FLIR Systems Inc. (FLIR): Today's Featured Aerospace/Defense 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.

FLIR Systems ( FLIR) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.1%. By the end of trading, FLIR Systems rose $0.95 (2.9%) to $34.14 on average volume. Throughout the day, 1,488,427 shares of FLIR Systems exchanged hands as compared to its average daily volume of 1,148,600 shares. The stock ranged in a price between $33.08-$34.28 after having opened the day at $33.21 as compared to the previous trading day's close of $33.19. Other companies within the Aerospace/Defense industry that increased today were: Ducommun ( DCO), up 6.3%, Frontline ( FRO), up 4.5%, Air Industries Group ( AIRI), up 3.6% and AAR Corporation ( AIR), up 3.0%.

FLIR Systems, Inc. designs, manufactures, and markets thermal imaging systems worldwide. The company operates in five segments: Thermal Vision & Measurement (TVM), Raymarine, Surveillance, Detection, and Integrated Systems. FLIR Systems has a market cap of $4.7 billion and is part of the industrial goods sector. Shares are up 10.3% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate FLIR Systems a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates FLIR Systems 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, expanding profit margins 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 negative front, Taser International ( TASR), down 6.2%, Micronet Enertec Technologies ( MICT), down 4.5%, Acorn Energy ( ACFN), down 2.6% and Smith & Wesson Holding Corporation ( SWHC), down 2.3%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry 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.

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