DHR, CMI, DE, UTX And BA, Pushing Industrial Goods Sector 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 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 2.34, CNH Global ( CNH), down 2.15, Fluor Corporation ( FLR), down 1.53, Sherwin-Williams Company ( SHW), down 1.71 and Rayonier ( RYN), down 1.51.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Danaher Corporation ( DHR) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Danaher Corporation is down $0.55 (-0.9%) to $61.66 on average volume Thus far, 1.2 million shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $61.61-$62.43 after having opened the day at $62.43 as compared to the previous trading day's close of $62.21.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. Danaher Corporation has a market cap of $43.1 billion and is part of the industrial industry. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 11.3% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Danaher Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Danaher 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, impressive record of earnings per share growth, 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 Danaher 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.

4. As of noon trading, Cummins ( CMI) is down $1.05 (-0.9%) to $116.38 on average volume Thus far, 826,769 shares of Cummins exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $116.07-$118.63 after having opened the day at $118.56 as compared to the previous trading day's close of $117.43.

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 $22.5 billion and is part of the industrial industry. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7. Shares are up 8.4% year to date as of the close of trading on Tuesday. 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.

STOCKS TO BUY: 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, Deere ( DE) is down $0.88 (-1.0%) to $84.36 on average volume Thus far, 1.2 million shares of Deere exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $84.29-$86.02 after having opened the day at $85.88 as compared to the previous trading day's close of $85.24.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $33.4 billion and is part of the industrial industry. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Deere a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Deere 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, increase in stock price during the past year 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 Deere 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, United Technologies ( UTX) is down $0.49 (-0.5%) to $93.19 on light volume Thus far, 1.0 million shares of United Technologies exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $93.08-$94.84 after having opened the day at $94.60 as compared to the previous trading day's close of $93.68.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $86.5 billion and is part of the industrial industry. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 14.2% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate United Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, 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 weak operating cash flow. Get the full United Technologies 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, Boeing ( BA) is down $0.68 (-0.7%) to $101.07 on light volume Thus far, 1.4 million shares of Boeing exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $100.80-$102.42 after having opened the day at $102.19 as compared to the previous trading day's close of $101.75.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $77.6 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 19.2, 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 are 17 analysts that rate Boeing a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Boeing 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 and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Boeing 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 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.

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