3 Stocks Improving Performance Of The Industrial Industry

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 78 points (-0.5%) at 14,583 as of Wednesday, April 3, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 720 issues advancing vs. 2,193 declining with 115 unchanged.

The Industrial industry currently sits down 0.9% versus the S&P 500, which is down 0.7%. On the negative front, top decliners within the industry include Kubota Corporation ( KUB), down 3.3%, and Siemens ( SI), down 1.5%.

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

3. Illinois Tool Works ( ITW) is one of the companies pushing the Industrial industry higher today. As of noon trading, Illinois Tool Works is up $0.43 (0.7%) to $61.29 on average volume Thus far, 959,981 shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $60.77-$61.54 after having opened the day at $61.04 as compared to the previous trading day's close of $60.86.

Illinois Tool Works Inc. manufactures and sells a range of industrial products and equipment worldwide. Illinois Tool Works has a market cap of $27.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 11.6, 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 Tuesday. Currently there are 8 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Illinois Tool Works as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Illinois Tool Works Ratings Report now.

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2. As of noon trading, Emerson Electric ( EMR) is up $0.31 (0.6%) to $55.20 on average volume Thus far, 1.7 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 $54.70-$55.32 after having opened the day at $55.05 as compared to the previous trading day's close of $54.89.

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 $39.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.7, above the S&P 500 P/E ratio of 17.7. Shares are up 3.6% year to date as of the close of trading on Tuesday. 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, increase in stock price during the past year, 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 $0.41 (0.5%) to $84.45 on average volume Thus far, 2.0 million shares of Deere exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $83.83-$85.25 after having opened the day at $84.15 as compared to the previous trading day's close of $84.04.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $33.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7. Shares are down 2.8% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Deere a buy, 1 analyst rates 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 3 stocks, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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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