3 Stocks Improving Performance Of The Industrial Industry

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 72 points (0.4%) at 16,112 as of Thursday, Feb. 20, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,810 issues advancing vs. 1,095 declining with 165 unchanged.

The Industrial industry currently sits up 0.7% versus the S&P 500, which is up 0.3%. Top gainers within the industry include 3D Systems Corporation ( DDD), up 4.0%, Xylem ( XYL), up 2.2%, Ametek ( AME), up 1.3%, Dover Corporation ( DOV), up 1.2% and Ingersoll-Rand ( IR), up 1.1%. On the negative front, top decliners within the industry include Nidec Corporation ( NJ), down 0.8%, and ABB ( ABB), down 0.6%.

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

3. Danaher Corporation ( DHR) is one of the companies pushing the Industrial industry higher today. As of noon trading, Danaher Corporation is up $0.61 (0.8%) to $75.89 on light volume. Thus far, 948,045 shares of Danaher Corporation exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $75.04-$76.05 after having opened the day at $75.49 as compared to the previous trading day's close of $75.28.

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. Danaher Corporation has a market cap of $52.9 billion and is part of the industrial goods sector. Shares are down 1.6% year-to-date as of the close of trading on Wednesday. Currently there are 15 analysts who rate Danaher Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Danaher Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Danaher Corporation Ratings Report now.

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