5 Stocks Advancing The Industrial Industry

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 87 points (-0.6%) at 14,874 as of Thursday, June 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,603 declining with 125 unchanged.

The Industrial industry currently is unchanged today versus the S&P 500, which is down 0.38. A company within the industry that increased today was CNH Global ( CNH), up 2.27.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Royal Philips ( PHG) is one of the companies pushing the Industrial industry higher today. As of noon trading, Royal Philips is up $0.35 (1.25) to $28.35 on heavy volume Thus far, 832,623 shares of Royal Philips exchanged hands as compared to its average daily volume of 814,600 shares. The stock has ranged in price between $28.26-$28.64 after having opened the day at $28.58 as compared to the previous trading day's close of $28.00.

Koninklijke Philips N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Royal Philips has a market cap of $25.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 76.6, above the S&P 500 P/E ratio of 17.7. Shares are up 5.5% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Philips as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. Get the full Royal Philips Ratings Report now.

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4. As of noon trading, ABB ( ABB) is up $0.11 (0.53) to $21.71 on average volume Thus far, 1.0 million shares of ABB exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $21.61-$21.78 after having opened the day at $21.68 as compared to the previous trading day's close of $21.60.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $50.7 billion and is part of the technology sector. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 3.9% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate ABB a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates ABB as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ABB Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Mohawk Industries ( MHK) is up $2.69 (2.54) to $108.77 on average volume Thus far, 397,644 shares of Mohawk Industries exchanged hands as compared to its average daily volume of 746,900 shares. The stock has ranged in price between $106.00-$109.63 after having opened the day at $106.47 as compared to the previous trading day's close of $106.08.

Mohawk Industries, Inc., together with its subsidiaries, produces floor covering products for residential and commercial applications in the United States and for residential applications in Europe. The company operates through three segments: Mohawk, Dal-Tile, and Unilin. Mohawk Industries has a market cap of $7.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 28.5, above the S&P 500 P/E ratio of 17.7. Shares are up 17.3% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Mohawk Industries a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Mohawk Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Mohawk Industries Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Precision Castparts ( PCP) is up $2.19 (1.04) to $212.30 on light volume Thus far, 178,484 shares of Precision Castparts exchanged hands as compared to its average daily volume of 641,900 shares. The stock has ranged in price between $209.97-$214.12 after having opened the day at $210.20 as compared to the previous trading day's close of $210.11.

Precision Castparts Corp. manufactures and sells metal components and products worldwide. Precision Castparts has a market cap of $31.3 billion and is part of the industrial goods sector. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 10.9% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Precision Castparts as a buy. 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, expanding profit margins, impressive record of earnings per share growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Precision Castparts Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Cummins ( CMI) is up $1.35 (1.16) to $117.35 on average volume Thus far, 828,447 shares of Cummins exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $115.74-$117.79 after having opened the day at $116.01 as compared to the previous trading day's close of $116.00.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $22.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are up 7.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Cummins a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Cummins 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, good cash flow from operations, increase in stock price during the past year, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Cummins Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

A reminder about TheStreet Ratings group: 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.

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