3 Stocks Driving The Industrial Goods Sector Higher
One out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 7 points (0.0%) at 17,806 as of Friday, Nov. 27, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,737 issues advancing vs. 1,177 declining with 175 unchanged.
The Industrial Goods sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the sector include
(
), up 4.0%,
(
), up 1.5%,
(
), up 1.4%,
(
), up 0.7% and
(
), up 0.7%. On the negative front, top decliners within the sector include
(
), down 19.4%, and
(
), down 2.3%.
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, Rockwell Automation is up $1.91 (1.8%) to $107.04 on light volume. Thus far, 343,590 shares of Rockwell Automation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $104.82-$107.11 after having opened the day at $105.03 as compared to the previous trading day's close of $105.13.
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Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. The company operates through two segments, Architecture & Software and Control Products & Solutions. Rockwell Automation has a market cap of $13.9 billion and is part of the industrial industry. Shares are down 5.5% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Rockwell Automation a buy, 5 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Rockwell Automation
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, notable return on equity, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
Rockwell Automation Ratings Report
now.
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2. As of noon trading,
(
) is up $1.75 (0.8%) to $225.90 on average volume. Thus far, 638,974 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 $224.31-$226.23 after having opened the day at $225.13 as compared to the previous trading day's close of $224.15.
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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 $69.4 billion and is part of the aerospace/defense industry. Shares are up 17.3% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Lockheed Martin a buy, no analysts rate it a sell, and 8 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, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Lockheed Martin Ratings Report
now.
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1. As of noon trading,
(
) is up $0.62 (0.6%) to $104.25 on light volume. Thus far, 569,597 shares of Honeywell International exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $103.43-$104.38 after having opened the day at $103.45 as compared to the previous trading day's close of $103.63.
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.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $79.9 billion and is part of the industrial industry. Shares are up 3.7% year-to-date as of the close of trading on Wednesday. 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.
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
(
).