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 Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 60 points (0.4%) at 15,029 as of Tuesday, May 7, 2013, 12:54 PM ET. The NYSE advances/declines ratio sits at 1,907 issues advancing vs. 994 declining with 159 unchanged. The Industrial Goods sector currently sits up 0.2% versus the S&P 500, which is up 0.3%. Top gainers within the sector include Dresser-Rand Group ( DRC), up 4.9%, Timken Company ( TKR), up 2.9%, Stanley Black & Decker ( SWK), up 2.5%, Fastenal Company ( FAST), up 1.9% and Eaton Corporation ( ETN), up 1.7%. On the negative front, top decliners within the sector include James Hardie Industries ( JHX), down 2.36, Royal Philips Electronics ( PHG), down 2.02, NVR ( NVR), down 1.75 and Emerson Electric ( EMR), down 1.61. TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today: 5. Raytheon Company ( RTN) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Raytheon Company is up $0.58 (0.91) to $63.56 on light volume Thus far, 482,342 shares of Raytheon Company exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $63.00-$63.62 after having opened the day at $63.13 as compared to the previous trading day's close of $62.98. 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 $20.5 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7. Shares are up 9.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Raytheon Company a buy, 1 analyst rates it a sell, and 9 rate it a hold. TheStreet Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Raytheon Company 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.