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. 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. 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%. TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today: 5. Dover Corporation ( DOV) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Dover Corporation is down $1.12 (-1.6%) to $68.82 on light volume Thus far, 233,901 shares of Dover Corporation exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $68.66-$69.98 after having opened the day at $69.97 as compared to the previous trading day's close of $69.94. Dover Corporation manufactures and sells a range of specialized products and components, and provides related consumables and services. The company operates in four segments: Communication Technologies, Energy, Engineered Systems, and Printing and Identification. Dover Corporation has a market cap of $12.0 billion and is part of the industrial industry. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are up 6.4% year to date as of the close of trading on Thursday. TheStreet Ratings rates Dover Corporation 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 expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Dover Corporation 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.
4. As of noon trading, Parker Hannifin Corporation ( PH) is down $2.41 (-2.7%) to $88.14 on light volume Thus far, 432,285 shares of Parker Hannifin Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $88.07-$91.12 after having opened the day at $90.66 as compared to the previous trading day's close of $90.55. Parker Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components worldwide. Parker Hannifin Corporation has a market cap of $13.3 billion and is part of the industrial industry. The company has a P/E ratio of 13.2, 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 Parker Hannifin Corporation as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Parker Hannifin Corporation 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.
3. As of noon trading, Ingersoll-Rand ( IR) is down $1.04 (-1.9%) to $53.74 on average volume Thus far, 868,013 shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $53.74-$54.90 after having opened the day at $54.81 as compared to the previous trading day's close of $54.79. Ingersoll-Rand plc engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $16.1 billion and is part of the industrial industry. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7. Shares are up 14.3% year to date as of the close of trading on Thursday. TheStreet Ratings rates Ingersoll-Rand as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Ingersoll-Rand 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.
2. As of noon trading, Illinois Tool Works ( ITW) is down $0.94 (-1.4%) to $64.24 on average volume Thus far, 1.3 million shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $64.21-$65.24 after having opened the day at $65.18 as compared to the previous trading day's close of $65.18. Illinois Tool Works Inc. manufactures and sells a range of industrial products and equipment worldwide. Illinois Tool Works has a market cap of $29.0 billion and is part of the industrial industry. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are up 7.2% year to date as of the close of trading on Thursday. 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. 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, Honeywell International ( HON) is down $0.75 (-1.0%) to $73.78 on average volume Thus far, 1.5 million shares of Honeywell International exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $73.68-$74.68 after having opened the day at $74.56 as compared to the previous trading day's close of $74.53. Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $58.9 billion and is part of the industrial industry. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 17.4% year to date as of the close of trading on Thursday. 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. 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.
