3 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 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%. A company within the sector that fell today was Nidec Corporation ( NJ), up 1.5%. 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%.

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

3. CNH Global ( CNH) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, CNH Global is down $0.31 (-0.7%) to $43.65 on heavy volume Thus far, 421,739 shares of CNH Global exchanged hands as compared to its average daily volume of 494,600 shares. The stock has ranged in price between $43.34-$43.83 after having opened the day at $43.72 as compared to the previous trading day's close of $43.96.

CNH Global N.V. manufactures, markets, and distributes a line of agricultural and construction equipment and parts worldwide. It operates in three segments: Agricultural Equipment, Construction Equipment, and Financial Services. CNH Global has a market cap of $10.6 billion and is part of the industrial industry. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7. Shares are up 9.1% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates CNH Global a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CNH Global as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, increase in net income and increase in stock price during the past year. 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 CNH Global Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, 3D Systems Corporation ( DDD) is down $1.21 (-3.8%) to $30.79 on heavy volume Thus far, 4.0 million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $29.90-$32.24 after having opened the day at $32.18 as compared to the previous trading day's close of $32.00.

3D Systems Corporation, through its subsidiaries, develops, manufactures and markets 3D printers, print materials, on-demand custom parts services, and 3D authoring solutions for professionals and consumers. 3D Systems Corporation has a market cap of $3.0 billion and is part of the industrial industry. The company has a P/E ratio of 69.1, above the S&P 500 P/E ratio of 17.7. Shares are down 10.0% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate 3D Systems Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates 3D Systems Corporation 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, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full 3D Systems Corporation Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, Caterpillar ( CAT) is down $0.60 (-0.7%) to $88.68 on average volume Thus far, 4.4 million shares of Caterpillar exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $88.17-$89.55 after having opened the day at $89.47 as compared to the previous trading day's close of $89.28.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $58.8 billion and is part of the industrial industry. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations 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 Caterpillar Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

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.

null

More from Markets

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices