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.

3. As of noon trading, Royal Philips ( PHG) is down $0.16 (-0.6%) to $27.24 on average volume. Thus far, 379,659 shares of Royal Philips exchanged hands as compared to its average daily volume of 853,700 shares. The stock has ranged in price between $26.98-$27.26 after having opened the day at $27.03 as compared to the previous trading day's close of $27.40.

Koninklijke Philips N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Royal Philips has a market cap of $25.0 billion and is part of the industrial goods sector. Shares are up 3.2% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Philips as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. Get the full Royal Philips 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, Cummins ( CMI) is down $1.34 (-1.2%) to $108.86 on average volume. Thus far, 1.2 million shares of Cummins exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $107.51-$109.30 after having opened the day at $108.92 as compared to the previous trading day's close of $110.20.

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 $20.9 billion and is part of the industrial goods sector. Shares are up 1.7% 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 6 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, solid stock price performance 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.

1. As of noon trading, Caterpillar ( CAT) is down $0.65 (-0.8%) to $81.83 on light volume. Thus far, 2.2 million shares of Caterpillar exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $81.56-$82.50 after having opened the day at $82.15 as compared to the previous trading day's close of $82.48.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $54.4 billion and is part of the industrial goods sector. Shares are down 8.0% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Caterpillar a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Caterpillar 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).
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