5 Stocks Dragging The Industrial Goods Sector Downward

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%. On the negative front, top decliners within the sector include Fluor Corporation ( FLR), down 1.4%, and Emerson Electric ( EMR), down 0.6%. A company within the sector that increased today was Caterpillar ( CAT), up 0.9%.

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

5. Koninklijke Philips Electronics ( PHG) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Koninklijke Philips Electronics is down $0.23 (-0.8%) to $29.78 on heavy volume Thus far, 720,124 shares of Koninklijke Philips Electronics exchanged hands as compared to its average daily volume of 735,500 shares. The stock has ranged in price between $29.41-$29.91 after having opened the day at $29.43 as compared to the previous trading day's close of $30.01.

Koninklijke Philips Electronics N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Koninklijke Philips Electronics has a market cap of $28.8 billion and is part of the industrial industry. The company has a P/E ratio of 81.2, above the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Friday. 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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4. As of noon trading, ABB ( ABB) is down $0.33 (-1.4%) to $22.84 on average volume Thus far, 1.0 million shares of ABB exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $22.67-$22.93 after having opened the day at $22.69 as compared to the previous trading day's close of $23.17.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $52.7 billion and is part of the industrial industry. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate ABB a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates ABB as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ABB Ratings Report now.

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3. As of noon trading, Raytheon Company ( RTN) is down $0.77 (-1.3%) to $57.16 on heavy volume Thus far, 1.7 million shares of Raytheon Company exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $57.07-$57.54 after having opened the day at $57.07 as compared to the previous trading day's close of $57.93.

Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $18.7 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. Shares are up 0.5% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Raytheon Company a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in stock price during the past year, 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 sub par growth in net income. Get the full Raytheon Company Ratings Report now.

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2. As of noon trading, Danaher Corporation ( DHR) is down $0.60 (-1.0%) to $62.05 on light volume Thus far, 833,635 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $61.71-$62.20 after having opened the day at $61.97 as compared to the previous trading day's close of $62.65.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. Danaher Corporation has a market cap of $43.2 billion and is part of the industrial industry. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 12.1% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Danaher Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Danaher 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, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Danaher Corporation Ratings Report now.

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1. As of noon trading, Boeing ( BA) is down $0.87 (-1.0%) to $85.56 on light volume Thus far, 2.3 million shares of Boeing exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $85.04-$85.77 after having opened the day at $85.07 as compared to the previous trading day's close of $86.43.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $64.0 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 14.7% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Boeing a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, 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 Boeing Ratings Report now.

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If you are interested in one of these 4 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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