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 up 32 points (0.2%) at 14,286 as of Wednesday, March 6, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,509 issues advancing vs. 1,334 declining with 158 unchanged.

The Industrial industry currently sits up 0.2% versus the S&P 500, which is up 0.1%.

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

4. Koninklijke Philips Electronics ( PHG) is one of the companies pushing the Industrial industry higher today. As of noon trading, Koninklijke Philips Electronics is up $0.21 (0.7%) to $29.46 on light volume Thus far, 278,130 shares of Koninklijke Philips Electronics exchanged hands as compared to its average daily volume of 768,100 shares. The stock has ranged in price between $29.41-$29.66 after having opened the day at $29.63 as compared to the previous trading day's close of $29.25.

Koninklijke Philips Electronics N.V. engages in the healthcare, consumer lifestyle, and lighting product businesses worldwide. The company offers screening, diagnosis, treatment, monitoring, and health management services in cardio-pulmonary, oncology, and women's health areas. Koninklijke Philips Electronics has a market cap of $27.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 76.4, above the S&P 500 P/E ratio of 17.7. Shares are up 10.2% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Koninklijke Philips Electronics a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Koninklijke Philips Electronics 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, expanding profit margins 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 Koninklijke Philips Electronics Ratings Report now.

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