Sturm Ruger & Company (RGR): Today's Featured Aerospace/Defense 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.

Sturm Ruger & Company ( RGR) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day up 1.8%. By the end of trading, Sturm Ruger & Company fell $1.91 (-2.9%) to $63.11 on average volume. Throughout the day, 360,294 shares of Sturm Ruger & Company exchanged hands as compared to its average daily volume of 439,700 shares. The stock ranged in price between $62.67-$65.60 after having opened the day at $65.44 as compared to the previous trading day's close of $65.02. Another company within the Aerospace/Defense industry that decreased today was Elbit Systems ( ESLT), down 2.4%.

Sturm, Ruger & Company, Inc. designs, manufactures, and sells firearms in the United States. Sturm Ruger & Company has a market cap of $1.2 billion and is part of the industrial goods sector. Shares are down 11.0% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Sturm Ruger & Company a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sturm Ruger & Company 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, solid stock price performance, reasonable valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Astrotech Corporation ( ASTC), up 7.2%, AAR Corporation ( AIR), up 5.4%, Acorn Energy ( ACFN), up 5.1% and Frontline ( FRO), up 3.9% , were all gainers within the aerospace/defense industry with Honeywell International ( HON) being today's featured aerospace/defense industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry 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.

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