Chart Industries Inc (GTLS): 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.

Chart Industries ( GTLS) pushed the Industrial industry higher today making it today's featured industrial winner. The industry as a whole closed the day down 1.1%. By the end of trading, Chart Industries rose $1.80 (2.5%) to $73.73 on heavy volume. Throughout the day, 933,779 shares of Chart Industries exchanged hands as compared to its average daily volume of 546,300 shares. The stock ranged in a price between $71.45-$75.74 after having opened the day at $71.91 as compared to the previous trading day's close of $71.93. Other companies within the Industrial industry that increased today were: ZBB Energy ( ZBB), up 20.2%, NN ( NNBR), up 9.2%, 3D Systems ( DDD), up 5.0% and Standex International ( SXI), up 3.5%.

Chart Industries, Inc. manufactures and sells engineered equipment for the production, storage, and end-use of hydrocarbon and industrial gases worldwide. The company operates in three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S), and BioMedical. Chart Industries has a market cap of $2.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 28.8, above the S&P 500 P/E ratio of 17.7. Shares are down 24.8% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Chart Industries a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Chart Industries 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 good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Capstone Turbine ( CPST), down 14.7%, American DG Energy ( ADGE), down 10.6%, Ballard Power Systems ( BLDP), down 7.8% and Arotech ( ARTX), down 7.5% , were all laggards within the industrial industry with Honeywell International ( HON) 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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