5 Stocks Pushing The Industrial Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 44 points (-0.3%) at 15,515 as of Monday, July 29, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 829 issues advancing vs. 2,095 declining with 99 unchanged.

The Industrial industry currently sits down 0.2% versus the S&P 500, which is down 0.4%. A company within the industry that fell today was Siemens ( SI), up 1.0%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Lincoln Electric Holdings ( LECO) is one of the companies pushing the Industrial industry lower today. As of noon trading, Lincoln Electric Holdings is down $2.39 (-3.9%) to $58.55 on heavy volume. Thus far, 529,803 shares of Lincoln Electric Holdings exchanged hands as compared to its average daily volume of 301,400 shares. The stock has ranged in price between $57.13-$61.02 after having opened the day at $60.00 as compared to the previous trading day's close of $60.94.

Lincoln Electric Holdings, Inc., through its subsidiaries, engages in the design, manufacture, and sale of welding, cutting, and brazing products worldwide. Lincoln Electric Holdings has a market cap of $5.0 billion and is part of the industrial goods sector. Shares are up 24.5% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Lincoln Electric Holdings a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Lincoln Electric Holdings 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, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Lincoln Electric Holdings 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.

4. As of noon trading, Royal Philips ( PHG) is down $0.30 (-0.9%) to $31.92 on light volume. Thus far, 183,834 shares of Royal Philips exchanged hands as compared to its average daily volume of 862,400 shares. The stock has ranged in price between $31.89-$32.05 after having opened the day at $32.03 as compared to the previous trading day's close of $32.22.

Koninklijke Philips N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Royal Philips has a market cap of $29.7 billion and is part of the consumer goods sector. Shares are up 21.4% year to date as of the close of trading on Friday. Currently there are 2 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 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 expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. 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.

3. As of noon trading, ABB ( ABB) is down $0.20 (-0.9%) to $21.94 on light volume. Thus far, 548,800 shares of ABB exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $21.93-$22.11 after having opened the day at $22.02 as compared to the previous trading day's close of $22.14.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $51.5 billion and is part of the industrial goods sector. Shares are up 7.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate ABB a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates ABB as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full ABB 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, Tenaris ( TS) is down $0.46 (-1.1%) to $43.47 on light volume. Thus far, 354,265 shares of Tenaris exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $43.32-$43.78 after having opened the day at $43.64 as compared to the previous trading day's close of $43.93.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $25.8 billion and is part of the industrial goods sector. Shares are up 4.8% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Tenaris a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Tenaris 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, expanding profit margins, increase in stock price during the past year 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 Tenaris 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, Roper Industries ( ROP) is down $3.49 (-2.7%) to $127.72 on average volume. Thus far, 346,844 shares of Roper Industries exchanged hands as compared to its average daily volume of 490,400 shares. The stock has ranged in price between $125.98-$129.00 after having opened the day at $127.41 as compared to the previous trading day's close of $131.21.

Roper Industries, Inc. designs, manufactures, and distributes radio frequency (RF) products and services, industrial technology products, energy systems and controls, and medical and scientific imaging products and software. Roper Industries has a market cap of $13.0 billion and is part of the industrial goods sector. Shares are up 18.0% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Roper Industries a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Roper Industries 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, increase in net income, revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Roper Industries 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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