3 Industrial Goods Stocks Dragging The Sector Down - TheStreet

Two out of the three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 28 points (0.2%) at 17,783 as of Friday, Oct. 30, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,543 issues advancing vs. 1,349 declining with 225 unchanged.

The Industrial Goods sector currently sits up 0.1% versus the S&P 500, which is unchanged. A company within the sector that fell today was

General Dynamics

(

GD

), up 1.6%. Top gainers within the sector include

Cavco Industries

(

CVCO

), up 23.7%,

Progressive Waste Solutions

(

BIN

), up 9.1%,

Huntington Ingalls Industries

(

HII

), up 5.3%,

Flowserve

(

FLS

), up 4.1% and

Sherwin-Williams

(

SHW

), up 3.6%.

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

3.

Cemex SAB de CV

(

CX

) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Cemex SAB de CV is down $0.20 (-3.1%) to $6.28 on average volume. Thus far, 9.1 million shares of Cemex SAB de CV exchanged hands as compared to its average daily volume of 15.0 million shares. The stock has ranged in price between $6.23-$6.56 after having opened the day at $6.51 as compared to the previous trading day's close of $6.48.

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CEMEX, S.A.B. de C.V., a building materials company, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia. Cemex SAB de CV has a market cap of $8.2 billion and is part of the materials & construction industry. Shares are down 36.4% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Cemex SAB de CV a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Cemex SAB de CV

as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full

Cemex SAB de CV Ratings Report

now.

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2. As of noon trading,

Raytheon

(

RTN

) is down $0.60 (-0.5%) to $118.18 on average volume. Thus far, 728,796 shares of Raytheon exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $118.17-$119.17 after having opened the day at $119.17 as compared to the previous trading day's close of $118.78.

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Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. Raytheon has a market cap of $35.6 billion and is part of the aerospace/defense industry. Shares are up 9.8% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts that rate Raytheon a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Raytheon

as a

buy

. 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, good cash flow from operations, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Raytheon Ratings Report

now.

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1. As of noon trading,

General Electric

(

GE

) is down $0.15 (-0.5%) to $29.19 on average volume. Thus far, 20.9 million shares of General Electric exchanged hands as compared to its average daily volume of 49.2 million shares. The stock has ranged in price between $29.07-$29.32 after having opened the day at $29.22 as compared to the previous trading day's close of $29.34.

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General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $297.4 billion and is part of the industrial industry. Shares are up 16.1% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts that rate General Electric a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

General Electric

as a

buy

. 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 somewhat weak growth in earnings per share. Get the full

General Electric Ratings Report

now.

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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

).