5 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 64 points (0.4%) at 16,322 as of Tuesday, Jan. 14, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,125 issues advancing vs. 788 declining with 156 unchanged.

The Industrial Goods sector currently sits up 0.8% versus the S&P 500, which is up 0.7%. Top gainers within the sector include Rockwell Automation ( ROK), up 2.5%, Stanley Black & Decker ( SWK), up 2.0%, Fastenal Company ( FAST), up 1.9%, Danaher Corporation ( DHR), up 1.8% and Tenaris ( TS), up 1.6%.

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

5. Alliant Techsystems ( ATK) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Alliant Techsystems is down $5.49 (-4.1%) to $127.73 on heavy volume. Thus far, 278,816 shares of Alliant Techsystems exchanged hands as compared to its average daily volume of 274,400 shares. The stock has ranged in price between $127.20-$133.45 after having opened the day at $133.22 as compared to the previous trading day's close of $133.22.

Alliant Techsystems Inc. engages in the provision of aerospace, defense, and commercial products to the U.S. government, allied nations, and prime contractors. The company also supplies ammunition and related accessories to law enforcement agencies and commercial customers. Alliant Techsystems has a market cap of $4.3 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 14.6, below the S&P 500 P/E ratio of 17.7. Shares are up 9.5% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Alliant Techsystems a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Alliant Techsystems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Alliant Techsystems 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.

4. As of noon trading, Stratasys ( SSYS) is down $13.31 (-10.2%) to $116.69 on heavy volume. Thus far, 3.4 million shares of Stratasys exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $113.50-$126.41 after having opened the day at $124.32 as compared to the previous trading day's close of $130.00.

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 $6.5 billion and is part of the computer hardware industry. The company has a P/E ratio of 230.4, above the S&P 500 P/E ratio of 17.7. Shares are down 3.5% year-to-date as of the close of trading on Monday. 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.

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, Lockheed Martin Corporation ( LMT) is down $0.95 (-0.6%) to $149.97 on average volume. Thus far, 920,037 shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $149.19-$151.92 after having opened the day at $151.13 as compared to the previous trading day's close of $150.92.

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 $47.9 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 1.5% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Lockheed Martin Corporation a buy, 1 analyst rates it a sell, and 11 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.

2. As of noon trading, 3D Systems Corporation ( DDD) is down $1.80 (-2.0%) to $89.78 on heavy volume. Thus far, 7.8 million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $84.07-$92.35 after having opened the day at $90.94 as compared to the previous trading day's close of $91.58.

3D Systems Corporation, through its subsidiaries, develops, manufactures and markets 3D printers, print materials, on-demand custom parts services, and 3D authoring solutions for professionals and consumers. 3D Systems Corporation has a market cap of $9.7 billion and is part of the computer hardware industry. The company has a P/E ratio of 205.3, above the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year-to-date as of the close of trading on Monday. Currently there are 10 analysts that rate 3D Systems Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates 3D Systems Corporation 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, growth in earnings per share, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full 3D Systems 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.

1. As of noon trading, Boeing ( BA) is down $1.77 (-1.3%) to $138.93 on heavy volume. Thus far, 4.3 million shares of Boeing exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $137.80-$141.70 after having opened the day at $140.85 as compared to the previous trading day's close of $140.70.

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 $106.6 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 25.2, above the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year-to-date as of the close of trading on Monday. 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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