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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 1 points (0.0%) at 15,277 as of Thursday, May 16, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,398 issues advancing vs. 1,509 declining with 138 unchanged. The Industrial Goods sector currently is unchanged today versus the S&P 500, which is down 0.10. Top gainers within the sector include CAE ( CAE), up 6.0%, Joy Global ( JOY), up 1.7%, Danaher Corporation ( DHR), up 0.8% and CNH Global ( CNH), up 0.8%. On the negative front, top decliners within the sector include PulteGroup ( PHM), down 3.03, Lennar Corporation ( LEN), down 1.78, Fastenal Company ( FAST), down 1.42, Kubota Corporation ( KUB), down 1.10 and Honeywell International ( HON), down 0.73. TheStreet Ratings group would like to highlight 4 stocks pushing the sector higher today: 4. Flowserve Corporation ( FLS) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Flowserve Corporation is up $1.65 (0.99) to $167.92 on average volume Thus far, 161,330 shares of Flowserve Corporation exchanged hands as compared to its average daily volume of 406,900 shares. The stock has ranged in price between $165.24-$169.51 after having opened the day at $165.99 as compared to the previous trading day's close of $166.27. Flowserve Corporation engages in the design, manufacture, distribution, and service of industrial flow management equipment. Flowserve Corporation has a market cap of $7.9 billion and is part of the industrial industry. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 13.3% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Flowserve Corporation a buy, no analysts rate it a sell, and 4 rate it a hold. TheStreet Ratings rates Flowserve Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, 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 Flowserve 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.