4 Stocks Dragging The Industrial Industry Downward

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 0.7%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. CNH Global ( CNH) is one of the companies pushing the Industrial industry lower today. As of noon trading, CNH Global is down $0.53 (-1.2%) to $41.71 on light volume. Thus far, 101,404 shares of CNH Global exchanged hands as compared to its average daily volume of 349,700 shares. The stock has ranged in price between $41.32-$41.76 after having opened the day at $41.44 as compared to the previous trading day's close of $42.24.

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 $10.2 billion and is part of the industrial goods sector. Shares are up 5.0% year to date as of the close of trading on Tuesday. 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.

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