5 Stocks Boosting The Industrial Industry Higher

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 72 points (0.5%) at 14,749 as of Thursday, April 25, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,049 issues advancing vs. 833 declining with 158 unchanged.

The Industrial industry currently sits up 0.7% versus the S&P 500, which is up 0.7%. Top gainers within the industry include Graco Incorporated ( GGG), up 5.6%, Illinois Tool Works ( ITW), up 2.5%, CNH Global ( CNH), up 2.3%, ABB ( ABB), up 2.1% and Parker Hannifin Corporation ( PH), up 1.5%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Danaher Corporation ( DHR) is one of the companies pushing the Industrial industry higher today. As of noon trading, Danaher Corporation is up $0.49 (0.82) to $60.45 on average volume Thus far, 1.1 million shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $59.83-$60.92 after having opened the day at $60.09 as compared to the previous trading day's close of $59.96.

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 $40.9 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are up 7.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Danaher Corporation as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures 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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4. As of noon trading, Cummins ( CMI) is up $3.23 (2.93) to $113.31 on average volume Thus far, 897,520 shares of Cummins exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $110.52-$114.04 after having opened the day at $110.54 as compared to the previous trading day's close of $110.08.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $20.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7. Shares are down 0.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Cummins as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, 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 Cummins Ratings Report now.

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3. As of noon trading, Emerson Electric ( EMR) is up $0.28 (0.51) to $55.56 on average volume Thus far, 1.6 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $55.09-$55.67 after having opened the day at $55.45 as compared to the previous trading day's close of $55.28.

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 $39.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are up 4.4% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Emerson Electric Ratings Report now.

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2. As of noon trading, Deere ( DE) is up $1.44 (1.69) to $86.56 on light volume Thus far, 983,314 shares of Deere exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $85.47-$86.83 after having opened the day at $85.65 as compared to the previous trading day's close of $85.12.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $33.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are down 1.9% year to date as of the close of trading on Wednesday.

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, impressive record of earnings per share growth, increase in net income and increase in stock price during the past year. 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.

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.

1. As of noon trading, Caterpillar ( CAT) is up $0.87 (1.04) to $84.65 on average volume Thus far, 3.8 million shares of Caterpillar exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $84.02-$84.88 after having opened the day at $84.70 as compared to the previous trading day's close of $83.78.

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 $55.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Wednesday.

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.

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 5 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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