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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 17 points (0.1%) at 13,052 as of Thursday, Dec. 6, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,459 issues advancing vs. 1,413 declining with 145 unchanged.

The Industrial Goods sector currently sits up 0.2% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Kubota Corporation ( KUB), down 2.0%, Embraer S.A ( ERJ), down 1.4%, Masco Corporation ( MAS), down 1.3%, Cummins ( CMI), down 1.2% and General Dynamics ( GD), down 1.2%. Top gainers within the sector include Heico Corporation ( HEI.A), up 8.1%, Nidec Corporation ( NJ), up 2.6%, CAE ( CAE), up 2.1%, Toll Brothers ( TOL), up 1.5% and Weyerhaeuser ( WY), up 1.4%.

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

5. Quanta Services ( PWR) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Quanta Services is down $0.24 (-0.9%) to $25.68 on light volume Thus far, 420,997 shares of Quanta Services exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $25.52-$25.95 after having opened the day at $25.91 as compared to the previous trading day's close of $25.93.

Quanta Services, Inc. provides specialty contracting services primarily in North America. Quanta Services has a market cap of $5.8 billion and is part of the materials & construction industry. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are up 21.2% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Quanta Services a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Quanta Services as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, solid stock price performance 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 Quanta Services Ratings Report now.

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4. As of noon trading, Raytheon Company ( RTN) is down $0.44 (-0.8%) to $56.81 on light volume Thus far, 224,929 shares of Raytheon Company exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $56.60-$57.20 after having opened the day at $57.20 as compared to the previous trading day's close of $57.25.

Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $18.7 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7. Shares are up 18.3% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Raytheon Company a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Raytheon Company 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, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Raytheon Company Ratings Report now.

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3. As of noon trading, Ingersoll-Rand ( IR) is down $0.30 (-0.6%) to $48.14 on light volume Thus far, 369,285 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $47.96-$48.42 after having opened the day at $48.42 as compared to the previous trading day's close of $48.44.

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 $14.4 billion and is part of the industrial industry. The company has a P/E ratio of 14.6, below the S&P 500 P/E ratio of 17.7. Shares are up 57.0% year to date as of the close of trading on Wednesday. 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.

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2. As of noon trading, Precision Castparts ( PCP) is down $1.30 (-0.7%) to $182.79 on light volume Thus far, 111,239 shares of Precision Castparts exchanged hands as compared to its average daily volume of 701,800 shares. The stock has ranged in price between $181.71-$184.27 after having opened the day at $183.95 as compared to the previous trading day's close of $184.09.

Precision Castparts Corp. manufactures and sells metal components and products worldwide. Precision Castparts has a market cap of $26.5 billion and is part of the industrial industry. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 10.3% year to date as of the close of trading on Wednesday. Currently there are 12 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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1. As of noon trading, Boeing ( BA) is down $0.40 (-0.5%) to $73.47 on light volume Thus far, 1.4 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 $72.93-$73.86 after having opened the day at $73.80 as compared to the previous trading day's close of $73.87.

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 $55.8 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are up 0.7% year to date as of the close of trading on Wednesday. Currently there are 19 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.

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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.

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