Industrial Goods Stocks On The Rise With Help From 4 Stocks

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 62 points (-0.4%) at 15,060 as of Wednesday, June 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 760 issues advancing vs. 2,254 declining with 88 unchanged.

The Industrial Goods sector currently sits down 0.32 versus the S&P 500, which is down 0.61. On the negative front, top decliners within the sector include Cemex S.A.B. de C.V ( CX), down 2.57, CNH Global ( CNH), down 2.21, Fluor Corporation ( FLR), down 1.98, Sherwin-Williams Company ( SHW), down 1.71 and Rayonier ( RYN), down 1.63.

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 $0.45 (0.58) to $78.31 on light volume Thus far, 45,413 shares of Kubota Corporation exchanged hands as compared to its average daily volume of 126,600 shares. The stock has ranged in price between $78.14-$80.10 after having opened the day at $80.09 as compared to the previous trading day's close of $77.86.

Kubota Corporation, together with its subsidiaries, manufactures and sells machinery, and other industrial and consumer products. Kubota Corporation has a market cap of $19.8 billion and is part of the industrial industry. The company has a P/E ratio of 41.0, above the S&P 500 P/E ratio of 17.7. Shares are up 35.0% year to date as of the close of trading on Tuesday. 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Kubota Corporation 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, Colfax Corporation ( CFX) is up $0.59 (1.16) to $51.60 on average volume Thus far, 581,522 shares of Colfax Corporation exchanged hands as compared to its average daily volume of 839,300 shares. The stock has ranged in price between $50.51-$51.80 after having opened the day at $51.29 as compared to the previous trading day's close of $51.01.

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 $5.2 billion and is part of the industrial industry. The company has a P/E ratio of 83.2, above the S&P 500 P/E ratio of 17.7. Shares are up 26.4% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Colfax Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Colfax Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Colfax Corporation 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, Masco Corporation ( MAS) is up $0.38 (1.94) to $19.93 on average volume Thus far, 2.9 million shares of Masco Corporation exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $19.53-$20.16 after having opened the day at $19.73 as compared to the previous trading day's close of $19.55.

Masco Corporation engages in the manufacture, distribution, and installation of home improvement and building products primarily in North America and Europe. Masco Corporation has a market cap of $7.2 billion and is part of the materials & construction industry. Shares are up 17.3% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Masco Corporation a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Masco Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Masco Corporation 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, Lockheed Martin Corporation ( LMT) is up $0.43 (0.41) to $106.39 on light volume Thus far, 500,872 shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $106.30-$107.38 after having opened the day at $106.91 as compared to the previous trading day's close of $105.96.

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products for defense, civil, and commercial applications in the United States and internationally. Lockheed Martin Corporation has a market cap of $34.2 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 14.8% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Lockheed Martin Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Lockheed Martin Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, notable return on equity, good cash flow from operations and increase in net income. 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 Lockheed Martin Corporation 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 4 stocks, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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.

null

More from Markets

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Dow Futures Plunge, Global Markets Rocked as Trump Takes Trade War to Next Level

Asia Markets Fall on Latest Tariff Threats From Trump

Asia Markets Fall on Latest Tariff Threats From Trump

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes