Precision Castparts Corp. (PCP): 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.

Precision Castparts ( PCP) pushed the Industrial industry lower today making it today's featured Industrial laggard. The industry as a whole closed the day up 1.2%. By the end of trading, Precision Castparts fell $3.08 (-1.2%) to $246.98 on average volume. Throughout the day, 795,560 shares of Precision Castparts exchanged hands as compared to its average daily volume of 729,100 shares. The stock ranged in price between $246.22-$250.75 after having opened the day at $249.72 as compared to the previous trading day's close of $250.06. Other companies within the Industrial industry that declined today were: 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%.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $36.9 billion and is part of the industrial goods sector. Shares are down 7.1% year to date as of the close of trading on Monday. 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 positive front, 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% , were all gainers within the industrial industry with Deere ( DE) 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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