4 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 up today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 12,949 as of Tuesday, Nov. 27, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,707 issues advancing vs. 1,183 declining with 148 unchanged.

The Industrial industry currently sits up 0.3% versus the S&P 500, which is up 0.0%. A company within the industry that increased today was Generac Holdings ( GNRC), up 7.0%. A company within the industry that fell today was Nidec Corporation ( NJ), up 3.5%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Precision Castparts ( PCP) is one of the companies pushing the Industrial industry higher today. As of noon trading, Precision Castparts is up $1.69 (0.9%) to $180.14 on light volume Thus far, 194,152 shares of Precision Castparts exchanged hands as compared to its average daily volume of 695,600 shares. The stock has ranged in price between $178.10-$180.35 after having opened the day at $178.27 as compared to the previous trading day's close of $178.45.

Precision Castparts Corp. manufactures and sells metal components and products worldwide. Precision Castparts has a market cap of $26.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are up 8.8% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Precision Castparts 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, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Precision Castparts Ratings Report now.

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3. As of noon trading, Illinois Tool Works ( ITW) is up $0.51 (0.8%) to $61.05 on average volume Thus far, 1.1 million shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $60.42-$61.53 after having opened the day at $60.66 as compared to the previous trading day's close of $60.54.

Illinois Tool Works Inc. manufactures various industrial products and equipment worldwide. Illinois Tool Works has a market cap of $28.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 29.6% year to date as of the close of trading on Monday. Currently there are 8 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.

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2. As of noon trading, Emerson Electric ( EMR) is up $0.69 (1.4%) to $49.55 on average volume Thus far, 1.5 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $48.80-$49.64 after having opened the day at $48.84 as compared to the previous trading day's close of $48.86.

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 $35.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are up 5.4% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 12 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, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Emerson Electric Ratings Report now.

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1. As of noon trading, Cummins ( CMI) is up $1.49 (1.5%) to $101.10 on light volume Thus far, 581,487 shares of Cummins exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $99.01-$101.27 after having opened the day at $99.38 as compared to the previous trading day's close of $99.61.

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 $18.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are up 13.2% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Cummins a buy, no analysts rate it a sell, and 8 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.

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If you are interested in one of these 4 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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