3 Stocks Pushing The Industrial Industry Lower

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 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 fell today was Nidec Corporation ( NJ), up 3.1%. A company within the industry that increased today was Tenaris ( TS), up 1.1%.

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

3. Precision Castparts ( PCP) is one of the companies pushing the Industrial industry lower today. As of noon trading, Precision Castparts is down $1.64 (-0.7%) to $246.18 on average volume. Thus far, 351,379 shares of Precision Castparts exchanged hands as compared to its average daily volume of 571,900 shares. The stock has ranged in price between $244.05-$248.55 after having opened the day at $248.07 as compared to the previous trading day's close of $247.82.

Precision Castparts Corp. manufactures metal components and products worldwide. Precision Castparts has a market cap of $37.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are down 7.9% year-to-date as of the close of trading on Monday. Currently there are 12 analysts that rate Precision Castparts a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Precision Castparts 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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 Precision Castparts 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, Emerson Electric ( EMR) is down $0.73 (-1.1%) to $63.52 on heavy volume. Thus far, 2.4 million shares of Emerson Electric exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $62.25-$65.00 after having opened the day at $63.57 as compared to the previous trading day's close of $64.25.

Emerson Electric Co., a diversified technology company, designs and supplies products and technology, and delivers engineering services and solutions to the industrial, commercial, and consumer markets worldwide. Emerson Electric has a market cap of $46.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 23.9, above the S&P 500 P/E ratio of 17.7. Shares are down 8.4% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate Emerson Electric a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Emerson Electric as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. 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 Emerson Electric 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, United Technologies ( UTX) is down $1.18 (-1.1%) to $108.98 on heavy volume. Thus far, 5.0 million shares of United Technologies exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $107.50-$109.46 after having opened the day at $108.37 as compared to the previous trading day's close of $110.16.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $104.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are down 3.2% year-to-date as of the close of trading on Monday. Currently there are 14 analysts that rate United Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates United Technologies 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, revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full United Technologies 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 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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