5 Stocks Dragging In 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. 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.

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