Cummins Inc (CMI): 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.

Cummins ( CMI) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole was unchanged today. By the end of trading, Cummins rose $1.71 (1.2%) to $149.06 on average volume. Throughout the day, 1,920,251 shares of Cummins exchanged hands as compared to its average daily volume of 1,588,800 shares. The stock ranged in a price between $147.38-$149.70 after having opened the day at $148.39 as compared to the previous trading day's close of $147.35. Other companies within the Industrial industry that increased today were: Global-Tech Advanced Innovations ( GAI), up 7.4%, Clean Diesel Technologies ( CDTI), up 7.2%, MFRI ( MFRI), up 7.2% and Timken ( TKR), up 6.5%.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $27.0 billion and is part of the industrial goods sector. Shares are up 4.5% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Cummins a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cummins as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, China Recycling Energy ( CREG), down 6.7%, Electro Scientific Industries ( ESIO), down 6.5%, CVD Equipment ( CVV), down 5.4% and Flowserve ( FLS), down 5.3% , 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

First Leg Down of United Tech; Hurricanes -- Jim Cramer's Top Thoughts

Tesla's New Semi Truck Ultimately Matters a Lot Less Than the Model 3

Cramer: Hurricanes Will Break the Decline of the Auto and Housing Industries

Look Out Tesla, Cummins Just Unveiled its New Electric Truck

Cummins Embarrasses Tesla by Unveiling This Monstrous New Electric Big Rig