Deere & Co (DE): 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.

Deere ( DE) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day up 1.2%. By the end of trading, Deere rose $1.39 (1.5%) to $92.54 on average volume. Throughout the day, 4,386,139 shares of Deere exchanged hands as compared to its average daily volume of 3,068,000 shares. The stock ranged in a price between $91.19-$93.44 after having opened the day at $91.19 as compared to the previous trading day's close of $91.15. Other companies within the Industrial industry that increased today were: LiqTech International ( LIQT), up 18.1%, China Ming Yang Wind Power Group ( MY), up 16.3%, Ballard Power Systems ( BLDP), up 9.1% and Ideal Power ( IPWR), up 8.6%.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. Deere has a market cap of $33.9 billion and is part of the industrial goods sector. Shares are down 0.2% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Deere a buy, 7 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, CVD Equipment Corporation ( CVV), down 4.7%, Nidec Corporation ( NJ), down 4.4%, NF Energy Saving ( NFEC), down 4.2% and THT Heat Transfer Technology ( THTI), down 3.2% , were all laggards within the industrial industry with Precision Castparts ( PCP) 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).

3x UPSIDE POTENTIAL: 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

Dow and S&P 500 Finish Higher for Sixth Straight Day of Gains

Dow and S&P 500 Finish Higher for Sixth Straight Day of Gains

Wall Street Futures Are Upbeat Ahead of Long Weekend

Wall Street Futures Are Upbeat Ahead of Long Weekend

Stocks Explode, Walmart Eyes Stake in India's Flipkart - 5 Things You Must Know

Stocks Explode, Walmart Eyes Stake in India's Flipkart - 5 Things You Must Know

Volatility Is Still in Charge: Cramer's 'Mad Money' Recap (Friday, 2/9/18)

Volatility Is Still in Charge: Cramer's 'Mad Money' Recap (Friday, 2/9/18)

Shutterfly Shares Spike on Earnings; Infrastructure Stocks on the Move -- ICYMI

Shutterfly Shares Spike on Earnings; Infrastructure Stocks on the Move -- ICYMI