All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 2 points (0.0%) at 17,638 as of Thursday, June 16, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 992 issues advancing vs. 1,969 declining with 144 unchanged.

The Industrial Goods sector currently sits down 0.7% versus the S&P 500, which is down 0.2%. Top gainers within the sector include

Owens-Corning

(

OC

), up 1.6%,

Republic Services

(

RSG

), up 0.8%,

Fastenal

(

FAST

), up 0.8% and

Waste Management

(

WM

), up 0.6%. On the negative front, top decliners within the sector include

CNH Industrial

(

CNHI

), down 3.3%,

Middleby

(

MIDD

), down 3.0%,

Tenaris

(

TS

), down 1.5%,

D.R. Horton

(

DHI

), down 1.1% and

Royal Philips

(

PHG

), down 1.1%.

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

3.

Embraer

(

ERJ

) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Embraer is up $0.70 (3.5%) to $20.78 on average volume. Thus far, 687,857 shares of Embraer exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $20.34-$20.81 after having opened the day at $20.43 as compared to the previous trading day's close of $20.07.

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Embraer S.A. designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It operates through Commercial Aviation, Executive Jets, Defense & Security, and Other Related Businesses segments. Embraer has a market cap of $3.7 billion and is part of the aerospace/defense industry. Shares are down 32.1% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Embraer a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Embraer

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and attractive valuation levels. 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

Embraer Ratings Report

now.

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2. As of noon trading,

Spectrum Brands Holdings

(

SPB

) is up $1.07 (0.9%) to $116.75 on light volume. Thus far, 78,920 shares of Spectrum Brands Holdings exchanged hands as compared to its average daily volume of 336,600 shares. The stock has ranged in price between $114.29-$116.77 after having opened the day at $115.38 as compared to the previous trading day's close of $115.68.

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Spectrum Brands Holdings, Inc. manufactures and sells consumer products worldwide. It operates through five segments: Global Batteries & Appliances, Global Pet Supplies, Home and Garden, Hardware & Home Improvement, and Global Auto Care. Spectrum Brands Holdings has a market cap of $6.7 billion and is part of the consumer non-durables industry. Shares are up 13.6% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate Spectrum Brands Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Spectrum Brands Holdings

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. 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

Spectrum Brands Holdings Ratings Report

now.

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1. As of noon trading,

3M

(

MMM

) is up $0.87 (0.5%) to $168.67 on average volume. Thus far, 848,904 shares of 3M exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $166.62-$168.73 after having opened the day at $167.35 as compared to the previous trading day's close of $167.80.

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3M Company operates as a diversified technology company worldwide. 3M has a market cap of $101.7 billion and is part of the industrial industry. Shares are up 11.4% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate 3M a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

3M

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full

3M 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

Industrial Select Sector SPDR

(

XLI

) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30

(

DOG

).