3 Stocks Pulling The Industrial Industry Downward

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 44 points (-0.3%) at 15,836 as of Monday, Jan. 27, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 751 issues advancing vs. 2,176 declining with 155 unchanged.

The Industrial industry currently sits down 1.0% versus the S&P 500, which is down 0.4%.

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

3. Tenaris ( TS) is one of the companies pushing the Industrial industry lower today. As of noon trading, Tenaris is down $0.80 (-1.8%) to $43.53 on heavy volume. Thus far, 1.4 million shares of Tenaris exchanged hands as compared to its average daily volume of 939,500 shares. The stock has ranged in price between $43.47-$44.57 after having opened the day at $44.41 as compared to the previous trading day's close of $44.33.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $27.3 billion and is part of the industrial goods sector. 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 Friday. Currently there are 3 analysts that rate Tenaris a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Tenaris as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Tenaris 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, Stratasys ( SSYS) is down $6.92 (-5.7%) to $114.49 on heavy volume. Thus far, 916,915 shares of Stratasys exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $111.55-$119.96 after having opened the day at $119.05 as compared to the previous trading day's close of $121.41.

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 $6.1 billion and is part of the technology sector. The company has a P/E ratio of 217.3, above the S&P 500 P/E ratio of 17.7. Shares are down 9.9% year-to-date as of the close of trading on Friday. Currently there are 12 analysts that rate Stratasys a buy, 1 analyst rates it a sell, and 3 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.

1. As of noon trading, 3D Systems Corporation ( DDD) is down $4.95 (-6.2%) to $74.92 on heavy volume. Thus far, 4.9 million shares of 3D Systems Corporation exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $72.99-$77.90 after having opened the day at $77.52 as compared to the previous trading day's close of $79.87.

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 $8.8 billion and is part of the technology sector. The company has a P/E ratio of 185.4, above the S&P 500 P/E ratio of 17.7. Shares are down 14.1% year-to-date as of the close of trading on Friday. 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the industrial industry could consider SPDR Dow Jones Industrial Average ( DIA) while those bearish on the industrial industry could consider ProShares UltraShort Industrials ( SIJ).

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