4 Industrial Goods Stocks On The Rise

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 21 points (-0.1%) at 14,492 as of Monday, March 18, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,220 issues advancing vs. 1,709 declining with 121 unchanged.

The Industrial Goods sector currently sits down 0.2% versus the S&P 500, which is down 0.3%. A company within the sector that increased today was Caterpillar ( CAT), up 0.9%. On the negative front, top decliners within the sector include Fluor Corporation ( FLR), down 1.4%, and Emerson Electric ( EMR), down 0.6%.

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

4. Terex ( TEX) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Terex is up $1.21 (3.5%) to $35.51 on average volume Thus far, 1.4 million shares of Terex exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $33.05-$35.58 after having opened the day at $33.54 as compared to the previous trading day's close of $34.30.

Terex Corporation operates as an equipment manufacturer of specialized machinery products. Terex has a market cap of $3.8 billion and is part of the industrial industry. The company has a P/E ratio of 37.9, above the S&P 500 P/E ratio of 17.7. Shares are up 22.1% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Terex a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. Get the full Terex Ratings Report now.

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