3 Stocks Pushing The Industrial Industry Lower

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%. 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 3 stocks pushing the industry lower today:

3. CNH Global ( CNH) is one of the companies pushing the Industrial industry lower today. As of noon trading, CNH Global is down $0.68 (-1.5%) to $44.27 on light volume Thus far, 189,283 shares of CNH Global exchanged hands as compared to its average daily volume of 310,000 shares. The stock has ranged in price between $42.73-$44.62 after having opened the day at $43.07 as compared to the previous trading day's close of $44.95.

CNH Global N.V. manufactures, markets, and distributes a line of agricultural and construction equipment and parts worldwide. It operates in three segments: Agricultural Equipment, Construction Equipment, and Financial Services. CNH Global has a market cap of $11.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7. Shares are up 28.0% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate CNH Global a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CNH Global as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. 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 CNH Global Ratings Report now.

2. As of noon trading, Pall Corporation ( PLL) is down $3.96 (-6.2%) to $59.99 on heavy volume Thus far, 1.1 million shares of Pall Corporation exchanged hands as compared to its average daily volume of 714,600 shares. The stock has ranged in price between $59.98-$63.04 after having opened the day at $62.62 as compared to the previous trading day's close of $63.95.

Pall Corporation engages in manufacturing and marketing filtration, purification, and separation products and integrated systems solutions worldwide. Pall Corporation has a market cap of $7.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 27.0, above the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Pall Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Pall 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 and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Pall Corporation Ratings Report now.

1. As of noon trading, Pentair ( PNR) is down $0.54 (-1.2%) to $45.21 on light volume Thus far, 1.4 million shares of Pentair exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $45.21-$46.00 after having opened the day at $45.53 as compared to the previous trading day's close of $45.75.

Pentair, Inc. operates as a diversified industrial manufacturing company worldwide. Pentair has a market cap of $9.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 182.1, above the S&P 500 P/E ratio of 17.7. Shares are up 36.7% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Pentair a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Pentair as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Pentair 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.

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