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 74 points (0.4%) at 17,803 as of Tuesday, Feb. 10, 2015, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,374 issues advancing vs. 1,587 declining with 156 unchanged.

The Industrial Goods sector currently sits down 0.4% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the sector include

Tenaris

(

TS

), down 3.2%,

Joy Global

(

JOY

), down 2.3%,

Flowserve

(

FLS

), down 1.6%,

Pentair

(

PNR

), down 1.5% and

Dover

(

DOV

), down 1.5%. Top gainers within the sector include

Mohawk Industries

(

MHK

), up 1.1%,

Northrop Grumman

(

NOC

), up 1.0%,

Lockheed Martin

(

LMT

), up 1.0%,

Royal Philips

(

PHG

), up 1.0% and

Nidec

(

NJ

), up 0.8%.

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

3.

SPX

(

SPW

) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, SPX is down $2.07 (-2.3%) to $86.28 on light volume. Thus far, 160,958 shares of SPX exchanged hands as compared to its average daily volume of 496,900 shares. The stock has ranged in price between $85.84-$87.35 after having opened the day at $86.76 as compared to the previous trading day's close of $88.35.

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

SPX Corporation provides specialized engineered solutions worldwide. It primarily operates in two segments, Flow Technology, and Thermal Equipment and Services. SPX has a market cap of $3.6 billion and is part of the industrial industry. Shares are up 2.8% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate SPX a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

SPX

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full

SPX 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,

Colfax

(

CFX

) is down $1.18 (-2.5%) to $46.39 on average volume. Thus far, 656,850 shares of Colfax exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $45.98-$47.88 after having opened the day at $47.88 as compared to the previous trading day's close of $47.57.

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

Colfax Corporation, a diversified 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 $6.0 billion and is part of the industrial industry. Shares are down 7.8% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Colfax a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Colfax

as a

hold

. 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 and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full

Colfax 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,

Quanta Services

(

PWR

) is down $0.42 (-1.5%) to $28.33 on light volume. Thus far, 298,552 shares of Quanta Services exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $28.23-$28.96 after having opened the day at $28.95 as compared to the previous trading day's close of $28.75.

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

Quanta Services, Inc. provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. Quanta Services has a market cap of $6.2 billion and is part of the materials & construction industry. Shares are up 1.3% year-to-date as of the close of trading on Monday. Currently there are 11 analysts that rate Quanta Services a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Quanta Services

as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

Quanta Services 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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