5 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 46 points (-0.4%) at 12,524 as of Thursday, Nov. 15, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 797 issues advancing vs. 2,184 declining with 91 unchanged.

The Industrial industry currently sits down 0.5% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include OSI Systems ( OSIS), down 22.7%, and Mohawk Industries ( MHK), down 2.5%. Top gainers within the industry include Makita ( MKTAY), up 4.2%, Kubota Corporation ( KUB), up 1.9% and Deere ( DE), up 0.8%.

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

5. Ametek ( AME) is one of the companies pushing the Industrial industry lower today. As of noon trading, Ametek is down $0.37 (-1.0%) to $35.22 on light volume Thus far, 219,862 shares of Ametek exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $35.14-$35.74 after having opened the day at $35.45 as compared to the previous trading day's close of $35.59.

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group. Ametek has a market cap of $8.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7. Shares are up 26.8% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Ametek a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Ametek as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Ametek Ratings Report now.

4. As of noon trading, Stanley Black & Decker ( SWK) is down $0.49 (-0.7%) to $66.72 on light volume Thus far, 383,668 shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $66.61-$67.73 after having opened the day at $67.00 as compared to the previous trading day's close of $67.21.

Stanley Black & Decker, Inc. provides power and hand tools, mechanical access solutions, and electronic security and monitoring systems primarily in the United States, Europe, Latin America, and Canada. Stanley Black & Decker has a market cap of $11.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7. Shares are down 0.6% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and 3 rate it a hold.

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

3. As of noon trading, Illinois Tool Works ( ITW) is down $0.46 (-0.8%) to $59.09 on average volume Thus far, 1.2 million shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $59.05-$59.93 after having opened the day at $59.49 as compared to the previous trading day's close of $59.55.

Illinois Tool Works Inc. manufactures various industrial products and equipment worldwide. Illinois Tool Works has a market cap of $28.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 27.5% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Illinois Tool Works as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins 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 Illinois Tool Works Ratings Report now.

2. As of noon trading, Tyco International ( TYC) is down $0.23 (-0.8%) to $26.38 on light volume Thus far, 1.8 million shares of Tyco International exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $26.35-$27.14 after having opened the day at $26.65 as compared to the previous trading day's close of $26.61.

Tyco International Ltd. operates as a fire protection and security company. The company provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products. Tyco International has a market cap of $12.6 billion and is part of the services sector. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are down 12.3% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Tyco International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Tyco International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Tyco International Ratings Report now.

1. As of noon trading, Eaton ( ETN) is down $0.26 (-0.5%) to $48.19 on average volume Thus far, 1.5 million shares of Eaton exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $48.18-$49.00 after having opened the day at $48.38 as compared to the previous trading day's close of $48.45.

Eaton Corporation operates as a diversified power management company worldwide. Eaton has a market cap of $16.7 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 11.3% year to date as of the close of trading on Wednesday. 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.

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).

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

A Thunderous Herd of Scared Baby Boomer Investors Could Crush the Market

A Thunderous Herd of Scared Baby Boomer Investors Could Crush the Market

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

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

With GE Dropped From the Dow, Be Selective About Industrials Stocks

With GE Dropped From the Dow, Be Selective About Industrials Stocks

MoviePass Parent's Stock Plunges as AMC Announces Rival Program

MoviePass Parent's Stock Plunges as AMC Announces Rival Program

Dow Rises as Blue-Chip Index Looks to End Losing Streak

Dow Rises as Blue-Chip Index Looks to End Losing Streak