Filed Under: ,
Tickers in this Article: MTW, CSTE, FBHS, NPK, TXI, LII, JHX
So far today, the Nasdaq has climbed 0.5%, the S&P 500 remains relatively unchanged and the Dow is unchanged. The capital goods sector is the category of stocks related to the manufacture or distribution of goods. The sector is diverse, containing companies that manufacture machinery used to create capital goods, electrical equipment, aerospace and defense, engineering and construction projects. It is also referred to as the "industrials sector". Performance in the capital goods sector is sensitive to fluctuations in the business cycle. Because it relies heavily on manufacturing, the sector does well when the economy is booming or expanding. As economic conditions worsen, the demand for capital goods drops off, usually lowering the prices of stocks in the sector.

The biggest movers in the Capital Goods sector (XLI) (+0.3%) are:
CompanyMarket CapPercentage Change
Manitowoc Company (NYSE:MTW)$2.02 billion-6.4%
Caesarstone (Nasdaq:CSTE)$512 million+5%
Fortune Brands Home & Security (NYSE:FBHS)$4.71 billion-4%
National Presto Industries (NYSE:NPK)$550.9 million-3%
Texas Industries (NYSE:TXI)$1.2 billion+2.4%
Lennox International (NYSE:LII)$2.47 billion+2.4%
James Hardie Industries SE (NYSE:JHX)$4.21 billion-1.9%
Beginner's Guide To Thinkorswim Trading Platform

Manitowoc Company (NYSE:MTW) has fallen 6.4% and is currently trading at $14.28 per share. So far today, the company's volume is 6.4 million shares.

Caesarstone (Nasdaq:CSTE) has increased to a share price of $15.64, a 5% rise. So far today, the company's volume is 112,165 shares, whereas yesterday, volume was only 31,181 shares.

After a decline of 4%, Fortune Brands Home & Security (NYSE:FBHS) has hit a share price of $28.14. The company is currently trading a volume of 2.4 million shares. This is two times its average volume over the past three months.

National Presto Industries (NYSE:NPK) is trading at $77.62 per share, down 3%. At 29,139 shares, the company's volume so far today is 1.3 times the average daily volume.

Texas Industries (NYSE:TXI) is currently trading at $43.88 per share, a 2.4% increase. This morning, the company is trading a volume of 580,476 shares.

Lennox International (NYSE:LII) is up 2.4% to reach a current price of $49.65 per share. This morning, 1.1 million shares have been traded, more than yesterday's 574,946 shares.

Slipping 1.9%, James Hardie Industries SE (NYSE:JHX) is currently trading at $47.20 per share. This morning, the company is trading a volume of 3,290 shares. This is 0.1 times the average volume over the last three months.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

comments powered by Disqus

Trading Center