Today's Stocks Driving Success For 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 6 points (0.0%) at 14,695 as of Friday, April 26, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 953 issues advancing vs. 1,941 declining with 134 unchanged.

The Industrial Goods sector currently sits down 0.84 versus the S&P 500, which is down 0.43. Top gainers within the sector include DR Horton ( DHI), up 6.5%, Republic Services ( RSG), up 2.0%, PulteGroup ( PHM), up 1.9% and Nidec Corporation ( NJ), up 1.6%. On the negative front, top decliners within the sector include Dresser-Rand Group ( DRC), down 5.97, Embraer S.A ( ERJ), down 4.63, Kubota Corporation ( KUB), down 3.60, Vulcan Materials Company ( VMC), down 3.21 and Stanley Black & Decker ( SWK), down 2.21.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector higher today:

4. Raytheon Company ( RTN) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Raytheon Company is up $0.70 (1.18) to $60.00 on average volume Thus far, 1.0 million shares of Raytheon Company exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $59.39-$60.18 after having opened the day at $59.59 as compared to the previous trading day's close of $59.30.

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 $19.0 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 3.0% year to date as of the close of trading on Thursday.

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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3. As of noon trading, Lockheed Martin Corporation ( LMT) is up $0.52 (0.52) to $98.78 on light volume Thus far, 735,630 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 $98.14-$99.11 after having opened the day at $98.27 as compared to the previous trading day's close of $98.27.

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 $31.4 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 11.3, below the S&P 500 P/E ratio of 17.7. Shares are up 6.5% year to date as of the close of trading on Thursday.

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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2. As of noon trading, Boeing ( BA) is up $1.27 (1.39) to $92.94 on average volume Thus far, 3.5 million shares of Boeing exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $91.67-$93.38 after having opened the day at $91.89 as compared to the previous trading day's close of $91.67.

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 $68.8 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are up 21.6% year to date as of the close of trading on Thursday.

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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1. As of noon trading, General Electric ( GE) is up $0.12 (0.55) to $22.07 on average volume Thus far, 22.5 million shares of General Electric exchanged hands as compared to its average daily volume of 39.6 million shares. The stock has ranged in price between $21.97-$22.21 after having opened the day at $22.00 as compared to the previous trading day's close of $21.95.

General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $227.7 billion and is part of the industrial industry. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are up 4.6% year to date as of the close of trading on Thursday.

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