3 Stocks Raising 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,367 as of Wednesday, March 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,229 issues advancing vs. 1,681 declining with 174 unchanged.

The Industrial industry currently sits up 0.1% versus the S&P 500, which is unchanged. A company within the industry that increased today was Eaton Corporation ( ETN), up 0.7%. A company within the industry that fell today was Royal Philips ( PHG), up 0.8%.

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

3. ABB ( ABB) is one of the companies pushing the Industrial industry higher today. As of noon trading, ABB is up $0.24 (0.9%) to $25.72 on light volume. Thus far, 648,102 shares of ABB exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $25.64-$25.74 after having opened the day at $25.71 as compared to the previous trading day's close of $25.48.

ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $57.8 billion and is part of the industrial goods sector. Shares are down 6.1% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate ABB a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates ABB 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, reasonable valuation levels 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 ABB 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.

2. As of noon trading, Honeywell International ( HON) is up $0.65 (0.7%) to $95.25 on heavy volume. Thus far, 2.2 million shares of Honeywell International exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $94.90-$95.85 after having opened the day at $95.35 as compared to the previous trading day's close of $94.60.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Honeywell International has a market cap of $73.4 billion and is part of the industrial goods sector. Shares are up 2.4% year-to-date as of the close of trading on Tuesday. Currently there are 15 analysts who rate Honeywell International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Honeywell International 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Honeywell International 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.

1. As of noon trading, General Electric ( GE) is up $0.16 (0.6%) to $25.81 on light volume. Thus far, 11.3 million shares of General Electric exchanged hands as compared to its average daily volume of 38.8 million shares. The stock has ranged in price between $25.65-$25.85 after having opened the day at $25.79 as compared to the previous trading day's close of $25.65.

General Electric Company operates as an infrastructure and financial services company worldwide. General Electric has a market cap of $252.0 billion and is part of the industrial goods sector. Shares are down 10.4% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate General Electric a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates General Electric as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in stock price during the past year, reasonable valuation levels and increase in net income. 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 General Electric 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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