Ingersoll-Rand PLC (IR): 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.

Ingersoll-Rand ( IR) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 0.5%. By the end of trading, Ingersoll-Rand rose $1.86 (3.2%) to $59.85 on heavy volume. Throughout the day, 6,110,242 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2,773,800 shares. The stock ranged in a price between $59.03-$60.66 after having opened the day at $59.13 as compared to the previous trading day's close of $57.99. Other companies within the Industrial industry that increased today were: Woodward ( WWD), up 7.5%, NF Energy Saving ( NFEC), up 6.0%, MFRI ( MFRI), up 4.4% and ARC Group Worldwide ( ARCW), up 3.6%.

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 $16.0 billion and is part of the industrial goods sector. Shares are down 5.9% year to date as of the close of trading on Tuesday. 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. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Valmont Industries ( VMI), down 6.9%, China BAK Battery ( CBAK), down 6.2%, Intellicheck Mobilisa ( IDN), down 5.3% and Lincoln Electric Holdings ( LECO), down 4.9% , were all laggards within the industrial industry with Avery Dennison ( AVY) 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).

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