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 0.5%. By the end of trading, Ballard Power Systems fell $0.09 (-2.0%) to $4.29 on light volume. Throughout the day, 6,980,794 shares of Ballard Power Systems exchanged hands as compared to its average daily volume of 10,366,200 shares. The stock ranged in price between $4.16-$4.47 after having opened the day at $4.39 as compared to the previous trading day's close of $4.38. Other companies within the Industrial Goods sector that declined today were: China Recycling Energy Corporation ( CREG), down 11.9%, MagneGas Corporation ( MNGA), down 10.6%, India Globalization Capital ( IGC), down 9.4% and WSI Industries ( WSCI), down 6.2%.

Ballard Power Systems Inc. is engaged in the development and commercialization of proton exchange membrane fuel cells worldwide. Ballard Power Systems has a market cap of $459.3 million and is part of the industrial industry. Shares are up 189.1% year to date as of the close of trading on Thursday. 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, Real Goods Solar ( RGSE), up 9.5%, China Ming Yang Wind Power Group ( MY), up 9.0%, Hydrogenics Corporation ( HYGS), up 7.8% and PGT ( PGTI), up 7.3% , were all gainers within the industrial goods sector with Lockheed Martin Corporation ( LMT) 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.

If you liked this article you might like

Market Signals Change of Direction: Cramer's 'Mad Money' Recap (Monday 9/18/17)

U.S. Concrete, Alder Biopharmaceuticals: 'Mad Money' Lightning Round

Amazon Partner Plug Power's Earnings Miss Target, Shares Knocked Down 10%

These Two Stocks Could Be the Next to Sign a Deal Like Plug Power's With Amazon

Amazon Deal Sends Plug Power Shares Soaring