3 Stocks Dragging In The Industrial Industry

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 11 points (0.1%) at 16,218 as of Tuesday, Feb. 25, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,600 issues advancing vs. 1,298 declining with 186 unchanged.

The Industrial industry currently sits up 0.5% versus the S&P 500, which is up 0.2%.

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

3. Tenaris ( TS) is one of the companies pushing the Industrial industry lower today. As of noon trading, Tenaris is down $0.69 (-1.6%) to $41.54 on average volume. Thus far, 552,507 shares of Tenaris exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $41.50-$42.20 after having opened the day at $42.17 as compared to the previous trading day's close of $42.23.

Tenaris S.A., through its subsidiaries, engages in the steel pipe manufacturing and distribution activities. Tenaris has a market cap of $24.8 billion and is part of the industrial goods sector. Shares are down 3.3% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Tenaris a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Tenaris 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, reasonable valuation levels, good cash flow from operations, expanding profit margins 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 Tenaris 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.

2. As of noon trading, Joy Global ( JOY) is down $2.07 (-3.6%) to $55.37 on average volume. Thus far, 804,087 shares of Joy Global exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $55.17-$57.24 after having opened the day at $57.22 as compared to the previous trading day's close of $57.44.

Joy Global Inc. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. Joy Global has a market cap of $5.7 billion and is part of the industrial goods sector. Shares are down 1.8% year-to-date as of the close of trading on Monday. Currently there are 9 analysts that rate Joy Global a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Joy Global as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins. Get the full Joy Global 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, Caterpillar ( CAT) is down $0.83 (-0.8%) to $96.49 on light volume. Thus far, 1.6 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 $95.82-$96.92 after having opened the day at $96.84 as compared to the previous trading day's close of $97.32.

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 $63.1 billion and is part of the industrial goods sector. Shares are up 7.4% year-to-date as of the close of trading on Monday. Currently there are 8 analysts that 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.

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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