) to $23.65 on light volume. Throughout the day, 5,138,250 shares of DR Horton exchanged hands as compared to its average daily volume of 6,968,500 shares. The stock ranged in a price between $23.35-$23.95 after having opened the day at $23.42 as compared to the previous trading day's close of $23.33. Other companies within the Industrial Goods sector that increased today were: Intellicheck Mobilisa ( IDN), up 20.8%, Tile Shop Holdings ( TTS), up 13.9%, Vertex Energy ( VTNR), up 12.8% and Industrial Services of America ( IDSA), up 10.6%.

D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 78 markets in the United States under the D.R. Horton, America's Builder, Emerald Homes, and Breland Homes. DR Horton has a market cap of $7.5 billion and is part of the materials & construction industry. Shares are up 3.8% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate DR Horton a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, MRC Global ( MRC), down 15.4%, Interface ( TILE), down 7.3%, IntriCon Corporation ( IIN), down 6.4% and Integrated Electrical Services ( IESC), down 5.9% , were all laggards within the industrial goods sector with Valmont Industries ( VMI) being today's industrial goods sector laggard.

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).

3x UPSIDE POTENTIAL: 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

8 Stocks That Are Ready to Change Direction

8 Stocks That Are Ready to Change Direction

Housing Stocks Fall as 10-year Bond Yields Hit Highest in Nearly 4 Years

Housing Stocks Fall as 10-year Bond Yields Hit Highest in Nearly 4 Years

Feed the Beast: Cramer's 'Mad Money' Recap (Thursday 1/4/18)

Feed the Beast: Cramer's 'Mad Money' Recap (Thursday 1/4/18)

Cramer: 2017 Was a Year of Resurrection and Revival

Cramer: 2017 Was a Year of Resurrection and Revival

Homebuilder ETFs Oddly Spike After Janet Yellen Hikes Rates

Homebuilder ETFs Oddly Spike After Janet Yellen Hikes Rates