5 Stocks Driving The Industrial Goods Sector Higher

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 14 points (0.1%) at 16,456 as of Friday, Jan. 3, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,181 declining with 172 unchanged.

The Industrial Goods sector currently sits up 0.4% versus the S&P 500, which is unchanged. Top gainers within the sector include Exelis ( XLS), up 2.7%, Masco Corporation ( MAS), up 2.0%, Precision Castparts ( PCP), up 1.1%, Northrop Grumman ( NOC), up 0.8% and Fluor Corporation ( FLR), up 0.8%.

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

5. Stratasys ( SSYS) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, Stratasys is up $2.09 (1.6%) to $136.10 on light volume. Thus far, 405,777 shares of Stratasys exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $134.55-$138.10 after having opened the day at $134.55 as compared to the previous trading day's close of $134.01.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products and for the direct manufacture of end parts. Stratasys has a market cap of $6.6 billion and is part of the computer hardware industry. Shares are down 0.5% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Stratasys as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Stratasys Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

These Stocks Are Changing Course

Analysts' Actions -- Citizens Financial, Expedia, First Solar, Jack in the Box and More

Stratasys Stock Drops Premarket Despite 4Q Beat

Treehouse Foods, Arconic, Kinder Morgan, Chesapeake Energy: 'Mad Money' Lightning Round

Trump's Tweet Creates Opportunity in Pharma: Cramer's 'Mad Money' Recap (Tuesday 2/7/17)