4 Stocks Moving The Industrial Goods Sector Upward

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.2%) at 15,060 as of Friday, May 10, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,371 declining with 121 unchanged.

The Industrial Goods sector currently sits up 0.2% versus the S&P 500, which is unchanged. Top gainers within the sector include Royal Philips Electronics ( PHG), up 2.8%, Fastenal Company ( FAST), up 2.1% and Cemex S.A.B. de C.V ( CX), up 1.9%. On the negative front, top decliners within the sector include Nidec Corporation ( NJ), down 2.94, and ABB ( ABB), down 1.72.

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

4. Kubota Corporation ( KUB) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Kubota Corporation is up $1.73 (2.41) to $73.63 on light volume Thus far, 19,509 shares of Kubota Corporation exchanged hands as compared to its average daily volume of 107,800 shares. The stock has ranged in price between $72.32-$73.68 after having opened the day at $72.46 as compared to the previous trading day's close of $71.90.

Kubota Corporation, together with its subsidiaries, manufactures and sells machinery, and other industrial and consumer products. Kubota Corporation has a market cap of $18.4 billion and is part of the industrial industry. The company has a P/E ratio of 38.2, above the S&P 500 P/E ratio of 17.7. Shares are up 24.8% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Kubota Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Kubota Corporation as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Kubota Corporation Ratings Report now.

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