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%. 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. 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%. TheStreet Ratings group would like to highlight 3 stocks pushing the sector lower today: 3. Colfax Corporation ( CFX) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Colfax Corporation is down $1.09 (-2.4%) to $45.16 on heavy volume Thus far, 1.6 million shares of Colfax Corporation exchanged hands as compared to its average daily volume of 642,700 shares. The stock has ranged in price between $44.71-$45.69 after having opened the day at $45.48 as compared to the previous trading day's close of $46.25. Colfax Corporation, a diversified industrial manufacturing and engineering company, provides gas- and fluid-handling and fabrication technology products and services to commercial and governmental customers worldwide. Colfax Corporation has a market cap of $4.3 billion and is part of the industrial industry. The company has a P/E ratio of 73.9, above the S&P 500 P/E ratio of 17.7. Shares are up 14.6% year to date as of the close of trading on Monday. TheStreet Ratings rates Colfax Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Colfax 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.