5 Stocks Pushing The Industrial Goods Sector 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 Goods sector currently sits up 0.6% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Generac Holdings ( GNRC), up 7.5%, Rockwell Automation Incorporated ( ROK), up 3.3%, Dover Corporation ( DOV), up 3.5%, Lennar Corporation ( LEN), up 2.6% and PulteGroup ( PHM), up 2.7%. On the negative front, top decliners within the sector include Pall Corporation ( PLL), down 6.2%, Fastenal Company ( FAST), down 1.2%, Cemex S.A.B. de C.V ( CX), down 0.7%, Kubota Corporation ( KUB), down 1.1% and CNH Global ( CNH), down 1.5%.

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

5. Nordson Corporation ( NDSN) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Nordson Corporation is up $1.35 (2.2%) to $61.38 on average volume Thus far, 216,257 shares of Nordson Corporation exchanged hands as compared to its average daily volume of 270,000 shares. The stock has ranged in price between $59.52-$61.90 after having opened the day at $59.85 as compared to the previous trading day's close of $60.03.

Nordson Corporation engineers, manufactures, and markets products and systems for precision dispensing, testing and inspection, fluid management, surface treatment, and curing. Nordson Corporation has a market cap of $3.9 billion and is part of the industrial industry. The company has a P/E ratio of 19.0, above the S&P 500 P/E ratio of 17.7. Shares are up 45.8% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Nordson Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Nordson Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Nordson Corporation Ratings Report now.

4. As of noon trading, Dresser-Rand Group ( DRC) is up $1.01 (2.0%) to $51.10 on light volume Thus far, 299,805 shares of Dresser-Rand Group exchanged hands as compared to its average daily volume of 481,000 shares. The stock has ranged in price between $49.79-$51.33 after having opened the day at $49.93 as compared to the previous trading day's close of $50.09.

Dresser-Rand Group Inc., together with its subsidiaries, engages in the design, manufacture, sale, and servicing of custom-engineered rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power, military, and other industries worldwide. Dresser-Rand Group has a market cap of $4.0 billion and is part of the industrial industry. The company has a P/E ratio of 24.3, above the S&P 500 P/E ratio of 17.7. Shares are up 5.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Dresser-Rand Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Dresser-Rand Group as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, increase in stock price during the past year and impressive record of earnings per share growth. 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 Dresser-Rand Group Ratings Report now.

3. As of noon trading, Republic Services ( RSG) is up $0.08 (0.3%) to $26.56 on light volume Thus far, 1.0 million shares of Republic Services exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $26.25-$26.80 after having opened the day at $26.48 as compared to the previous trading day's close of $26.48.

Republic Services, Inc. provides non-hazardous solid waste collection, transfer, and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico. Republic Services has a market cap of $10.3 billion and is part of the materials & construction industry. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are down 3.9% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Republic Services a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Republic Services 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, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Republic Services Ratings Report now.

2. As of noon trading, Chicago Bridge & Iron Company ( CBI) is up $0.70 (1.8%) to $38.90 on light volume Thus far, 554,562 shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $38.07-$39.43 after having opened the day at $38.53 as compared to the previous trading day's close of $38.20.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to energy and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $3.8 billion and is part of the materials & construction industry. The company has a P/E ratio of 13.6, below the S&P 500 P/E ratio of 17.7. Shares are up 2.9% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Chicago Bridge & Iron Company a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Chicago Bridge & Iron Company as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, robust revenue growth, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Chicago Bridge & Iron Company Ratings Report now.

1. As of noon trading, USG ( USG) is up $0.78 (2.9%) to $27.60 on light volume Thus far, 933,217 shares of USG exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $26.71-$27.85 after having opened the day at $26.73 as compared to the previous trading day's close of $26.82.

USG Corporation, through its subsidiaries, engages in the manufacture and distribution of building materials worldwide. USG has a market cap of $3.0 billion and is part of the materials & construction industry. The company has a P/E ratio of -13.8, below the S&P 500 P/E ratio of 17.7. Shares are up 173.5% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate USG a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates USG as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, generally higher debt management risk and poor profit margins. Get the full USG 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 goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon