4 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 3 points (0.0%) at 16,165 as of Thursday, Dec. 19, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,090 issues advancing vs. 1,843 declining with 148 unchanged.

The Industrial Goods sector currently sits down 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Mohawk Industries ( MHK), down 2.2%, Nidec Corporation ( NJ), down 2.1%, Danaher Corporation ( DHR), down 0.8% and Boeing ( BA), down 0.5%. Top gainers within the sector include ABB ( ABB), up 1.0%, Tenaris ( TS), up 0.9% and Siemens ( SI), up 0.6%.

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

4. General Dynamics ( GD) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, General Dynamics is down $0.90 (-1.0%) to $92.65 on average volume. Thus far, 536,884 shares of General Dynamics exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $92.05-$93.13 after having opened the day at $92.95 as compared to the previous trading day's close of $93.55.

General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. General Dynamics has a market cap of $32.2 billion and is part of the aerospace/defense industry. Shares are up 32.0% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate General Dynamics a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates General Dynamics 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, 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 has had somewhat disappointing return on equity. Get the full General Dynamics 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, Northrop Grumman ( NOC) is down $0.79 (-0.7%) to $110.69 on light volume. Thus far, 362,086 shares of Northrop Grumman exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $110.17-$111.85 after having opened the day at $111.23 as compared to the previous trading day's close of $111.48.

Northrop Grumman Corporation provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. Northrop Grumman has a market cap of $24.3 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are up 65.0% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Northrop Grumman a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Northrop Grumman 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, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Northrop Grumman 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, Cemex S.A.B. de C.V ( CX) is down $0.22 (-1.9%) to $11.43 on light volume. Thus far, 4.1 million shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 13.5 million shares. The stock has ranged in price between $11.32-$11.64 after having opened the day at $11.61 as compared to the previous trading day's close of $11.65.

CEMEX, S.A.B. de C.V., through its subsidiaries, engages in the production and sale of cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia. Cemex S.A.B. de C.V has a market cap of $12.4 billion and is part of the materials & construction industry. Shares are up 18.0% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Cemex S.A.B. de C.V a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cemex S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Cemex S.A.B. de C.V 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, Lockheed Martin Corporation ( LMT) is down $0.94 (-0.7%) to $142.79 on light volume. Thus far, 521,085 shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $141.87-$143.75 after having opened the day at $143.73 as compared to the previous trading day's close of $143.73.

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products for defense, civil, and commercial applications in the United States and internationally. Lockheed Martin Corporation has a market cap of $45.1 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are up 55.7% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Lockheed Martin Corporation a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Lockheed Martin Corporation 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 and notable return on equity. 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 Lockheed Martin 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.

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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