3 Industrial Goods Stocks On The Rise

TheStreet highlights 3 stocks pushing the industrial goods sector higher today.
By TheStreet Wire ,

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 122 points (-0.7%) at 17,326 as of Friday, Nov. 13, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,130 issues advancing vs. 1,809 declining with 163 unchanged.

The Industrial Goods sector currently is unchanged today versus the S&P 500, which is down 0.8%. Top gainers within the sector include

Martin Marietta Materials

(

MLM

), up 3.1%,

Vulcan Materials

(

VMC

), up 2.0% and

Nidec

(

NJ

), up 0.7%. On the negative front, top decliners within the sector include

Cemex SAB de CV

(

CX

), down 2.1%,

Waste Management

(

WM

), down 1.1%,

Republic Services

(

RSG

), down 0.9% and

ABB

(

ABB

), down 0.9%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3.

Emerson Electric

(

EMR

) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Emerson Electric is up $0.30 (0.6%) to $47.55 on light volume. Thus far, 1.1 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $47.00-$47.80 after having opened the day at $47.00 as compared to the previous trading day's close of $47.25.

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.

Emerson Electric Co. provides technology and engineering solutions to industrial, commercial, and consumer markets worldwide. It operates through five segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Emerson Electric has a market cap of $31.5 billion and is part of the industrial industry. Shares are down 23.5% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Emerson Electric a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates

Emerson Electric

as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. Get the full

Emerson Electric 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.

2. As of noon trading,

Deere

(

DE

) is up $0.59 (0.8%) to $73.86 on light volume. Thus far, 900,322 shares of Deere exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $73.10-$73.95 after having opened the day at $73.37 as compared to the previous trading day's close of $73.27.

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.

Deere & Company, together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. Deere has a market cap of $24.6 billion and is part of the industrial industry. Shares are down 17.2% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Deere a buy, 5 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Deere

as a

hold

. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. Get the full

Deere 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.

1. As of noon trading,

Caterpillar

(

CAT

) is up $0.72 (1.1%) to $69.38 on light volume. Thus far, 2.5 million shares of Caterpillar exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $68.50-$69.49 after having opened the day at $68.76 as compared to the previous trading day's close of $68.66.

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.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $41.9 billion and is part of the industrial industry. Shares are down 25.0% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate Caterpillar a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates

Caterpillar

as a

hold

. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins. Get the full

Caterpillar 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

Industrial Select Sector SPDR

(

XLI

) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30

(

DOG

).

Loading ...