5 Stocks Dragging In 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 5 stocks pushing the industry lower today:

5. ABB ( ABB) is one of the companies pushing the Industrial industry lower today. As of noon trading, ABB is down $0.29 (-1.3%) to $22.53 on average volume Thus far, 873,442 shares of ABB exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $22.49-$22.95 after having opened the day at $22.88 as compared to the previous trading day's close of $22.82.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $51.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Tuesday. 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, solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. 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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4. As of noon trading, Danaher Corporation ( DHR) is down $0.56 (-0.9%) to $61.18 on average volume Thus far, 1.5 million 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 $60.85-$61.90 after having opened the day at $61.84 as compared to the previous trading day's close of $61.74.

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 $42.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 10.4% year to date as of the close of trading on Tuesday. 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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3. As of noon trading, Honeywell International ( HON) is down $0.42 (-0.6%) to $73.79 on average volume Thus far, 1.6 million shares of Honeywell International exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $73.64-$74.57 after having opened the day at $74.40 as compared to the previous trading day's close of $74.21.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $58.2 billion and is part of the industrial goods sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 16.9% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Honeywell International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Honeywell International as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, 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 shows weak operating cash flow. Get the full Honeywell International Ratings Report now.

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2. As of noon trading, Caterpillar ( CAT) is down $0.77 (-0.9%) to $84.11 on heavy volume Thus far, 5.4 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 $83.60-$84.62 after having opened the day at $83.91 as compared to the previous trading day's close of $84.88.

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 $56.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. Shares are down 5.3% year to date as of the close of trading on Tuesday. 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.

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1. As of noon trading, General Electric ( GE) is down $0.21 (-0.9%) to $23.13 on average volume Thus far, 24.1 million shares of General Electric exchanged hands as compared to its average daily volume of 39.2 million shares. The stock has ranged in price between $23.00-$23.40 after having opened the day at $23.40 as compared to the previous trading day's close of $23.34.

General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $239.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 11.2% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate General Electric a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and good cash flow from operations. 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 General Electric Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

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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