5 Stocks Pushing The Industrial Goods Sector 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 62 points (0.4%) at 14,518 as of Thursday, March 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,087 declining with 143 unchanged.

The Industrial Goods sector currently sits up 0.7% versus the S&P 500, which is up 0.5%. Top gainers within the sector include PulteGroup ( PHM), up 3.5%, Kubota Corporation ( KUB), up 1.6%, Weyerhaeuser ( WY), up 1.3%, Pentair ( PNR), up 1.2% and Koninklijke Philips Electronics ( PHG), up 1.2%. A company within the sector that fell today was Nidec Corporation ( NJ), up 1.5%.

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

5. Dover Corporation ( DOV) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Dover Corporation is up $0.77 (1.0%) to $74.47 on light volume Thus far, 411,866 shares of Dover Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $73.71-$74.59 after having opened the day at $73.90 as compared to the previous trading day's close of $73.70.

Dover Corporation manufactures and sells a range of specialized products and components, and provides related consumables and services. The company operates in four segments: Communication Technologies, Energy, Engineered Systems, and Printing and Identification. Dover Corporation has a market cap of $12.8 billion and is part of the industrial industry. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7. Shares are up 12.2% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Dover Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Dover Corporation 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, expanding profit margins, good cash flow from operations 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 Dover Corporation Ratings Report now.

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4. As of noon trading, Stanley Black & Decker ( SWK) is up $0.94 (1.2%) to $81.11 on light volume Thus far, 393,527 shares of Stanley Black & Decker exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $80.36-$81.13 after having opened the day at $80.38 as compared to the previous trading day's close of $80.17.

Stanley Black & Decker, Inc. provides power and hand tools, mechanical access solutions, and electronic security and monitoring systems for various industrial applications primarily in the United States, Canada, Europe, and Asia. Stanley Black & Decker has a market cap of $12.8 billion and is part of the industrial industry. The company has a P/E ratio of 29.5, above the S&P 500 P/E ratio of 17.7. Shares are up 8.4% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Stanley Black & Decker a buy, no analysts rate it a sell, and 5 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 compelling growth in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Stanley Black & Decker Ratings Report now.

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3. As of noon trading, DR Horton ( DHI) is up $0.47 (2.0%) to $24.49 on average volume Thus far, 2.4 million shares of DR Horton exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $24.16-$24.58 after having opened the day at $24.20 as compared to the previous trading day's close of $24.02.

D.R. Horton, Inc. operates as a homebuilding company. The company engages in the acquisition and development of land; and construction and sale of residential homes in 26 states and 77 markets in the United States primarily under the D.R. Horton, America's Builder name. DR Horton has a market cap of $7.6 billion and is part of the materials & construction industry. The company has a P/E ratio of 8.2, below the S&P 500 P/E ratio of 17.7. Shares are up 21.4% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate DR Horton a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates DR Horton 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, notable return on equity, 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 DR Horton Ratings Report now.

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2. As of noon trading, Emerson Electric ( EMR) is up $0.76 (1.4%) to $56.96 on average volume Thus far, 1.9 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $56.25-$56.97 after having opened the day at $56.31 as compared to the previous trading day's close of $56.20.

Emerson Electric Co., a diversified technology company, engages in designing and supplying products and technology, and providing engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $41.0 billion and is part of the industrial industry. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 6.1% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and increase 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 Emerson Electric Ratings Report now.

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1. As of noon trading, Deere ( DE) is up $0.66 (0.7%) to $92.00 on average volume Thus far, 1.2 million shares of Deere exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $91.30-$92.18 after having opened the day at $91.73 as compared to the previous trading day's close of $91.34.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $35.4 billion and is part of the industrial industry. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are up 5.7% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Deere a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, increase in stock price during the past year, impressive record of earnings per share growth and increase in net income. 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 Deere 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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