3 Stocks Pulling The Industrial Goods Sector Downward

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 37 points (0.2%) at 16,217 as of Wednesday, Feb. 26, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 910 declining with 172 unchanged.

The Industrial Goods sector currently sits up 1.1% versus the S&P 500, which is up 0.3%. A company within the sector that fell today was Tenaris ( TS), up 0.7%. Top gainers within the sector include Middleby Corporation ( MIDD), up 12.9%, Embraer S.A ( ERJ), up 5.4%, Chicago Bridge & Iron Company ( CBI), up 5.1%, Eagle Materials ( EXP), up 3.9% and PulteGroup ( PHM), up 3.4%.

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

3. Sturm Ruger & Company ( RGR) is one of the companies pushing the Industrial Goods sector lower today. As of noon trading, Sturm Ruger & Company is down $6.92 (-10.1%) to $61.45 on heavy volume. Thus far, 1.1 million shares of Sturm Ruger & Company exchanged hands as compared to its average daily volume of 397,900 shares. The stock has ranged in price between $60.01-$64.00 after having opened the day at $63.00 as compared to the previous trading day's close of $68.37.

Sturm, Ruger & Company, Inc. engages in the design, manufacture, and sale of firearms in the United States. The company offers single-shot, auto loading, bolt-action, and sporting rifles; single-action and double-action revolvers; and rim fire auto loading and center fire auto loading pistols. Sturm Ruger & Company has a market cap of $1.3 billion and is part of the aerospace/defense industry. Shares are down 6.5% year-to-date as of the close of trading on Tuesday. Currently there are no analysts that rate Sturm Ruger & Company a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sturm Ruger & Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Sturm Ruger & Company 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, Clean Harbors ( CLH) is down $7.89 (-14.6%) to $46.05 on heavy volume. Thus far, 4.0 million shares of Clean Harbors exchanged hands as compared to its average daily volume of 558,800 shares. The stock has ranged in price between $44.95-$47.96 after having opened the day at $47.89 as compared to the previous trading day's close of $53.94.

Clean Harbors, Inc., through its subsidiaries, provides environmental, energy, and industrial services in the United States, Puerto Rico, Canada, and internationally. It operates in four segments: Technical Services, Field Services, Industrial Services, and Oil and Gas Field Services. Clean Harbors has a market cap of $3.2 billion and is part of the materials & construction industry. Shares are down 10.7% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Clean Harbors a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Clean Harbors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Clean Harbors 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, Lockheed Martin Corporation ( LMT) is down $1.12 (-0.7%) to $162.49 on average volume. Thus far, 823,367 shares of Lockheed Martin Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $162.21-$164.41 after having opened the day at $163.30 as compared to the previous trading day's close of $163.61.

Lockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services for defense, civil, and commercial applications in United States and internationally. Lockheed Martin Corporation has a market cap of $53.4 billion and is part of the aerospace/defense industry. Shares are up 10.1% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Lockheed Martin Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Lockheed Martin Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Lockheed Martin Corporation 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 goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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