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 65 points (0.4%) at 17,452 as of Wednesday, Jan. 28, 2015, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,122 issues advancing vs. 1,846 declining with 156 unchanged.

The Industrial Goods sector currently sits down 0.8% versus the S&P 500, which is up 0.1%. Top gainers within the sector include

Boeing

(

BA

), up 5.9%,

Lockheed Martin

(

LMT

), up 1.3%,

Raytheon

(

RTN

), up 1.2%,

General Dynamics

(

GD

), up 1.0% and

Honeywell International

(

HON

), up 0.7%. On the negative front, top decliners within the sector include

Emerson Electric

(

EMR

), down 1.2%, and

Danaher

(

DHR

), down 1.1%.

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

3.

Textron

(

TXT

) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Textron is up $1.63 (3.9%) to $43.00 on heavy volume. Thus far, 2.1 million shares of Textron exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $41.79-$43.86 after having opened the day at $41.88 as compared to the previous trading day's close of $41.37.

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

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through five segments: Cessna, Bell, Textron Systems, Industrial, and Finance. Textron has a market cap of $11.7 billion and is part of the aerospace/defense industry. Shares are down 1.8% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Textron a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Textron

TheStreet Recommends

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

Textron 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,

Rockwell Automation

(

ROK

) is up $2.67 (2.5%) to $109.91 on heavy volume. Thus far, 1.8 million shares of Rockwell Automation exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $107.49-$110.63 after having opened the day at $109.51 as compared to the previous trading day's close of $107.24.

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

Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. The company operates through two segments, Architecture & Software and Control Products & Solutions. Rockwell Automation has a market cap of $14.5 billion and is part of the industrial industry. Shares are down 3.6% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Rockwell Automation a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Rockwell Automation

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

Rockwell Automation 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,

Caterpillar

(

CAT

) is up $1.02 (1.3%) to $80.87 on heavy volume. Thus far, 6.6 million shares of Caterpillar exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $80.02-$81.20 after having opened the day at $80.40 as compared to the previous trading day's close of $79.85.

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

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $52.1 billion and is part of the industrial industry. Shares are down 12.8% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Caterpillar a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Caterpillar

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 increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full

Caterpillar 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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