3 Stocks Moving The Industrial Industry Upward

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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 14 points (-0.1%) at 16,140 as of Tuesday, Feb. 18, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 2,063 issues advancing vs. 873 declining with 164 unchanged.

The Industrial industry currently sits up 0.8% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Nidec Corporation ( NJ), up 2.8%, Dover Corporation ( DOV), up 1.1% and Royal Philips ( PHG), up 1.1%. On the negative front, top decliners within the industry include Emerson Electric ( EMR), down 0.8%, and Roper Industries ( ROP), down 0.7%.

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

3. Ingersoll-Rand ( IR) is one of the companies pushing the Industrial industry higher today. As of noon trading, Ingersoll-Rand is up $0.48 (0.8%) to $58.91 on average volume. Thus far, 1.2 million shares of Ingersoll-Rand exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $58.23-$58.93 after having opened the day at $58.63 as compared to the previous trading day's close of $58.43.

Ingersoll-Rand Public Limited Company engages in the design, manufacture, sale, and service of a diverse portfolio of industrial and commercial products in the United States and internationally. Ingersoll-Rand has a market cap of $16.8 billion and is part of the industrial goods sector. Shares are down 5.2% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate Ingersoll-Rand a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Ingersoll-Rand 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 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 Ingersoll-Rand Ratings Report now.

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