3 Industrial Goods Stocks Moving The Sector Upward
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.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 10 points (0.1%) at 17,688 as of Friday, March 27, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,747 issues advancing vs. 1,216 declining with 147 unchanged.
The Industrial Goods sector currently sits up 0.1% versus the S&P 500, which is up 0.1%. Top gainers within the sector include
(
), up 18.6%,
(
), up 2.8%,
(
), up 2.4%,
(
), up 1.8% and
(
), up 1.7%. A company within the sector that fell today was
(
), up 0.7%.
TheStreet would like to highlight 3 stocks pushing the sector higher today:
3.
(
) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Lockheed Martin is up $1.00 (0.5%) to $201.56 on average volume. Thus far, 491,487 shares of Lockheed Martin exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $200.24-$201.78 after having opened the day at $200.41 as compared to the previous trading day's close of $200.56.
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Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. Lockheed Martin has a market cap of $62.9 billion and is part of the aerospace/defense industry. Shares are up 4.2% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Lockheed Martin a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Lockheed Martin
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Lockheed Martin Ratings Report
now.
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2. As of noon trading,
(
) is up $0.61 (0.6%) to $102.78 on average volume. Thus far, 1.1 million shares of Honeywell International exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $102.01-$102.94 after having opened the day at $102.11 as compared to the previous trading day's close of $102.17.
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Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $79.6 billion and is part of the industrial industry. Shares are up 2.2% year-to-date as of the close of trading on Thursday. Currently there are 14 analysts who rate Honeywell International a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Honeywell International
as a
. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
Honeywell International Ratings Report
now.
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1. As of noon trading,
(
) is up $1.19 (0.6%) to $211.26 on light volume. Thus far, 254,493 shares of Precision Castparts exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $209.14-$211.42 after having opened the day at $210.58 as compared to the previous trading day's close of $210.07.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Precision Castparts Corp. manufactures and sells metal components and products worldwide. It operates in three segments: Investment Cast Products, Forged Products, and Airframe Products. Precision Castparts has a market cap of $29.7 billion and is part of the industrial industry. Shares are down 12.8% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts who rate Precision Castparts a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Precision Castparts
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Precision Castparts Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
(
) while those bearish on the industrial goods sector could consider
(
).
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