4 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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 81 points (-0.5%) at 15,762 as of Thursday, Dec. 12, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,157 issues advancing vs. 1,771 declining with 147 unchanged.

The Industrial Goods sector currently sits up 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Royal Philips ( PHG), down 1.9%, ABB ( ABB), down 1.3% and Sherwin-Williams Company ( SHW), down 1.1%. Top gainers within the sector include Exelis ( XLS), up 7.3%, 3D Systems Corporation ( DDD), up 3.8%, Weyerhaeuser ( WY), up 1.8%, Embraer S.A ( ERJ), up 1.6% and Xylem ( XYL), up 1.4%.

TheStreet would like to highlight 4 stocks pushing the sector lower today:

4. Rayonier ( RYN) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Rayonier is down $1.28 (-3.0%) to $41.92 on average volume. Thus far, 761,224 shares of Rayonier exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $41.67-$43.06 after having opened the day at $43.00 as compared to the previous trading day's close of $43.20.

Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. Rayonier has a market cap of $5.5 billion and is part of the materials & construction industry. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are down 15.7% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Rayonier a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Rayonier as a buy. The company's strengths can be seen in multiple areas, such as its 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 Rayonier 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, Pentair ( PNR) is down $0.48 (-0.7%) to $69.77 on average volume. Thus far, 355,563 shares of Pentair exchanged hands as compared to its average daily volume of 919,000 shares. The stock has ranged in price between $69.41-$70.39 after having opened the day at $69.93 as compared to the previous trading day's close of $70.25.

Pentair Ltd. delivers products, services, and solutions for water and other fluids, thermal management, and equipment protection in the United States, Europe, Asia, and other regions. Pentair has a market cap of $14.3 billion and is part of the industrial industry. Shares are up 45.8% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Pentair a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Pentair as a buy. 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, expanding profit margins, good cash flow from operations and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Pentair 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, Chicago Bridge & Iron Company ( CBI) is down $1.69 (-2.2%) to $75.81 on heavy volume. Thus far, 1.0 million shares of Chicago Bridge & Iron Company exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $75.05-$77.59 after having opened the day at $77.54 as compared to the previous trading day's close of $77.50.

Chicago Bridge & Iron Company N.V., an energy infrastructure focused company, provides conceptual design, technology, engineering, procurement, fabrication, construction, and commissioning services to customers in the energy, petrochemical, and natural resource industries worldwide. Chicago Bridge & Iron Company has a market cap of $8.4 billion and is part of the materials & construction industry. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7. Shares are up 69.4% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Chicago Bridge & Iron Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Chicago Bridge & Iron Company 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 notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Chicago Bridge & Iron Company 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, United Technologies ( UTX) is down $0.82 (-0.8%) to $107.84 on light volume. Thus far, 971,489 shares of United Technologies exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $107.71-$108.93 after having opened the day at $108.50 as compared to the previous trading day's close of $108.66.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $101.8 billion and is part of the industrial industry. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are up 35.3% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate United Technologies a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates United Technologies 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, revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full United Technologies 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 5 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).

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%