5 Stocks Pushing The Industrial Goods Sector Lower

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 61 points (0.4%) at 15,361 as of Friday, Sept. 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,640 issues advancing vs. 1,247 declining with 140 unchanged.

The Industrial Goods sector currently is unchanged today versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Embraer S.A ( ERJ), down 3.0%, Lennar Corporation ( LEN), down 2.9%, DR Horton ( DHI), down 2.2%, Chicago Bridge & Iron Company ( CBI), down 1.6% and Toll Brothers ( TOL), down 1.4%. Top gainers within the sector include Boeing ( BA), up 0.8%, Cemex S.A.B. de C.V ( CX), up 0.6% and Nidec Corporation ( NJ), up 0.6%.

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

5. Middleby Corporation ( MIDD) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Middleby Corporation is down $3.67 (-1.8%) to $203.40 on average volume. Thus far, 49,998 shares of Middleby Corporation exchanged hands as compared to its average daily volume of 90,800 shares. The stock has ranged in price between $202.64-$209.59 after having opened the day at $208.14 as compared to the previous trading day's close of $207.07.

The Middleby Corporation designs, manufactures, markets, distributes, and services commercial foodservice and food processing equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Middleby Corporation has a market cap of $4.0 billion and is part of the industrial industry. Shares are up 64.9% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Middleby Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Middleby Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth 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 Middleby 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.

4. As of noon trading, Pall Corporation ( PLL) is down $0.73 (-1.0%) to $73.24 on average volume. Thus far, 224,631 shares of Pall Corporation exchanged hands as compared to its average daily volume of 467,200 shares. The stock has ranged in price between $73.18-$74.29 after having opened the day at $74.29 as compared to the previous trading day's close of $73.97.

Pall Corporation engages in manufacturing and marketing filtration, purification, and separation products and integrated systems solutions worldwide. Pall Corporation has a market cap of $8.3 billion and is part of the industrial industry. Shares are up 22.8% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Pall Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Pall Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, 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 Pall 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.

3. As of noon trading, Ametek ( AME) is down $0.54 (-1.2%) to $45.03 on heavy volume. Thus far, 837,731 shares of Ametek exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $44.94-$45.93 after having opened the day at $45.90 as compared to the previous trading day's close of $45.57.

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America. The company operates in two segments, Electronic Instruments Group and Electromechanical Group. Ametek has a market cap of $10.9 billion and is part of the electronics industry. Shares are up 18.4% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Ametek a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ametek 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 largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Ametek 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, TransDigm Group ( TDG) is down $2.74 (-1.9%) to $142.09 on light volume. Thus far, 150,769 shares of TransDigm Group exchanged hands as compared to its average daily volume of 492,200 shares. The stock has ranged in price between $142.00-$145.39 after having opened the day at $145.39 as compared to the previous trading day's close of $144.83.

TransDigm Group Incorporated, through its subsidiaries, designs, produces, and supplies engineered aerospace components for commercial and military aircraft customers in the United States. TransDigm Group has a market cap of $7.5 billion and is part of the aerospace/defense industry. Shares are up 6.2% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate TransDigm Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates TransDigm Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full TransDigm Group 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, Stratasys ( SSYS) is down $5.10 (-5.2%) to $92.69 on heavy volume. Thus far, 5.5 million shares of Stratasys exchanged hands as compared to its average daily volume of 838,400 shares. The stock has ranged in price between $92.12-$94.70 after having opened the day at $93.15 as compared to the previous trading day's close of $97.79.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $4.4 billion and is part of the computer hardware industry. Shares are up 28.5% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Stratasys as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Stratasys 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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