5 Stocks Dragging In The Industrial Goods Sector

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.1%) at 15,403 as of Monday, Aug. 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,506 issues advancing vs. 1,423 declining with 115 unchanged.

The Industrial Goods sector currently is unchanged today versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Rockwell Collins ( COL), down 1.8%, Fastenal Company ( FAST), down 1.2%, Nidec Corporation ( NJ), down 0.8% and Tenaris ( TS), down 0.7%. Top gainers within the sector include Stratasys ( SSYS), up 5.3%, James Hardie Industries ( JHX), up 3.8%, Chart Industries ( GTLS), up 3.5%, Stanley Black & Decker ( SWK), up 2.7% and Toll Brothers ( TOL), up 2.2%.

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

5. Raytheon Company ( RTN) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Raytheon Company is down $0.95 (-1.2%) to $76.03 on average volume. Thus far, 919,907 shares of Raytheon Company exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $76.01-$76.95 after having opened the day at $76.82 as compared to the previous trading day's close of $76.98.

Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $24.8 billion and is part of the aerospace/defense industry. Shares are up 33.7% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Raytheon Company a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Raytheon Company 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, Precision Castparts ( PCP) is down $2.71 (-1.2%) to $215.83 on average volume. Thus far, 502,869 shares of Precision Castparts exchanged hands as compared to its average daily volume of 712,100 shares. The stock has ranged in price between $215.27-$218.15 after having opened the day at $218.00 as compared to the previous trading day's close of $218.54.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $32.3 billion and is part of the industrial industry. Shares are up 15.4% year to date as of the close of trading on Friday. 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.

3. As of noon trading, General Dynamics ( GD) is down $0.82 (-0.9%) to $86.10 on light volume. Thus far, 513,644 shares of General Dynamics exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $85.94-$86.71 after having opened the day at $86.71 as compared to the previous trading day's close of $86.92.

General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. General Dynamics has a market cap of $30.4 billion and is part of the aerospace/defense industry. Shares are up 25.5% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate General Dynamics a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates General Dynamics as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share 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 General Dynamics 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, Weyerhaeuser ( WY) is down $0.37 (-1.3%) to $27.44 on light volume. Thus far, 1.8 million shares of Weyerhaeuser exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $27.34-$27.73 after having opened the day at $27.68 as compared to the previous trading day's close of $27.81.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. Weyerhaeuser has a market cap of $15.9 billion and is part of the materials & construction industry. Shares are down 0.0% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Weyerhaeuser a buy, 4 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Weyerhaeuser as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Weyerhaeuser 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, Boeing ( BA) is down $0.75 (-0.7%) to $104.58 on light volume. Thus far, 1.8 million shares of Boeing exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $104.22-$105.07 after having opened the day at $104.83 as compared to the previous trading day's close of $105.33.

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 $79.9 billion and is part of the aerospace/defense industry. Shares are up 39.8% year to date as of the close of trading on Friday. 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 revenue growth, good cash flow from operations, 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.

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 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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