Today's Stocks Driving Success For The Industrial Goods Sector

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 89 points (0.6%) at 15,077 as of Friday, July 5, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,417 issues advancing vs. 1,574 declining with 76 unchanged.

The Industrial Goods sector currently sits up 0.3% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Ingersoll-Rand ( IR), up 2.5%, Roper Industries ( ROP), up 2.1%, Parker Hannifin Corporation ( PH), up 2.1%, Precision Castparts ( PCP), up 2.0% and Kubota Corporation ( KUB), up 1.9%. A company within the sector that fell today was Siemens ( SI), up 1.7%.

TheStreet would like to highlight 5 stocks pushing the sector higher today:

5. Danaher Corporation ( DHR) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Danaher Corporation is up $0.64 (1.0%) to $64.27 on light volume. Thus far, 713,141 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $64.02-$64.50 after having opened the day at $64.17 as compared to the previous trading day's close of $63.63.

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 $44.1 billion and is part of the industrial industry. Shares are up 13.8% year to date as of the close of trading on Wednesday. Currently there are 14 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, solid stock price performance, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Danaher Corporation Ratings Report now.

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4. As of noon trading, Lockheed Martin Corporation ( LMT) is up $1.18 (1.1%) to $108.38 on light volume. Thus far, 393,420 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 $107.37-$108.55 after having opened the day at $107.38 as compared to the previous trading day's close of $107.20.

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 $34.1 billion and is part of the aerospace/defense industry. Shares are up 16.2% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Lockheed Martin Corporation a buy, 1 analyst rates it a sell, and 12 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.

3. As of noon trading, Eaton Corporation ( ETN) is up $1.12 (1.7%) to $67.34 on light volume. Thus far, 1.2 million shares of Eaton Corporation exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $66.55-$67.36 after having opened the day at $66.61 as compared to the previous trading day's close of $66.22.

Eaton Corporation plc operates as a diversified power management company worldwide. The company operates through Electrical Americas, Electrical Rest of World, Cooper, Hydraulics, Aerospace, Truck, and Automotive segments. Eaton Corporation has a market cap of $31.2 billion and is part of the electronics industry. Shares are up 22.2% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Eaton Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Eaton Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Eaton 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, Boeing ( BA) is up $0.98 (0.9%) to $103.87 on light volume. Thus far, 1.5 million shares of Boeing exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $102.75-$104.10 after having opened the day at $103.70 as compared to the previous trading day's close of $102.89.

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 $77.0 billion and is part of the aerospace/defense industry. Shares are up 36.5% year to date as of the close of trading on Wednesday. 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.

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, General Electric ( GE) is up $0.21 (0.9%) to $23.12 on light volume. Thus far, 9.9 million shares of General Electric exchanged hands as compared to its average daily volume of 42.6 million shares. The stock has ranged in price between $22.95-$23.23 after having opened the day at $23.17 as compared to the previous trading day's close of $22.91.

General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $236.8 billion and is part of the industrial industry. Shares are up 9.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate General Electric a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, increase in net income, expanding profit margins and notable return on equity. 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 General Electric 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 5 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).
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