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

Dow Jones Industrial Average

(

^DJI

) trading up 68 points (0.4%) at 16,398 as of Friday, Sept. 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,332 issues advancing vs. 1,639 declining with 143 unchanged.

The Industrial Goods sector currently sits down 0.2% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include

Cemex SAB de CV

(

CX

), down 1.4%,

Nidec

(

NJ

), down 1.1%,

Roper Technologies

(

ROP

), down 1.1% and

Emerson Electric

(

EMR

), down 0.7%. Top gainers within the sector include

Lennox International

(

LII

), up 2.1%,

Mohawk Industries

(

MHK

), up 2.0%,

PulteGroup

(

PHM

), up 1.6%,

Toll Brothers

(

TOL

), up 1.4% and

Lennar

(

LEN

), up 1.3%.

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

3.

Colfax

(

CFX

) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Colfax is down $0.73 (-2.0%) to $36.19 on light volume. Thus far, 230,788 shares of Colfax exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $36.16-$36.87 after having opened the day at $36.67 as compared to the previous trading day's close of $36.92.

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Colfax Corporation, an industrial manufacturing and engineering company, provides gas-and fluid-handling, and fabrication technology products and services to commercial and governmental customers worldwide. Colfax has a market cap of $4.6 billion and is part of the industrial industry. The company has a P/E ratio of 18.1, below the S&P 500 P/E ratio of 24.5. Shares are down 28.4% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate Colfax a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates

Colfax

as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full

Colfax Ratings Report

now.

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2. As of noon trading,

AGCO

(

AGCO

) is down $0.95 (-2.0%) to $47.51 on average volume. Thus far, 456,252 shares of AGCO exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $47.39-$48.28 after having opened the day at $48.03 as compared to the previous trading day's close of $48.46.

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AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. AGCO has a market cap of $4.2 billion and is part of the industrial industry. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 24.5. Shares are up 7.2% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates AGCO a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates

AGCO

as a

buy

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full

AGCO Ratings Report

now.

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1. As of noon trading,

Tenaris

(

TS

) is down $0.51 (-2.0%) to $25.19 on average volume. Thus far, 1.5 million shares of Tenaris exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $25.13-$25.68 after having opened the day at $25.67 as compared to the previous trading day's close of $25.70.

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Tenaris S.A., through its subsidiaries, manufactures and supplies steel pipe products and related services for the energy and other industrial applications. Tenaris has a market cap of $15.0 billion and is part of the metals & mining industry. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 24.5. Shares are down 14.9% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Tenaris a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Tenaris

as a

hold

. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full

Tenaris 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

).