Colfax Corporation (CFX): 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.

Colfax Corporation ( CFX) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Colfax Corporation fell $1.02 (-1.4%) to $71.13 on heavy volume. Throughout the day, 1,127,078 shares of Colfax Corporation exchanged hands as compared to its average daily volume of 579,000 shares. The stock ranged in price between $70.69-$72.37 after having opened the day at $72.02 as compared to the previous trading day's close of $72.15. Other companies within the Industrial industry that declined today were: Altair Nanotechnologies ( ALTI), down 11.2%, ZBB Energy Corporation ( ZBB), down 8.7%, UQM Technologies ( UQM), down 8.4% and Euro Tech Holdings Company ( CLWT), down 8.2%.

Colfax Corporation, a diversified industrial manufacturing and engineering company, provides gas-and fluid-handling and fabrication technology products and services to commercial and governmental customers worldwide. Colfax Corporation has a market cap of $8.7 billion and is part of the industrial goods sector. Shares are up 13.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Colfax Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Colfax Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, China Ming Yang Wind Power Group ( MY), up 25.0%, China BAK Battery ( CBAK), up 22.9%, Highpower International ( HPJ), up 22.8% and Arotech Corporation ( ARTX), up 13.7% , were all gainers within the industrial industry with Deere ( DE) 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.

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