4 Industrial Stocks On The Rise

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 93 points (0.6%) at 15,285 as of Wednesday, Sept. 11, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,438 issues advancing vs. 1,461 declining with 119 unchanged.

The Industrial industry currently is unchanged today versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Nidec Corporation ( NJ), down 1.8%, and Tenaris ( TS), down 0.6%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. ABB ( ABB) is one of the companies pushing the Industrial industry higher today. As of noon trading, ABB is up $0.18 (0.8%) to $23.00 on average volume. Thus far, 674,770 shares of ABB exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $22.91-$23.00 after having opened the day at $22.97 as compared to the previous trading day's close of $22.82.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $51.9 billion and is part of the industrial goods sector. Shares are up 8.8% year to date as of the close of trading on Tuesday. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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