5 Stocks Pushing The Industrial Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 13,082 as of Monday, Nov. 5, 2012, 1:34 PM ET. The NYSE advances/declines ratio sits at 1,351 issues advancing vs. 1,574 declining with 129 unchanged.

The Industrial industry currently sits up 0.6% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Generac Holdings ( GNRC), up 7.5%, and Dresser-Rand Group ( DRC), up 2.0%. On the negative front, top decliners within the industry include Kubota Corporation ( KUB), down 1.1%, and Nidec Corporation ( NJ), down 0.8%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Rockwell Automation Incorporated ( ROK) is one of the companies pushing the Industrial industry higher today. As of noon trading, Rockwell Automation Incorporated is up $2.47 (3.3%) to $77.98 on average volume Thus far, 1.7 million shares of Rockwell Automation Incorporated exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $75.76-$79.10 after having opened the day at $76.56 as compared to the previous trading day's close of $75.51.

Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. It operates in two segments, Architecture and Software, and Control Products and Solutions. Rockwell Automation Incorporated has a market cap of $10.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.5, below the S&P 500 P/E ratio of 17.7. Shares are up 2.0% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Rockwell Automation Incorporated a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Rockwell Automation Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, increase in net income and notable return on equity. 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 Rockwell Automation Incorporated Ratings Report now.

4. As of noon trading, Dover Corporation ( DOV) is up $2.02 (3.5%) to $60.60 on light volume Thus far, 1.2 million shares of Dover Corporation exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $59.65-$61.38 after having opened the day at $60.14 as compared to the previous trading day's close of $58.58.

Dover Corporation manufactures and sells a range of specialized products and components, and provides related services and consumables. The company operates in four segments: Communication Technologies, Energy, Engineered Systems, and Printing & Identification. Dover Corporation has a market cap of $10.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are up 2.6% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Dover Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Dover Corporation 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, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Dover Corporation Ratings Report now.

3. As of noon trading, Emerson Electric ( EMR) is up $0.33 (0.7%) to $50.14 on light volume Thus far, 2.1 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $49.60-$50.56 after having opened the day at $49.83 as compared to the previous trading day's close of $49.81.

Emerson Electric Co. operates as a diversified technology company worldwide. It engages in designing and supplying products and technology, and delivering engineering services and solutions to industrial, commercial, and consumer markets. Emerson Electric has a market cap of $36.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Emerson Electric Ratings Report now.

2. As of noon trading, Eaton ( ETN) is up $0.94 (1.9%) to $50.14 on light volume Thus far, 2.8 million shares of Eaton exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $48.84-$50.37 after having opened the day at $48.98 as compared to the previous trading day's close of $49.20.

Eaton Corporation operates as a diversified power management company worldwide. Eaton has a market cap of $16.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are up 13.0% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Eaton a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Eaton as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Eaton Ratings Report now.

1. As of noon trading, Cummins ( CMI) is up $0.58 (0.6%) to $100.61 on light volume Thus far, 1.5 million shares of Cummins exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $97.25-$100.99 after having opened the day at $99.49 as compared to the previous trading day's close of $100.03.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products worldwide. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $18.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 12.2% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Cummins a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Cummins 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, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Cummins Ratings Report now.

If you are interested in one of these 5 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

null

More from Markets

Disney Tops Comcast Bid With Improved $71.3 Billion Approach for Fox

Disney Tops Comcast Bid With Improved $71.3 Billion Approach for Fox

5 Stocks That Are Screaming Buys Right Now

5 Stocks That Are Screaming Buys Right Now

General Electric Booted From Dow, Replaced by Walgreens

General Electric Booted From Dow, Replaced by Walgreens

European Union Says Tariffs on U.S. Imports Will Kick In on June 22

European Union Says Tariffs on U.S. Imports Will Kick In on June 22

Stocks Rise, GE Dropped From the Dow, Starbucks, Oracle - 5 Things You Must Know

Stocks Rise, GE Dropped From the Dow, Starbucks, Oracle - 5 Things You Must Know