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

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 12,786 as of Tuesday, Nov. 20, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,471 issues advancing vs. 1,424 declining with 128 unchanged.

The Industrial Goods sector currently sits up 0.5% versus the S&P 500, which is up 0.0%. Top gainers within the sector include Masco Corporation ( MAS), up 4.3%, CNH Global ( CNH), up 2.5%, Toll Brothers ( TOL), up 2.4%, Mohawk Industries ( MHK), up 1.9% and Eaton ( ETN), up 0.9%. On the negative front, top decliners within the sector include Parker Hannifin Corporation ( PH), down 1.9%, Nidec Corporation ( NJ), down 1.7% and General Dynamics ( GD), down 0.7%.

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

5. DR Horton ( DHI) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, DR Horton is up $0.48 (2.5%) to $19.50 on average volume Thus far, 3.2 million shares of DR Horton exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $19.19-$19.51 after having opened the day at $19.35 as compared to the previous trading day's close of $19.02.

D.R. Horton, Inc. operates as a homebuilding company in the United States. The company's Homebuilding segment engages in the acquisition and development of land, and construction and sale of residential homes in 25 states and 73 markets in the United States primarily under the D.R. DR Horton has a market cap of $6.0 billion and is part of the materials & construction industry. The company has a P/E ratio of 6.3, below the S&P 500 P/E ratio of 17.7. Shares are up 49.9% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate DR Horton a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full DR Horton Ratings Report now.

4. As of noon trading, Ingersoll-Rand ( IR) is up $0.65 (1.4%) to $47.09 on light volume Thus far, 918,669 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $46.18-$47.16 after having opened the day at $46.28 as compared to the previous trading day's close of $46.44.

Ingersoll-Rand Public Limited Company engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $13.6 billion and is part of the industrial industry. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are up 48.6% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Ingersoll-Rand a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Ingersoll-Rand as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Ingersoll-Rand Ratings Report now.

3. As of noon trading, Lennar Corporation ( LEN) is up $1.42 (3.9%) to $38.23 on average volume Thus far, 3.1 million shares of Lennar Corporation exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $37.01-$38.25 after having opened the day at $37.23 as compared to the previous trading day's close of $36.81.

Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. Lennar Corporation has a market cap of $5.8 billion and is part of the materials & construction industry. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7. Shares are up 83.9% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Lennar Corporation a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lennar Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, compelling growth in net income 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 Lennar Corporation Ratings Report now.

2. As of noon trading, PulteGroup ( PHM) is up $0.78 (4.9%) to $16.68 on average volume Thus far, 7.0 million shares of PulteGroup exchanged hands as compared to its average daily volume of 13.8 million shares. The stock has ranged in price between $16.20-$16.71 after having opened the day at $16.20 as compared to the previous trading day's close of $15.90.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $6.1 billion and is part of the materials & construction industry. The company has a P/E ratio of 37.3, above the S&P 500 P/E ratio of 17.7. Shares are up 148.5% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate PulteGroup a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates PulteGroup as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, premium valuation and poor profit margins. Get the full PulteGroup Ratings Report now.

1. As of noon trading, Boeing ( BA) is up $0.62 (0.9%) to $72.58 on light volume Thus far, 1.3 million shares of Boeing exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $71.79-$72.65 after having opened the day at $71.85 as compared to the previous trading day's close of $71.96.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $53.4 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7. Shares are down 1.9% year to date as of the close of trading on Monday. Currently there are 20 analysts that rate Boeing a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, 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 Boeing 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