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 or Stephanie Link.

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 36 points (0.2%) at 17,921 as of Friday, Feb. 6, 2015, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,428 issues advancing vs. 1,574 declining with 144 unchanged.

The Industrial Goods sector currently sits up 0.6% versus the S&P 500, which is up 0.4%. Top gainers within the sector include

DR Horton

(

DHI

), up 3.5%,

Lennar

(

LEN

), up 3.1%,

PulteGroup

(

PHM

), up 2.9%,

Masco

(

MAS

), up 1.9% and

Eaton

(

ETN

), up 1.9%. On the negative front, top decliners within the sector include

USG

(

USG

), down 3.1%,

Tenaris

(

TS

), down 2.0% and

Cummins

(

CMI

), down 0.4%.

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

3.

FLIR Systems

(

FLIR

) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, FLIR Systems is up $1.32 (4.1%) to $33.12 on average volume. Thus far, 408,860 shares of FLIR Systems exchanged hands as compared to its average daily volume of 806,600 shares. The stock has ranged in price between $32.10-$33.47 after having opened the day at $32.15 as compared to the previous trading day's close of $31.80.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

FLIR Systems, Inc. designs, manufactures, and markets thermal imaging, and other sensing products and systems worldwide. The company operates in five segments: Thermal Vision & Measurement (TVM), Raymarine, Surveillance, Detection, and Integrated Systems. FLIR Systems has a market cap of $4.4 billion and is part of the electronics industry. Shares are down 1.6% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate FLIR Systems a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates

FLIR Systems

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, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

FLIR Systems Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading,

Parker Hannifin

(

PH

) is up $1.05 (0.9%) to $120.75 on light volume. Thus far, 433,188 shares of Parker Hannifin exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $119.87-$121.08 after having opened the day at $120.07 as compared to the previous trading day's close of $119.70.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. It operates through two segments, Diversified Industrial and Aerospace Systems. Parker Hannifin has a market cap of $17.8 billion and is part of the industrial industry. Shares are down 6.7% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Parker Hannifin a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Parker Hannifin

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, growth in earnings per share, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full

Parker Hannifin Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading,

General Dynamics

(

GD

) is up $1.00 (0.7%) to $139.69 on light volume. Thus far, 458,855 shares of General Dynamics exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $138.30-$140.14 after having opened the day at $138.77 as compared to the previous trading day's close of $138.69.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

General Dynamics Corporation operates as aerospace and defense company worldwide. General Dynamics has a market cap of $45.9 billion and is part of the aerospace/defense industry. Shares are up 0.8% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate General Dynamics a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

General Dynamics

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full

General Dynamics Ratings Report

now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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

).

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