5 Stocks Moving The Industrial Industry Upward

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Industrial industry currently sits down 0.4% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Pentair ( PNR), up 1.1%, and Illinois Tool Works ( ITW), up 0.6%.

TheStreet would like to highlight 5 stocks pushing the industry higher today:

5. Cummins ( CMI) is one of the companies pushing the Industrial industry higher today. As of noon trading, Cummins is up $1.62 (1.2%) to $133.28 on light volume. Thus far, 495,977 shares of Cummins exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $131.25-$133.48 after having opened the day at $131.43 as compared to the previous trading day's close of $131.66.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $24.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 20.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Cummins a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cummins 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, solid stock price performance, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cummins Ratings Report now.

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