3 Stocks Dragging In The Industrial Industry

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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.

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Weak On High Volume: Tenaris (TS)