5 Stocks Pushing The Industrial Goods Sector 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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 67 points (0.5%) at 13,019 as of Wednesday, Dec. 5, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,464 issues advancing vs. 1,407 declining with 149 unchanged.

The Industrial Goods sector currently sits down 0.3% versus the S&P 500, which is up 0.0%. On the negative front, top decliners within the sector include Toll Brothers ( TOL), down 3.1%, NVR ( NVR), down 2.7%, Weyerhaeuser ( WY), down 2.5%, Masco Corporation ( MAS), down 2.0% and DR Horton ( DHI), down 1.7%. Top gainers within the sector include Waste Management ( WM), up 2.2%, Joy Global ( JOY), up 2.4% and Nidec Corporation ( NJ), up 1.5%.

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

5. Mohawk Industries ( MHK) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Mohawk Industries is down $1.92 (-2.2%) to $83.95 on light volume Thus far, 119,684 shares of Mohawk Industries exchanged hands as compared to its average daily volume of 500,000 shares. The stock has ranged in price between $83.35-$86.24 after having opened the day at $86.00 as compared to the previous trading day's close of $85.87.

Mohawk Industries, Inc., together with its subsidiaries, engages in the production and sale of floor covering products for residential and commercial markets for remodeling and new construction primarily in the United States and Europe. Mohawk Industries has a market cap of $5.9 billion and is part of the industrial industry. The company has a P/E ratio of 26.2, above the S&P 500 P/E ratio of 17.7. Shares are up 43.4% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Mohawk Industries a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Mohawk Industries 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, solid stock price performance, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Mohawk Industries Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

4. As of noon trading, Pentair ( PNR) is down $0.39 (-0.8%) to $47.95 on light volume Thus far, 638,533 shares of Pentair exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $47.59-$48.49 after having opened the day at $48.48 as compared to the previous trading day's close of $48.34.

Pentair Ltd. delivers products, services, and solutions for water and other fluids, thermal management, and equipment protection in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. Pentair has a market cap of $10.0 billion and is part of the industrial industry. The company has a P/E ratio of 191.7, above the S&P 500 P/E ratio of 17.7. Shares are up 43.9% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Pentair a buy, no analysts rate it a sell, and 5 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.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

3. As of noon trading, Sherwin-Williams Company ( SHW) is down $1.00 (-0.7%) to $150.15 on average volume Thus far, 433,990 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $148.29-$151.62 after having opened the day at $151.27 as compared to the previous trading day's close of $151.15.

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean region, Europe, and Asia. Sherwin-Williams Company has a market cap of $15.7 billion and is part of the materials & construction industry. The company has a P/E ratio of 27.5, above the S&P 500 P/E ratio of 17.7. Shares are up 69.3% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Sherwin-Williams Company a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Sherwin-Williams Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Sherwin-Williams Company Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

2. As of noon trading, Lennar Corporation ( LEN) is down $1.44 (-3.8%) to $36.34 on average volume Thus far, 2.7 million shares of Lennar Corporation exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $36.03-$37.87 after having opened the day at $37.79 as compared to the previous trading day's close of $37.78.

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 $6.0 billion and is part of the materials & construction industry. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 92.4% year to date as of the close of trading on Tuesday. Currently there are 6 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.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

1. As of noon trading, PulteGroup ( PHM) is down $0.51 (-3.0%) to $16.58 on light volume Thus far, 4.5 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 $16.33-$17.20 after having opened the day at $17.12 as compared to the previous trading day's close of $17.09.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $6.5 billion and is part of the materials & construction industry. The company has a P/E ratio of 40.4, above the S&P 500 P/E ratio of 17.7. Shares are up 168.6% year to date as of the close of trading on Tuesday. Currently there are 7 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.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

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

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday

Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday

Facebook's Investors Have a Big Day Ahead

Facebook's Investors Have a Big Day Ahead

The Global Stock Market Rout Spreads Across the World

The Global Stock Market Rout Spreads Across the World

Comcast Details $30 Billion Bid for Britain's Sky in Takeover Battle With Fox

Comcast Details $30 Billion Bid for Britain's Sky in Takeover Battle With Fox