3 Stocks Pushing The Industrial Goods Sector 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.

Two out of the three major indices are trading up 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 Goods sector currently sits up 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Nidec Corporation ( NJ), down 1.8%, Weyerhaeuser ( WY), down 1.4%, Ingersoll-Rand ( IR), down 1.3%, Parker Hannifin Corporation ( PH), down 1.1% and Royal Philips ( PHG), down 1.0%. Top gainers within the sector include James Hardie Industries ( JHX), up 2.5%, Sherwin-Williams Company ( SHW), up 1.0%, United Technologies ( UTX), up 1.0%, Precision Castparts ( PCP), up 0.9% and ABB ( ABB), up 0.8%.

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

3. Zebra Technologies Corporation ( ZBRA) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Zebra Technologies Corporation is down $1.47 (-3.1%) to $45.91 on heavy volume. Thus far, 185,244 shares of Zebra Technologies Corporation exchanged hands as compared to its average daily volume of 158,100 shares. The stock has ranged in price between $45.14-$46.75 after having opened the day at $46.73 as compared to the previous trading day's close of $47.38.

Zebra Technologies Corp. Zebra Technologies Corporation has a market cap of $2.4 billion and is part of the industrial industry. Shares are up 20.5% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Zebra Technologies Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Zebra Technologies Corporation 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, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Zebra Technologies Corporation 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, Embraer S.A ( ERJ) is down $0.72 (-2.0%) to $35.59 on light volume. Thus far, 362,168 shares of Embraer S.A exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $35.32-$36.11 after having opened the day at $36.01 as compared to the previous trading day's close of $36.31.

Embraer S.A. primarily develops, produces, and sells jet and turboprop aircrafts for civil and defense aviation markets in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. Embraer S.A has a market cap of $6.5 billion and is part of the aerospace/defense industry. Shares are up 24.7% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Embraer S.A a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Embraer S.A as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. Get the full Embraer S.A 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, Manitowoc ( MTW) is down $0.63 (-3.0%) to $20.34 on heavy volume. Thus far, 1.7 million shares of Manitowoc exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $20.07-$20.86 after having opened the day at $20.80 as compared to the previous trading day's close of $20.97.

Manitowoc Company, Inc. is a diversified, capital goods manufacturer. The Company is principally engaged in the design and manufacture of commercial ice machines, ice/beverage dispensers and refrigeration products for the foodservice, lodging, conve. Manitowoc has a market cap of $2.8 billion and is part of the industrial industry. Shares are up 33.7% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Manitowoc a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Manitowoc as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, 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 has had generally high debt management risk by most measures that we evaluated. Get the full Manitowoc 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 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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