CNH, DOV And HON, Pushing Industrial Industry Downward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 8 points (0.1%) at 15,256 as of Monday, June 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,353 issues advancing vs. 1,578 declining with 107 unchanged.

The Industrial industry currently sits up 0.3% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Caterpillar ( CAT), down 0.97, and Deere ( DE), down 0.58. Top gainers within the industry include Nidec Corporation ( NJ), up 3.5%, Kubota Corporation ( KUB), up 3.2%, Eaton Corporation ( ETN), up 0.6%, Danaher Corporation ( DHR), up 0.5% and Precision Castparts ( PCP), up 0.5%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. CNH Global ( CNH) is one of the companies pushing the Industrial industry lower today. As of noon trading, CNH Global is down $0.47 (-1.1%) to $44.21 on light volume Thus far, 106,584 shares of CNH Global exchanged hands as compared to its average daily volume of 474,700 shares. The stock has ranged in price between $43.78-$44.37 after having opened the day at $44.12 as compared to the previous trading day's close of $44.68.

CNH Global N.V. manufactures, markets, and distributes a line of agricultural and construction equipment and parts worldwide. The company operates in three segments: Agricultural Equipment, Construction Equipment, and Financial Services. CNH Global has a market cap of $10.7 billion and is part of the industrial goods sector. The company has a P/E ratio of 9.0, below 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 Friday. Currently there is 1 analyst that rates CNH Global a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CNH Global as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full CNH Global Ratings Report now.

STOCKS TO BUY: 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, Dover Corporation ( DOV) is down $0.78 (-1.0%) to $78.74 on light volume Thus far, 376,585 shares of Dover Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $78.68-$79.76 after having opened the day at $79.72 as compared to the previous trading day's close of $79.52.

Dover Corporation manufactures and sells a range of specialized products and components, and provides related consumables and services. The company operates in four segments: Communication Technologies, Energy, Engineered Systems, and Printing and Identification. Dover Corporation has a market cap of $13.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are up 21.0% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Dover Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Dover Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Dover Corporation Ratings Report now.

STOCKS TO BUY: 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, Honeywell International ( HON) is down $0.42 (-0.5%) to $78.66 on average volume Thus far, 1.4 million shares of Honeywell International exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $78.40-$79.31 after having opened the day at $79.24 as compared to the previous trading day's close of $79.08.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $61.1 billion and is part of the industrial goods sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 24.6% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate Honeywell International a buy, no analysts rate it a sell, and 4 rate it a hold.

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

STOCKS TO BUY: 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 3 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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