3 Industrial Stocks Pushing The Industry Higher
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 down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 105 points (-0.6%) at 17,744 as of Wednesday, March 18, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,422 issues advancing vs. 1,524 declining with 171 unchanged.
The Industrial industry currently sits up 0.2% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was
(
), up 1.4%. A company within the industry that fell today was
(
), up 1.0%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Industrial industry higher today. As of noon trading, Royal Philips is up $0.29 (1.0%) to $29.16 on average volume. Thus far, 466,773 shares of Royal Philips exchanged hands as compared to its average daily volume of 944,900 shares. The stock has ranged in price between $28.98-$29.17 after having opened the day at $29.08 as compared to the previous trading day's close of $28.87.
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Koninklijke Philips N.V. engages in healthcare, consumer lifestyle, and lighting businesses worldwide. Royal Philips has a market cap of $26.4 billion and is part of the consumer goods sector. Shares are down 0.5% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Royal Philips
as a
. 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full
now.
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2. As of noon trading,
(
) is up $0.35 (1.3%) to $27.22 on average volume. Thus far, 863,157 shares of Tenaris exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $26.62-$27.29 after having opened the day at $26.79 as compared to the previous trading day's close of $26.87.
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.
Tenaris S.A., through its subsidiaries, manufactures and distributes steel pipes for energy industry and other industrial applications. Tenaris has a market cap of $15.8 billion and is part of the basic materials sector. Shares are down 11.1% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Tenaris a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Tenaris
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and weak operating cash flow. Get the full
now.
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1. As of noon trading,
(
) is up $0.46 (0.6%) to $78.92 on average volume. Thus far, 3.7 million shares of Caterpillar exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $78.25-$79.04 after having opened the day at $78.25 as compared to the previous trading day's close of $78.45.
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 $48.5 billion and is part of the industrial goods sector. Shares are down 14.3% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Caterpillar a buy, 1 analyst rates it a sell, and 13 rate it a hold.
TheStreet Ratings rates
Caterpillar
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins. Get the full
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 industry could consider
SPDR Dow Jones Industrial Average
(
) while those bearish on the industrial industry could consider
ProShares UltraShort Industrials
(
).
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