3 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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 24 points (-0.2%) at 14,029 as of Friday, March 1, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,249 issues advancing vs. 1,609 declining with 131 unchanged.

The Industrial industry currently sits down 0.3% versus the S&P 500, which is unchanged. Top gainers within the industry include Kubota Corporation ( KUB), up 2.2%, and Makita ( MKTAY), up 1.5%. On the negative front, top decliners within the industry include Dresser-Rand Group ( DRC), down 6.1%, CNH Global ( CNH), down 3.3%, Pentair ( PNR), down 1.4%, Ametek ( AME), down 1.5% and Koninklijke Philips Electronics ( PHG), down 1.0%.

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

3. Sauer-Danfoss ( SHS) is one of the companies pushing the Industrial industry higher today. As of noon trading, Sauer-Danfoss is up $4.59 (8.5%) to $58.71 on heavy volume Thus far, 1.4 million shares of Sauer-Danfoss exchanged hands as compared to its average daily volume of 108,100 shares. The stock has ranged in price between $58.66-$58.73 after having opened the day at $58.70 as compared to the previous trading day's close of $54.12.

Sauer-Danfoss Inc., together with its subsidiaries, engages in the design, manufacture, and sale of engineered hydraulic and electronic systems, and components that generate, transmit, and control power in mobile equipment worldwide. Sauer-Danfoss has a market cap of $2.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7. Shares are up 1.4% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Sauer-Danfoss a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Sauer-Danfoss 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 and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Sauer-Danfoss Ratings Report now.

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2. As of noon trading, Chart Industries ( GTLS) is up $2.69 (3.7%) to $75.28 on heavy volume Thus far, 237,832 shares of Chart Industries exchanged hands as compared to its average daily volume of 314,800 shares. The stock has ranged in price between $71.36-$75.33 after having opened the day at $72.48 as compared to the previous trading day's close of $72.59.

Chart Industries, Inc. manufactures and supplies engineered equipment used in the production, storage, and end-use of hydrocarbon and industrial gases in the United States, the Czech Republic, China, and internationally. Chart Industries has a market cap of $2.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 33.4, above the S&P 500 P/E ratio of 17.7. Shares are down 1.7% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Chart Industries a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Chart Industries 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, increase in net income, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Chart Industries Ratings Report now.

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1. As of noon trading, Eaton Corporation ( ETN) is up $0.65 (1.0%) to $62.62 on average volume Thus far, 2.6 million shares of Eaton Corporation exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $61.17-$63.63 after having opened the day at $61.64 as compared to the previous trading day's close of $61.97.

Eaton Corporation operates as a diversified power management company worldwide. Eaton Corporation has a market cap of $28.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 13.9% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Eaton Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Eaton Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Eaton Corporation Ratings Report now.

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If you are interested in one of these 3 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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