Ballard Power Systems Inc. (BLDP): Today's Featured Industrial Goods 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.

Ballard Power Systems ( BLDP) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day up 1.1%. By the end of trading, Ballard Power Systems fell $0.43 (-8.3%) to $4.76 on heavy volume. Throughout the day, 13,728,110 shares of Ballard Power Systems exchanged hands as compared to its average daily volume of 8,321,200 shares. The stock ranged in price between $4.74-$5.14 after having opened the day at $5.03 as compared to the previous trading day's close of $5.19. Other companies within the Industrial Goods sector that declined today were: India Globalization Capital ( IGC), down 12.4%, China BAK Battery ( CBAK), down 12.1%, MagneGas Corporation ( MNGA), down 8.7% and THT Heat Transfer Technology ( THTI), down 7.1%.

Ballard Power Systems Inc. engages in the development and commercialization of proton exchange membrane fuel cells worldwide. Ballard Power Systems has a market cap of $626.7 million and is part of the industrial industry. Shares are up 242.6% year to date as of the close of trading on Monday. Currently there are no analysts that rate Ballard Power Systems a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Ballard Power Systems as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow.

On the positive front, Adept Technology ( ADEP), up 15.7%, Highpower International ( HPJ), up 12.9%, JinkoSolar ( JKS), up 8.5% and Preformed Line Products Company ( PLPC), up 8.4% , were all gainers within the industrial goods sector with Fluor Corporation ( FLR) being today's featured industrial goods sector leader.

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).

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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