Ingersoll-Rand PLC (IR): 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.

Ingersoll-Rand ( IR) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Ingersoll-Rand fell $0.82 (-1.4%) to $55.70 on heavy volume. Throughout the day, 5,730,627 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2,419,700 shares. The stock ranged in price between $54.40-$56.16 after having opened the day at $56.09 as compared to the previous trading day's close of $56.52. Other companies within the Industrial industry that declined today were: China Ming Yang Wind Power Group ( MY), down 11.0%, Altair Nanotechnologies ( ALTI), down 10.8%, China BAK Battery ( CBAK), down 8.7% and PMFG ( PMFG), down 8.0%.

Ingersoll-Rand plc, together with its subsidiaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products in the United States and internationally. It operates through Climate and Industrial segments. Ingersoll-Rand has a market cap of $16.1 billion and is part of the industrial goods sector. Shares are down 8.2% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Ingersoll-Rand a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Ingersoll-Rand as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Active Power ( ACPW), up 6.3%, Broadwind Energy ( BWEN), up 5.3%, Ballard Power Systems ( BLDP), up 5.0% and Lindsay ( LNN), up 4.4% , were all gainers within the industrial industry with Dresser-Rand Group ( DRC) 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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