Today's Stocks Driving Success For The Industrial Industry

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 80 points (0.5%) at 15,453 as of Tuesday, Feb. 4, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,024 issues advancing vs. 894 declining with 170 unchanged.

The Industrial industry currently sits up 0.8% versus the S&P 500, which is up 0.7%. A company within the industry that increased today was Tenaris ( TS), up 1.1%. A company within the industry that fell today was Nidec Corporation ( NJ), up 3.1%.

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

5. Royal Philips ( PHG) is one of the companies pushing the Industrial industry higher today. As of noon trading, Royal Philips is up $0.53 (1.6%) to $34.60 on average volume. Thus far, 279,316 shares of Royal Philips exchanged hands as compared to its average daily volume of 494,800 shares. The stock has ranged in price between $34.44-$34.75 after having opened the day at $34.49 as compared to the previous trading day's close of $34.07.

Koninklijke Philips N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Royal Philips has a market cap of $31.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 93.8, above the S&P 500 P/E ratio of 17.7. Shares are down 7.8% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Royal Philips a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Royal Philips as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins 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 Royal Philips Ratings Report now.

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