Precision Castparts Corp. (PCP): 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.

Precision Castparts ( PCP) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.3%. By the end of trading, Precision Castparts rose $5.85 (2.3%) to $256.17 on average volume. Throughout the day, 755,255 shares of Precision Castparts exchanged hands as compared to its average daily volume of 672,200 shares. The stock ranged in a price between $251.57-$256.78 after having opened the day at $256.32 as compared to the previous trading day's close of $250.32. Other companies within the Industrial industry that increased today were: China Recycling Energy Corporation ( CREG), up 13.9%, Adept Technology ( ADEP), up 8.2%, Ideal Power ( IPWR), up 7.5% and WSI Industries ( WSCI), up 7.2%.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $37.1 billion and is part of the industrial goods sector. Shares are down 7.0% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Precision Castparts as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, ExOne ( XONE), down 9.9%, Intellicheck Mobilisa ( IDN), down 9.1%, Fuelcell Energy ( FCEL), down 8.7% and THT Heat Transfer Technology ( THTI), down 7.7% , were all laggards within the industrial industry with Mohawk Industries ( MHK) 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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