3 Industrial Goods Stocks Dragging The Sector Down

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 5 points (0.0%) at 16,485 as of Friday, Dec. 27, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,370 issues advancing vs. 1,569 declining with 149 unchanged.

The Industrial Goods sector currently is unchanged today versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include 3D Systems Corporation ( DDD), down 1.3%, and Lockheed Martin Corporation ( LMT), down 0.5%. Top gainers within the sector include Nidec Corporation ( NJ), up 2.6%, Textron ( TXT), up 1.6%, ABB ( ABB), up 0.8% and Royal Philips ( PHG), up 0.8%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Cemex S.A.B. de C.V ( CX) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Cemex S.A.B. de C.V is down $0.08 (-0.7%) to $11.62 on light volume. Thus far, 2.2 million shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 13.1 million shares. The stock has ranged in price between $11.56-$11.76 after having opened the day at $11.76 as compared to the previous trading day's close of $11.70.

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 $12.8 billion and is part of the materials & construction industry. Shares are up 18.5% year to date as of the close of trading on Thursday. 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.

2. As of noon trading, Northrop Grumman ( NOC) is down $0.58 (-0.5%) to $114.74 on light volume. Thus far, 333,825 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 $114.59-$116.19 after having opened the day at $115.52 as compared to the previous trading day's close of $115.32.

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 $25.4 billion and is part of the aerospace/defense industry. Shares are up 70.6% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Northrop Grumman a buy, no analysts rate it a sell, and 13 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.

1. As of noon trading, Boeing ( BA) is down $0.79 (-0.6%) to $137.48 on light volume. Thus far, 1.0 million shares of Boeing exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $137.02-$138.88 after having opened the day at $138.53 as compared to the previous trading day's close of $138.27.

The Boeing Company, together with its subsidiaries, engages in the design, development, manufacture, sale, and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing has a market cap of $102.8 billion and is part of the aerospace/defense industry. Shares are up 83.5% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Boeing a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Boeing as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Boeing 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).

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