3 Stocks Improving Performance Of The Industrial Industry

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 66 points (0.4%) at 14,999 as of Wednesday, July 3, 2013, 12:51 PM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,690 declining with 89 unchanged.

The Industrial industry currently is unchanged today versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Siemens ( SI), up 0.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Precision Castparts ( PCP) is one of the companies pushing the Industrial industry higher today. As of noon trading, Precision Castparts is up $4.02 (1.8%) to $230.26 on light volume. Thus far, 189,105 shares of Precision Castparts exchanged hands as compared to its average daily volume of 677,600 shares. The stock has ranged in price between $225.68-$230.52 after having opened the day at $226.90 as compared to the previous trading day's close of $226.24.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $33.6 billion and is part of the industrial goods sector. Shares are up 19.4% year to date as of the close of trading on Tuesday. Currently there are 16 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, good cash flow from operations and impressive record of earnings per share growth. 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.

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