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Flowserve ( FLS) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole was unchanged today. By the end of trading, Flowserve fell $4.17 (-5.3%) to $73.96 on heavy volume. Throughout the day, 4,151,896 shares of Flowserve exchanged hands as compared to its average daily volume of 1,182,600 shares. The stock ranged in price between $73.01-$77.49 after having opened the day at $77.10 as compared to the previous trading day's close of $78.13. Other companies within the Industrial Goods sector that declined today were: China Recycling Energy ( CREG), down 6.7%, MagneGas ( MNGA), down 6.7%, Electro Scientific Industries ( ESIO), down 6.5% and CVD Equipment ( CVV), down 5.4%.

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment. Flowserve has a market cap of $10.8 billion and is part of the industrial industry. Shares are down 0.9% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Flowserve a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Flowserve as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Vertex Energy ( VTNR), up 10.6%, M/I Homes ( MHO), up 8.7%, Global-Tech Advanced Innovations ( GAI), up 7.4% and Clean Diesel Technologies ( CDTI), up 7.2% , were all gainers within the industrial goods sector with DR Horton ( DHI) being today's featured industrial goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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