3 Stocks Advancing The Industrial Goods Sector

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 22 points (-0.2%) at 14,429 as of Tuesday, March 19, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,094 issues advancing vs. 1,811 declining with 142 unchanged.

The Industrial Goods sector currently sits down 0.5% versus the S&P 500, which is down 0.4%. A company within the sector that increased today was Koninklijke Philips Electronics ( PHG), up 1.8%. On the negative front, top decliners within the sector include Cemex S.A.B. de C.V ( CX), down 1.7%, AGCO ( AGCO), down 1.8%, Vulcan Materials Company ( VMC), down 1.6%, Caterpillar ( CAT), down 1.5% and Deere ( DE), down 1.4%.

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

3. Siemens ( SI) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Siemens is up $0.68 (0.6%) to $109.11 on heavy volume Thus far, 244,741 shares of Siemens exchanged hands as compared to its average daily volume of 280,000 shares. The stock has ranged in price between $108.48-$110.00 after having opened the day at $109.91 as compared to the previous trading day's close of $108.43.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. Siemens has a market cap of $91.8 billion and is part of the industrial industry. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7. Shares are down 1.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Siemens a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Siemens 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, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share 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 Siemens Ratings Report now.

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2. As of noon trading, Weyerhaeuser ( WY) is up $0.63 (2.1%) to $30.83 on average volume Thus far, 2.3 million shares of Weyerhaeuser exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $30.48-$30.87 after having opened the day at $30.61 as compared to the previous trading day's close of $30.20.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. Weyerhaeuser has a market cap of $16.7 billion and is part of the materials & construction industry. The company has a P/E ratio of 43.0, above the S&P 500 P/E ratio of 17.7. Shares are up 8.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Weyerhaeuser a buy, 5 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Weyerhaeuser as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Weyerhaeuser Ratings Report now.

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1. As of noon trading, Lockheed Martin Corporation ( LMT) is up $0.59 (0.6%) to $92.95 on light volume Thus far, 698,680 shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $92.46-$93.57 after having opened the day at $92.73 as compared to the previous trading day's close of $92.36.

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products for defense, civil, and commercial applications in the United States and internationally. Lockheed Martin Corporation has a market cap of $29.8 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 11.1, 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 Monday. Currently there are 4 analysts that rate Lockheed Martin Corporation a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Lockheed Martin Corporation as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and weak operating cash flow. Get the full Lockheed Martin Corporation Ratings Report now.

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If you are interested in one of these 3 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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