Industrial Goods Stocks On The Rise With Help From 5 Stocks

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 126 points (-0.8%) at 15,723 as of Friday, Jan. 31, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,087 issues advancing vs. 1,837 declining with 186 unchanged.

The Industrial Goods sector currently sits down 0.3% versus the S&P 500, which is down 0.5%. Top gainers within the sector include Manitowoc ( MTW), up 13.6%, PulteGroup ( PHM), up 4.0%, DR Horton ( DHI), up 4.3%, Lennar Corporation ( LEN), up 3.6% and NVR ( NVR), up 3.4%. On the negative front, top decliners within the sector include Weyerhaeuser ( WY), down 2.6%, Tenaris ( TS), down 0.5%, Emerson Electric ( EMR), down 0.6% and ABB ( ABB), down 0.8%.

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

5. B/E Aerospace ( BEAV) is one of the companies pushing the Industrial Goods sector higher today. As of noon trading, B/E Aerospace is up $2.04 (2.6%) to $79.16 on heavy volume. Thus far, 1.1 million shares of B/E Aerospace exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $75.75-$79.53 after having opened the day at $75.94 as compared to the previous trading day's close of $77.12.

B/E Aerospace, Inc. designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets worldwide. It operates in three segments: Commercial Aircraft, Consumables Management, and Business Jet. B/E Aerospace has a market cap of $8.7 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7. Shares are down 11.4% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts who rate B/E Aerospace a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates B/E Aerospace as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full B/E Aerospace 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.

4. As of noon trading, Raytheon Company ( RTN) is up $2.31 (2.5%) to $94.20 on heavy volume. Thus far, 2.3 million shares of Raytheon Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $91.93-$94.49 after having opened the day at $92.21 as compared to the previous trading day's close of $91.89.

Raytheon Company designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally. Raytheon Company has a market cap of $28.3 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 15.0, below the S&P 500 P/E ratio of 17.7. Shares are up 1.3% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Raytheon Company a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Raytheon Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Raytheon Company 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.

3. As of noon trading, Northrop Grumman ( NOC) is up $0.98 (0.9%) to $114.23 on average volume. Thus far, 556,675 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 $112.02-$114.68 after having opened the day at $112.27 as compared to the previous trading day's close of $113.25.

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 $24.9 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are down 1.2% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates 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.

3x UPSIDE POTENTIAL: 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, Lockheed Martin Corporation ( LMT) is up $0.88 (0.6%) to $149.54 on average volume. Thus far, 778,271 shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $145.94-$149.68 after having opened the day at $147.07 as compared to the previous trading day's close of $148.66.

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 $47.2 billion and is part of the aerospace/defense industry. The company has a P/E ratio of 16.3, below the S&P 500 P/E ratio of 17.7. Shares are unchanged year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who 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, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Lockheed Martin Corporation 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.

1. As of noon trading, Caterpillar ( CAT) is up $0.92 (1.0%) to $94.12 on heavy volume. Thus far, 4.2 million shares of Caterpillar exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $92.01-$94.69 after having opened the day at $92.16 as compared to the previous trading day's close of $93.20.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $57.7 billion and is part of the industrial industry. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Caterpillar a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Caterpillar 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 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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