3 Stocks Dragging The Industrial Industry Downward

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 19 points (-0.1%) at 15,282 as of Wednesday, July 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,222 issues advancing vs. 1,685 declining with 126 unchanged.

The Industrial industry currently is unchanged today versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Emerson Electric ( EMR), up 0.9%. A company within the industry that increased today was Siemens ( SI), up 1.0%.

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

3. Illinois Tool Works ( ITW) is one of the companies pushing the Industrial industry lower today. As of noon trading, Illinois Tool Works is down $0.43 (-0.6%) to $70.71 on light volume. Thus far, 640,442 shares of Illinois Tool Works exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $70.60-$71.07 after having opened the day at $70.98 as compared to the previous trading day's close of $71.14.

Illinois Tool Works Inc. manufactures and sells a range of industrial products and equipment worldwide. Illinois Tool Works has a market cap of $31.9 billion and is part of the industrial goods sector. Shares are up 16.3% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Illinois Tool Works a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Illinois Tool Works 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, notable return on equity, expanding profit margins, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Illinois Tool Works 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, Deere ( DE) is down $1.14 (-1.4%) to $82.77 on average volume. Thus far, 1.6 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 $82.54-$84.00 after having opened the day at $83.95 as compared to the previous trading day's close of $83.91.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $31.6 billion and is part of the industrial goods sector. Shares are down 5.9% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Deere a buy, 2 analysts rate it a sell, and 6 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, good cash flow from operations 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 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.

1. As of noon trading, United Technologies ( UTX) is down $0.54 (-0.6%) to $97.48 on light volume. Thus far, 1.2 million shares of United Technologies exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $97.38-$98.10 after having opened the day at $98.01 as compared to the previous trading day's close of $98.02.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $89.2 billion and is part of the industrial goods sector. Shares are up 19.5% year to date as of the close of trading on Tuesday. Currently there are 16 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.

If you are interested in one of these 4 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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