3 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 23 points (-0.2%) at 13,146 as of Friday, Dec. 14, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,344 issues advancing vs. 1,517 declining with 152 unchanged.

The Industrial industry currently sits up 0.5% versus the S&P 500, which is down 0.3%. A company within the industry that fell today was Nidec Corporation ( NJ), up 0.7%. Top gainers within the industry include Makita ( MKTAY), up 3.9%, Reliance Steel and Aluminum ( RS), up 2.3%, CNH Global ( CNH), up 1.2%, ABB ( ABB), up 0.9% and Parker Hannifin Corporation ( PH), up 0.8%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Pall Corporation ( PLL) is one of the companies pushing the Industrial industry lower today. As of noon trading, Pall Corporation is down $0.84 (-1.4%) to $60.76 on light volume Thus far, 200,080 shares of Pall Corporation exchanged hands as compared to its average daily volume of 756,600 shares. The stock has ranged in price between $60.75-$61.54 after having opened the day at $61.48 as compared to the previous trading day's close of $61.60.

Pall Corporation engages in manufacturing and marketing filtration, purification, and separation products and integrated systems solutions worldwide. Pall Corporation has a market cap of $6.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.1, above the S&P 500 P/E ratio of 17.7. Shares are up 7.2% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Pall Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Pall Corporation as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Pall Corporation Ratings Report now.

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2. As of noon trading, Stanley Black & Decker ( SWK) is down $0.54 (-0.8%) to $71.45 on light volume Thus far, 448,821 shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $71.33-$72.22 after having opened the day at $71.74 as compared to the previous trading day's close of $71.99.

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 $12.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 18.3, above the S&P 500 P/E ratio of 17.7. Shares are up 6.5% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and 4 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, expanding profit margins 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 Stanley Black & Decker Ratings Report now.

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1. As of noon trading, Illinois Tool Works ( ITW) is down $0.88 (-1.4%) to $60.79 on average volume Thus far, 2.0 million shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $60.77-$62.40 after having opened the day at $62.07 as compared to the previous trading day's close of $61.67.

Illinois Tool Works Inc. manufactures various industrial products and equipment worldwide. Illinois Tool Works has a market cap of $28.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are up 32.8% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 6 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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If you are interested in one of these 5 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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