3 Industrial Stocks Dragging The Industry Down

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 11 points (0.1%) at 15,533 as of Tuesday, July 30, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,505 issues advancing vs. 1,392 declining with 116 unchanged.

The Industrial industry currently sits up 0.4% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include 3D Systems Corporation ( DDD), down 5.9%, and Royal Philips ( PHG), down 1.1%. Top gainers within the industry include Chart Industries ( GTLS), up 14.9%, Carpenter Technology Corporation ( CRS), up 13.7%, Rockwell Automation ( ROK), up 5.5%, Mohawk Industries ( MHK), up 2.5% and Tenaris ( TS), up 2.4%.

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

3. Xylem ( XYL) is one of the companies pushing the Industrial industry lower today. As of noon trading, Xylem is down $3.16 (-11.1%) to $25.30 on heavy volume. Thus far, 5.2 million shares of Xylem exchanged hands as compared to its average daily volume of 968,700 shares. The stock has ranged in price between $23.61-$26.68 after having opened the day at $26.00 as compared to the previous trading day's close of $28.46.

Xylem Inc. engages in the design, manufacture, and application of engineered technologies for water and wastewater applications. The company operates in two segments, Water Infrastructure and Applied Water. Xylem has a market cap of $5.3 billion and is part of the industrial goods sector. Shares are up 5.0% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Xylem a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Xylem as a hold. 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 and increase in stock price during the past year. 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 Xylem 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, Precision Castparts ( PCP) is down $1.30 (-0.6%) to $223.15 on light volume. Thus far, 144,546 shares of Precision Castparts exchanged hands as compared to its average daily volume of 730,100 shares. The stock has ranged in price between $223.02-$226.35 after having opened the day at $225.35 as compared to the previous trading day's close of $224.45.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $32.9 billion and is part of the industrial goods sector. Shares are up 18.5% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Precision Castparts as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Precision Castparts 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, Deere ( DE) is down $0.63 (-0.8%) to $82.39 on average volume. Thus far, 2.1 million shares of Deere exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $81.36-$82.67 after having opened the day at $82.03 as compared to the previous trading day's close of $83.02.

Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry equipment worldwide. Deere has a market cap of $32.1 billion and is part of the industrial goods sector. Shares are down 3.9% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Deere a buy, 2 analysts rate it a sell, and 7 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 increase in stock price during the past year. 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.

If you are interested in one of these 5 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).

null

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists