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.

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 114 points (0.6%) at 17,744 as of Wednesday, July 29, 2015, 2:00 PM ET. The NYSE advances/declines ratio sits at 2,136 issues advancing vs. 880 declining with 147 unchanged.

The Industrial industry currently sits up 1.1% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include

Rockwell Automation

(

ROK

), down 2.8%, and

Nidec

(

NJ

), down 1.2%. Top gainers within the industry include

AGCO

(

AGCO

), up 3.7%,

Pentair

(

PNR

), up 1.9%,

Tenaris

(

TS

), up 2.2%,

Ingersoll-Rand

(

IR

), up 1.1% and

Stanley Black & Decker

(

SWK

), up 1.5%.

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

3.

Precision Castparts

(

PCP

) is one of the companies pushing the Industrial industry lower today. As of noon trading, Precision Castparts is down $6.85 (-3.4%) to $194.52 on heavy volume. Thus far, 1.8 million shares of Precision Castparts exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $192.63-$197.99 after having opened the day at $196.50 as compared to the previous trading day's close of $201.37.

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Precision Castparts Corp. manufactures and sells metal components and products to the aerospace, power, and general industrial and other markets worldwide. The company operates through three segments: Investment Cast Products, Forged Products, and Airframe Products. Precision Castparts has a market cap of $25.8 billion and is part of the industrial goods sector. Shares are down 16.4% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Precision Castparts

as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Precision Castparts Ratings Report

now.

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2. As of noon trading,

Caterpillar

(

CAT

) is down $0.79 (-1.0%) to $76.99 on heavy volume. Thus far, 6.6 million shares of Caterpillar exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $76.51-$77.42 after having opened the day at $77.27 as compared to the previous trading day's close of $77.78.

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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 $45.5 billion and is part of the industrial goods sector. Shares are down 15.0% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Caterpillar a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates

Caterpillar

as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full

Caterpillar Ratings Report

now.

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1. As of noon trading,

United Technologies

(

UTX

) is down $0.82 (-0.8%) to $98.15 on heavy volume. Thus far, 7.3 million shares of United Technologies exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $98.12-$99.58 after having opened the day at $99.09 as compared to the previous trading day's close of $98.97.

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United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. United Technologies has a market cap of $88.1 billion and is part of the industrial goods sector. Shares are down 13.9% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts that rate United Technologies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

United Technologies

as a

buy

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full

United Technologies Ratings Report

now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the industrial industry could consider

SPDR Dow Jones Industrial Average

(

DIA

) while those bearish on the industrial industry could consider

ProShares UltraShort Industrials

(

SIJ

).