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 up today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.2%) at 15,311 as of Wednesday, Sept. 25, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,760 issues advancing vs. 1,167 declining with 109 unchanged.

The Industrial Goods sector currently sits up 0.5% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include AAR Corporation ( AIR), down 9.4%, Masco Corporation ( MAS), down 1.2% and Republic Services ( RSG), down 0.6%. Top gainers within the sector include Cemex S.A.B. de C.V ( CX), up 1.1%, Tenaris ( TS), up 1.1%, Nidec Corporation ( NJ), up 1.0%, Siemens ( SI), up 0.7% and Weyerhaeuser ( WY), up 0.7%.

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

5. Reliance Steel and Aluminum ( RS) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Reliance Steel and Aluminum is down $1.04 (-1.4%) to $73.11 on average volume. Thus far, 265,246 shares of Reliance Steel and Aluminum exchanged hands as compared to its average daily volume of 457,100 shares. The stock has ranged in price between $72.62-$73.63 after having opened the day at $72.62 as compared to the previous trading day's close of $74.15.

Reliance Steel & Aluminum Co. operates as a metals service center company. Reliance Steel and Aluminum has a market cap of $5.7 billion and is part of the industrial industry. Shares are up 19.7% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Reliance Steel and Aluminum a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Reliance Steel and Aluminum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Reliance Steel and Aluminum 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.

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