3 Stocks Pushing The Industrial Industry Higher

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 38 points (0.2%) at 16,171 as of Friday, Feb. 21, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,939 issues advancing vs. 967 declining with 167 unchanged.

The Industrial industry currently is unchanged today versus the S&P 500, which is up 0.3%. Top gainers within the industry include 3D Systems Corporation ( DDD), up 1.9%, Eaton Corporation ( ETN), up 1.2%, Illinois Tool Works ( ITW), up 1.2%, Rockwell Automation ( ROK), up 1.0% and Honeywell International ( HON), up 0.8%. On the negative front, top decliners within the industry include Tenaris ( TS), down 3.9%, and Royal Philips ( PHG), down 0.8%.

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

3. Cummins ( CMI) is one of the companies pushing the Industrial industry higher today. As of noon trading, Cummins is up $1.93 (1.4%) to $143.68 on average volume. Thus far, 731,407 shares of Cummins exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $141.84-$143.83 after having opened the day at $142.45 as compared to the previous trading day's close of $141.75.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates in four segments: Engine, Components, Power Generation, and Distribution. Cummins has a market cap of $26.1 billion and is part of the industrial goods sector. Shares are down 0.7% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts who rate Cummins a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Cummins 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 stock price during the past year, increase in net income and good cash flow from operations. 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 Cummins Ratings Report now.

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2. As of noon trading, United Technologies ( UTX) is up $0.94 (0.8%) to $115.99 on average volume. Thus far, 1.5 million shares of United Technologies exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $114.72-$116.02 after having opened the day at $115.29 as compared to the previous trading day's close of $115.05.

United Technologies Corporation provides technology products and services to the building systems and aerospace industries worldwide. United Technologies has a market cap of $104.4 billion and is part of the industrial goods sector. Shares are up 0.2% year-to-date as of the close of trading on Thursday. Currently there are 14 analysts who 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.

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1. As of noon trading, Caterpillar ( CAT) is up $0.75 (0.8%) to $97.67 on light volume. Thus far, 2.1 million shares of Caterpillar exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $96.92-$97.95 after having opened the day at $97.11 as compared to the previous trading day's close of $96.92.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. Caterpillar has a market cap of $61.2 billion and is part of the industrial goods sector. Shares are up 6.0% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Caterpillar a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Caterpillar as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, reasonable valuation levels, good cash flow from operations, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Caterpillar Ratings Report now.

3x UPSIDE POTENTIAL: 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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