PHM, GD, DE, CAT And BA, Pushing Industrial Goods Sector Downward

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 4 points (0.0%) at 15,449 as of Wednesday, Feb. 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 771 issues advancing vs. 2,156 declining with 142 unchanged.

The Industrial Goods sector currently sits down 1.1% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include 3D Systems Corporation ( DDD), down 18.8%, Stratasys ( SSYS), down 5.4%, Royal Philips ( PHG), down 2.0%, Tenaris ( TS), down 1.6% and Sherwin-Williams Company ( SHW), down 1.4%.

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

5. PulteGroup ( PHM) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, PulteGroup is down $0.65 (-3.3%) to $19.22 on average volume. Thus far, 4.1 million shares of PulteGroup exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $19.22-$19.72 after having opened the day at $19.64 as compared to the previous trading day's close of $19.87.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. PulteGroup has a market cap of $7.5 billion and is part of the materials & construction industry. Shares are down 2.5% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate PulteGroup a buy, 2 analysts rate it a sell, and 6 rate it a hold.

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

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