PPO, PHG And RS, 3 Industrial Stocks Pushing The 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 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%. On the negative front, top decliners within the industry include Nidec Corporation ( NJ), down 0.8%, and ABB ( ABB), down 0.6%. Top gainers within the industry include 3D Systems Corporation ( DDD), up 4.4%, Xylem ( XYL), up 2.3%, Ametek ( AME), up 1.2%, Dover Corporation ( DOV), up 1.2% and Ingersoll-Rand ( IR), up 1.1%.

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

3. Polypore International ( PPO) is one of the companies pushing the Industrial industry lower today. As of noon trading, Polypore International is down $3.08 (-9.3%) to $29.87 on heavy volume. Thus far, 1.8 million shares of Polypore International exchanged hands as compared to its average daily volume of 435,400 shares. The stock has ranged in price between $29.73-$30.69 after having opened the day at $30.10 as compared to the previous trading day's close of $32.95.

7-Apr-2005 Amos Lynn However, our business is focused on membranes and modules containing membranes for a wide variety of filtrations applications. We have generally steered clear of systems businesses, macro filtration markets, pumps or non-membrane based methods of filtration. Polypore International has a market cap of $1.5 billion and is part of the industrial goods sector. Shares are down 15.3% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Polypore International a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Polypore International as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full Polypore International Ratings Report now.

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2. As of noon trading, Royal Philips ( PHG) is down $0.76 (-2.1%) to $35.03 on average volume. Thus far, 311,130 shares of Royal Philips exchanged hands as compared to its average daily volume of 527,100 shares. The stock has ranged in price between $34.95-$35.12 after having opened the day at $35.04 as compared to the previous trading day's close of $35.79.

Koninklijke Philips N.V. engages in the healthcare, lighting, and consumer lifestyle businesses worldwide. Royal Philips has a market cap of $33.0 billion and is part of the consumer goods sector. Shares are down 3.2% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Royal Philips a buy, no analysts rate it a sell, and 1 rates 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 increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Royal Philips 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, Reliance Steel and Aluminum ( RS) is down $1.23 (-1.7%) to $71.15 on heavy volume. Thus far, 424,126 shares of Reliance Steel and Aluminum exchanged hands as compared to its average daily volume of 378,500 shares. The stock has ranged in price between $70.07-$72.50 after having opened the day at $72.38 as compared to the previous trading day's close of $72.38.

Reliance Steel & Aluminum Co. operates as a metals service center company. Reliance Steel and Aluminum has a market cap of $5.7 billion and is part of the industrial goods sector. Shares are down 2.3% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Reliance Steel and Aluminum a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Reliance Steel and Aluminum as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, 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 Reliance Steel and Aluminum 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 3 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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