3 Stocks Boosting The Industrial Goods Sector Higher
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 6 points (0.0%) at 17,753 as of Wednesday, Nov. 11, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,244 issues advancing vs. 1,682 declining with 165 unchanged.
The Industrial Goods sector currently sits down 0.5% versus the S&P 500, which is down 0.1%. A company within the sector that increased today was
(
), up 2.6%. A company within the sector that fell today was
(
), up 1.2%.
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, Danaher is up $0.66 (0.7%) to $95.76 on light volume. Thus far, 575,178 shares of Danaher exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $95.10-$95.77 after having opened the day at $95.20 as compared to the previous trading day's close of $95.10.
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Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher has a market cap of $65.4 billion and is part of the industrial industry. Shares are up 11.0% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Danaher a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Danaher
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
now.
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2. As of noon trading,
(
) is up $1.07 (1.0%) to $103.47 on light volume. Thus far, 820,389 shares of Honeywell International exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $102.45-$103.48 after having opened the day at $102.88 as compared to the previous trading day's close of $102.40.
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Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $79.2 billion and is part of the industrial industry. Shares are up 2.5% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts who rate Honeywell International a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Honeywell International
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its 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 $0.45 (1.5%) to $30.57 on heavy volume. Thus far, 71.7 million shares of General Electric exchanged hands as compared to its average daily volume of 60.0 million shares. The stock has ranged in price between $30.20-$30.58 after having opened the day at $30.20 as compared to the previous trading day's close of $30.12.
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General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $300.7 billion and is part of the industrial industry. Shares are up 19.2% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate General Electric a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
General Electric
as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
General 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.
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
(
).